Do we need blockchain technology? - page 2.

syamster

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Yes I think We need crypto Currency.. we should accept the its the future of world.
If we want to develope then crypto is mandatory.

Crypto currency is the need of the day we have to invest our money because it is future savvier and for the same way we want proper wallet for it blockchain is the best wallet we can use to store our coin, blockchain is now famous technology it has all saving features that we can use in our life as well, blockchain technology is important for sure.

slocker

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Quote from: escalante28 on June 06, 2019, 08:22:13 AM

Blockchain technology is very useful in many different ways not just in cryptocurrency. Imagine in crypto blockchain, all transactions have been recorded and can't be duplicated how much more if we use it in our daily transactions. Blockchain can be used as an election machine that can gather records of all voters instantly and fairly and not just in it. There are lots of things can benefit using a blockchain because of its unique technology. So we really need the blockchain technology for innovation.

It the future, you dont need to send money in transactions you can also huge amount of data for you company or for yourself. Huge amount of data can be stored and later used. This is huge step for everything, it only matter of time when will it be used for something else not just for transactions.

Warranteum

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It's not about using blockchain ir not, it's the future of things.

Best Dreams

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Quote from: syamster on June 07, 2019, 06:15:21 PM

Quote from: quality.crypto on June 07, 2019, 02:17:59 AM

Quote from: cryptolord2077 on June 04, 2019, 04:54:01 PM

Quote from: sirminesalot on May 15, 2019, 11:29:05 AM

I think that's what you think. when crypto develops there will be many projects and according to the uses we need in life. and indeed many crypto-based frauds

In my opinion, 90% of projects trying to apply their idea in the real world are not sustainable, far away every project needs blockchains, but every project needs money, which is why we now have so many useless projects.

The majority of the project don't have any real idea to implement what they mentioned in the roadmap, they need money in order to develop the project but some time value making them hard to develop the project. In 2018, there are many projects launched but couldn't able to develop what they mentioned in roadmap.

I am not aware of any other project but for me blockchain has become the best and the most successful project of this era so we really need it because in so many areas blockchain is being use as wallet, some banks are interested in this technology and I am sure after few years it will become more popular than this because day by day we are getting more modern and digital system is our need now.

For sure there are so many but I am sure with time usage of blockchain technology will increase with time, it has good future as you said there are so many ICO projects that are being part of the market now are useless and has no useful features but blockchain is now being popular among banks as well, companies and being use as wallet too,

syamster

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Quote from: quality.crypto on June 07, 2019, 02:17:59 AM

Quote from: cryptolord2077 on June 04, 2019, 04:54:01 PM

Quote from: sirminesalot on May 15, 2019, 11:29:05 AM

I think that's what you think. when crypto develops there will be many projects and according to the uses we need in life. and indeed many crypto-based frauds

In my opinion, 90% of projects trying to apply their idea in the real world are not sustainable, far away every project needs blockchains, but every project needs money, which is why we now have so many useless projects.

The majority of the project don't have any real idea to implement what they mentioned in the roadmap, they need money in order to develop the project but some time value making them hard to develop the project. In 2018, there are many projects launched but couldn't able to develop what they mentioned in roadmap.

I am not aware of any other project but for me blockchain has become the best and the most successful project of this era so we really need it because in so many areas blockchain is being use as wallet, some banks are interested in this technology and I am sure after few years it will become more popular than this because day by day we are getting more modern and digital system is our need now.

quality.crypto

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Quote from: cryptolord2077 on June 04, 2019, 04:54:01 PM

Quote from: sirminesalot on May 15, 2019, 11:29:05 AM

I think that's what you think. when crypto develops there will be many projects and according to the uses we need in life. and indeed many crypto-based frauds

In my opinion, 90% of projects trying to apply their idea in the real world are not sustainable, far away every project needs blockchains, but every project needs money, which is why we now have so many useless projects.

The majority of the project don't have any real idea to implement what they mentioned in the roadmap, they need money in order to develop the project but some time value making them hard to develop the project. In 2018, there are many projects launched but couldn't able to develop what they mentioned in roadmap.

kodtycoon

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blockchain technology is very much needed in terms of transactions and data input so as to make it more transparent and certainly more efficient. there is nothing to doubt about blockchain technology because so far there has been a lot of adoption of these technologies which of course many business developers really need this future technology

escalante28

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Blockchain technology is very useful in many different ways not just in cryptocurrency. Imagine in crypto blockchain, all transactions have been recorded and can't be duplicated how much more if we use it in our daily transactions. Blockchain can be used as an election machine that can gather records of all voters instantly and fairly and not just in it. There are lots of things can benefit using a blockchain because of its unique technology. So we really need the blockchain technology for innovation.

slaman29

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Quote from: cryptolord2077 on June 04, 2019, 04:54:01 PM

In my opinion, 90% of projects trying to apply their idea in the real world are not sustainable, far away every project needs blockchains, but every project needs money, which is why we now have so many useless projects.

You don't really get it I guess. It's true that 90% of projects aren't sustainable (I think the figure is probably closer to 99%) but it's actually to me very little to do with money. Projects that rely on money or funding to be operational are by definition not sustainable.

Bitcoin until today never needed a single cent of funding. Just passionate developers and volunteers.

Furious 7

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Quote from: cryptolord2077 on June 04, 2019, 04:54:01 PM

Quote from: sirminesalot on May 15, 2019, 11:29:05 AM

I think that's what you think. when crypto develops there will be many projects and according to the uses we need in life. and indeed many crypto-based frauds

In my opinion, 90% of projects trying to apply their idea in the real world are not sustainable, far away every project needs blockchains, but every project needs money, which is why we now have so many useless projects.

Some projects continue to develop their projects and utilize blockchain technology. not solely collecting money then disappearing.
it is undeniable that every project needs money to succeed their project. but each project has a goal to develop the blockchain.

cryptolord2077

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Quote from: sirminesalot on May 15, 2019, 11:29:05 AM

I think that's what you think. when crypto develops there will be many projects and according to the uses we need in life. and indeed many crypto-based frauds

In my opinion, 90% of projects trying to apply their idea in the real world are not sustainable, far away every project needs blockchains, but every project needs money, which is why we now have so many useless projects.

pragna

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Yes, blockchain technology is very very essential in now-a days because there are too much fraudulent work everywhere in transaction. Here blockchain technology gives you clear and transference transaction everywhere. In blockchain technology it is too much highly secure and if anybody did not give access no body can not enter another ID. So blockchain will be needed everywhere.

CryptoKingh

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We dont "need" blockchain, however, with the advantages that it offers, it will be adopted by every industry, private and public. Without going into the technical details, it offers a ledger and smart contracts that allows us share/distribute information on trust-less bases.(information-data not necessarily monetary based) We think of crypto when we refer to blockchain, however, blockchain technology is independent of crypto, which runs on blockchain. Blockchain technology can function without crypto, whereas cyrpto cannot function without blockchain. But i must say, as companies start to adopt platforms like hyperledger, it will be pretty scary, as everything will be tracked and transparent (not to mention, business will use centralized blockchain technology) To sum it all up, if a payable and receivable department was to run on the blockchain technology, it can replace a 1000 staff and with one person, or zero.

logicgate

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Quote from: spike420211 on May 31, 2019, 10:16:19 AM

Taking into account that hackers are becoming smarter and more inventive, and our world is becoming more technological and electronic, it is obvious that we need the best means of protection against hacking, because in the future our life will depend directly on this, much more than now. Is there a better means than decentralization?

yes no doubt now a day there are such a lot of hackers who're available in the market to take benefit from other peoples unawareness after invention of blockchain our living has change into so good , we got turn into safe from hackers and nowadays we are able to save our investment and even there are such a lot of companies inclusive of some banks who are introducing blockchain technology in their system for long time safely.

spike420211

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Taking into account that hackers are becoming smarter and more inventive, and our world is becoming more technological and electronic, it is obvious that we need the best means of protection against hacking, because in the future our life will depend directly on this, much more than now. Is there a better means than decentralization?

Evgenklm

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I agree that there are a lot of new projects with bad ideas, but I think the market itself will regulate such projects, usually such projects do not have trading on the exchanges and the project is curtailed.

diazepam666

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Yes because of this technology only we people here and discussing more factors around blockchain and bitcoin.

So definitely we need this technology for long term to make revolution in finance industry.

There more security concerns needs to add on public blockchain avoid the hacks and many problems to secure the users more closely.

Best Dreams

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Quote from: abeecrypto on May 19, 2019, 09:24:04 AM

Yeah, there are a lot of funny projects that can be solved effectively with already existing technology and does not necessary have to be blockchain inclined. But even at that, many other projects surely will be more effective with blockchain technology. There is one unique Feature that the blockchain brings which makes it stand out and that is transparency. No technology gets close. so, sure, we need blockchain technology.

Agree with you blockchain is the most transparent technology that it gives us safety about saving our coin, it is reliable to use anywhere and because of increasing popularity now almost everywhere blockchain is acceptable to use for paying online, it has fast access and in history of crypto currency we did not see any other invention better than blockchain.

Al-e_x

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Of course we need blockchain technology, because the blockchain is a future technology that will be used in various fields

SomeCryptoDude

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Quote from: tuongvi1991 on November 03, 2018, 09:33:34 AM

Hello everyone.

When I see there are too many ICO and shitcoins on novaexchange. I keep asking myself: do we really need blockchain technology?

In case of Bitcoin. Of course, I agree.
What about ETH? I agree too.

But, have a look at the others on the market. I don't even know why should people use their service. There is no real use in real life.

An ad management system on blockchain? - We already had Google Ads & Facebook Ads.
A social network on blockchain? (steem) - Do we? I don't see anything but a centralized forum hosted on a random hosting using its currency to pay for the writers.

There are too many projects that we don't really need it on blockchain.

Sometimes, I think there is a black swan (Blockchain is useless in real life) lurking around.

Yes we do. The fees are starting to be unacceptable. Its like throwing money and there's no privacy. Imagine trying to transfer or invest money. Instead of being able to put more into your investment, a big part of your money still goes to the platform. Its very incomparable to blockchain. It also gives an opportunity for practical projects to be exposed to more investors.

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