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Topic: Do we need blockchain technology? - page 8. (Read 13348 times)

jr. member
Activity: 98
Merit: 1
March 19, 2019, 12:42:28 PM
We need blockchain technology but it's necessary to know how use it properly.
Blockchain helps to increase transaction and also gives us some information services.
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
March 19, 2019, 03:19:17 AM
by the existence of the blockchaiin technology, it helps us to prevent corruption and corporate fraud, it can also help in the fight against hacking.
Talk of corruption, do you think it really can help stop corruption? People always find ways to commit crimes ,no matter what you do to stop. But I have heard that blockchain can be used for voting and election cause it can provide an unhackable system for the government, which will be a public system which will help to count votes faster.

Apart from cryptocurrency I believe that there are still lots of other reasons as to why we will need blockchain. Some experts believes that blockchain can do more than just being a system for recording cryptocurrency transaction. Some has said that it can be used in businesses, starting from real estate to entertainment.
full member
Activity: 532
Merit: 148
March 14, 2019, 05:54:18 PM
Blockchain technology is the center processor unit of bitcoin. What I mean is bitcoin transacted through blockchain that creates blocks. The Blockchain Technology is very important on the existence of Bitcoin or the Cryptocurrency. If we don't need bitcoin then we don't need blockchain. We are still using crypto currencies and blockchain too.
sr. member
Activity: 2422
Merit: 357
March 14, 2019, 05:41:37 PM
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.


Im sure somone can think of other things that can be done with blockchain technology in order to be better. Maybe on social media, official restaurant blockchain or even blockchain for games. We dont really need those hundred altcoins existing there. We need those who are useful.
sr. member
Activity: 994
Merit: 252
March 14, 2019, 02:35:34 PM


Blockchain is a new structure for data. a platform that not only bitcoin an Ethereum are run by, but other big enterprises like IBM are also adopting as well. There's nothing wrong with blockchain itself. it's it overuse of it and the mushroom expansion of blockchain projects that might cause some hesitation but it is a useful platform nevertheless.



You have a point of view, blockchain technology is very useful to us, we are now in modern socialization and most likely people have gadget and they used internet which is blockchain technology is good for the transaction via the internet. By using cryptocurrency to have a representative and has a value like bitcoin we can able to use blockchain technology. Every digital currency was using blockchain technology to run their project.
  This is really true it is new age where crypto currency has become our need, it is being famous all over the world, more adoption is making crypto currency stronger, so in this way hackers are also being so sharp to fight them we need blockchain to save our bitcoin, it is safe, reliable and easily accessible anywhere without any problem.
full member
Activity: 490
Merit: 134
March 14, 2019, 01:04:54 PM
Yes we do. Blockchain technology is about to reach into areas beyond the digital currency movement and as such will be affecting everything from real estate to entertainment as startups increasingly integrate blockchain into their business models. So, usage of blockchain stretches far beyond the monetary use-cases like with the case of Bitcoin. Blocks on the blockchain can hold any type of information, making blockchain technology very versatile and useful. Only remain to see if many of blockchain qualities will be implemented in some future.
hero member
Activity: 1148
Merit: 523
CryptoTalk.Org - Get Paid for every Post!
March 14, 2019, 11:12:09 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.

I don't think you understand the blockchain technology correctly. In the future, not only crypto markets but even also the government is going to use this technology.

That is E-Governance, I am really waiting to see democratic countries started accepting blockchain technology to see the big revolution on data analytics and financial management systems.
Lets wait who is Next to Estonia.

I believe Dubai started working on implementing this even they are running king rule there.
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
March 14, 2019, 08:45:17 AM
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, most of these projects are uncalled for and those who are running those projects are just doing it to make their money and that’s it. I see all these projects, but I still wake up and see that another person copied the same project, quite funny. And they be expecting people to invest in projects that are not unique. I don’t even have time for all that, only making use of Bitcoin whenever I want to make transaction or maybe if I want to invest for a while or trade.

Blockchain technology if fully deployed is absolutely a way out in term of curbing election rigging, Russia had already adopted it for voting process also its very useful in chain supplies, medicine and other valuable sectors of the economy  the OP is laying more emphasis on the usefulness of this technology on mainly cryptocurrencies not mindful of the fact that this technology goes beyond using it to create shitcoins.
The truth is that I have seen a lot of claims on what the blockchain can be used for, but none of them are being fulfilled at all. I have seen and heard a lot of things, but this one of election is what I’m just seeing today. I don’t know how that works or how exactly Blockchain is going to help to curb election rigging. The way it is built, that seems impossible to me, but I will do some research though.
sr. member
Activity: 994
Merit: 391
March 14, 2019, 07:53:42 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.

I don't think you understand the blockchain technology correctly. In the future, not only crypto markets but even also the government is going to use this technology.
full member
Activity: 798
Merit: 109
https://bmy.guide
March 14, 2019, 06:46:09 AM
#99


Blockchain is a new structure for data. a platform that not only bitcoin an Ethereum are run by, but other big enterprises like IBM are also adopting as well. There's nothing wrong with blockchain itself. it's it overuse of it and the mushroom expansion of blockchain projects that might cause some hesitation but it is a useful platform nevertheless.



You have a point of view, blockchain technology is very useful to us, we are now in modern socialization and most likely people have gadget and they used internet which is blockchain technology is good for the transaction via the internet. By using cryptocurrency to have a representative and has a value like bitcoin we can able to use blockchain technology. Every digital currency was using blockchain technology to run their project.
legendary
Activity: 1092
Merit: 1001
March 14, 2019, 01:00:34 AM
#98
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.
For me, yes. We need blockchain technology. For being the one that the entire Bitcoin network relies it is indeed very important. More than that, all of our Bitcoin wallets is there to calculate their spendable balance so that new transactions can be verified thereby ensuring they're actually owned by the spender. Nowadays, a lots of businesses are starting to adopt blockchain systems more and more because it makes transactions faster, cheaper, and more efficient. In addition, with every transaction being visible to us, users worldwide, transparency between businesses and consumers will rise to unprecedented levels.
Furthermore, by the existence of the blockchaiin technology, it helps us to prevent corruption and corporate fraud, it can also help in the fight against hacking.q
jr. member
Activity: 139
Merit: 1
March 13, 2019, 07:14:27 AM
#97


Blockchain is a new structure for data. a platform that not only bitcoin an Ethereum are run by, but other big enterprises like IBM are also adopting as well. There's nothing wrong with blockchain itself. it's it overuse of it and the mushroom expansion of blockchain projects that might cause some hesitation but it is a useful platform nevertheless.


legendary
Activity: 2226
Merit: 1086
duelbits.com
March 12, 2019, 06:40:05 PM
#96
Why not?
Blockchain technology is a highly advanced system and tech. The use of this technology is more than we can imagine. Today, the development of blockchain technology has been spreading to any other fields and industries. Many companies are interested in using the blockchain technology to support their system. The blockchain is not only about crypto, but this is also a wide technology that can be developed. In crypto itself, it really becomes the basic that is very powerful, making crypto a great thing for many people in the world.
full member
Activity: 784
Merit: 123
March 12, 2019, 05:04:34 PM
#95
A lot of new things and changes happens when blockchain technology came out, when it comes into transparency, definitely it have. But somehow people won't understand this new technology and even giving some negatives for the result. I know it is a big test for us and not forcing everyone also to adopt the system  but instead we have a given a time to realize and appreciate its purpose.
hero member
Activity: 2968
Merit: 687
March 11, 2019, 05:29:31 PM
#94
Thailand has proven that blockchain technology is very useful. they use this technology for general elections.
a little more advanced than other countries. Blockchain is the technology of the future.

I saw that information too but I don't think they have actually used it but they are setting it up and would first test it in a smaller scale election like a university election or any related to that to scale it before fully introducing it. You can read more of it here; https://www.google.com/amp/s/www.ethnews.com/amp/thailand-to-introduce-blockchain-based-voting

But nevertheless, I think is decision is simply the best, election needs to be free and fair in states.
We really don't know if it works smoothly cause as far as we knew, blockchain technology is used only for money transfers but having it used for woting system I'll be in doubts.
Anyways, it all about development and once it proven that blockchain technology will be useful into some other things then it much better.
Why having the doubts? Blockchain tech can be applied into this field and it is much more way better than on the current system as of now when it comes to voting system.
Transparency on its finest.Blockchain tech doesnt only imply nor focused on transactions alone thats why its a revolutionary thing that its being created.
full member
Activity: 602
Merit: 118
March 11, 2019, 04:51:59 PM
#93
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.

For me, blockchain's a safe, transparent, fast and efficient technology, besides that the blockchain's the technology that is the basis for creating cryptocurrency, as well as the leading prototype that will be widely adopted by banks and companies in the future. Now, maybe most countries are still shy about using it and looking at the blockchain with only one eye because their wishes will collide with their egos, especially about their strict prohibitions on bitcoin. But we know, now there are government-owned agencies engaged in correspondence such as post offices, recently making a blockchain based application that will facilitate all activities within the company.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
March 11, 2019, 04:21:42 PM
#92
Thailand has proven that blockchain technology is very useful. they use this technology for general elections.
a little more advanced than other countries. Blockchain is the technology of the future.

I saw that information too but I don't think they have actually used it but they are setting it up and would first test it in a smaller scale election like a university election or any related to that to scale it before fully introducing it. You can read more of it here; https://www.google.com/amp/s/www.ethnews.com/amp/thailand-to-introduce-blockchain-based-voting

But nevertheless, I think is decision is simply the best, election needs to be free and fair in states.
We really don't know if it works smoothly cause as far as we knew, blockchain technology is used only for money transfers but having it used for woting system I'll be in doubts.
Anyways, it all about development and once it proven that blockchain technology will be useful into some other things then it much better.
sr. member
Activity: 994
Merit: 252
March 11, 2019, 01:08:02 PM
#91
Blockchain technology has a lot of advantage so why not take it? Russia even reported that they're going to implement a sort of blockchain based voting so that's a good start isn't it?

Maybe that's one use case and then there will be others as well. Even companies now are adopting to this technology specially in the logistics sectors because of the amount of data that they need to processed and I'm sure blockchain will be a big help specially that data can't be manipulated or altered ensuring the product conforming to industry standards.
Blockchain technology if fully deployed is absolutely a way out in term of curbing election rigging, Russia had already adopted it for voting process also its very useful in chain supplies, medicine and other valuable sectors of the economy  the OP is laying more emphasis on the usefulness of this technology on mainly cryptocurrencies not mindful of the fact that this technology goes beyond using it to create shitcoins.
  Wow I was not aware of all this, indeed blockchain has become well developed and people have adopted it for multi reasons but the whole things is that it is good in all ways, blockchain saves our coin and it is reliable to use anytime anywhere, it is like filter to avoid bad and scamming projects, some companies use it for salary transformation and money sending all over the world.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
March 11, 2019, 04:33:22 AM
#90
Blockchain technology has a lot of advantage so why not take it? Russia even reported that they're going to implement a sort of blockchain based voting so that's a good start isn't it?

Maybe that's one use case and then there will be others as well. Even companies now are adopting to this technology specially in the logistics sectors because of the amount of data that they need to processed and I'm sure blockchain will be a big help specially that data can't be manipulated or altered ensuring the product conforming to industry standards.
Blockchain technology if fully deployed is absolutely a way out in term of curbing election rigging, Russia had already adopted it for voting process also its very useful in chain supplies, medicine and other valuable sectors of the economy  the OP is laying more emphasis on the usefulness of this technology on mainly cryptocurrencies not mindful of the fact that this technology goes beyond using it to create shitcoins.
full member
Activity: 966
Merit: 153
March 11, 2019, 04:09:49 AM
#89
Thailand has proven that blockchain technology is very useful. they use this technology for general elections.
a little more advanced than other countries. Blockchain is the technology of the future.

I saw that information too but I don't think they have actually used it but they are setting it up and would first test it in a smaller scale election like a university election or any related to that to scale it before fully introducing it. You can read more of it here; https://www.google.com/amp/s/www.ethnews.com/amp/thailand-to-introduce-blockchain-based-voting

But nevertheless, I think is decision is simply the best, election needs to be free and fair in states.
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