Do you believe that blockchain would empower the systems of the future?

yulionoo

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Quote from: abbccoin on May 26, 2019, 08:32:23 AM

We have been seeing news about major industry players dabbling into blockchain technology since Bitcoin rose into popularity. Are they merely hyping the technology, or is it really worth all the media attention that it gets?

I think because they really like technology and blockchain technology does have many advantages and can also be applied in industry, companies and governments. blockchain technology is very revolutionary by using blockchain all transactions will be more transparent, safe, fast and also cheaper. so it is not surprising that if the number of companies applying blockchain technology will increase.

tinyteapot

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Blockchain worth all the hypes giving to it my the media.
This technology have created simple but more effective financial transactions mechanism by beaten the natural banking technology in so many ways, the speed of transaction is 100x faster than natural bank and the fees are cheaper also.

Blockchain would empower the future technologies unless overtaken by something better.

Aabcde

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As we see now, with blockchain you can send money quickly without any obstacles even though you are in a different country, yes of course without a third party. In addition, the transaction that is processed can be seen by everyone, this is very useful so there are no lies. If the blockchain is used in government, starting from the election of the president, the financial system, I think this will lead to a country that is very transparent to its people.
Yes, of course, there will definitely be someone who uses blockchain in other aspects someday.

studio1one

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BintexFutures

Yes, I am confident that blockchain would be a new normal in our near future because as we can see slowly many big companies are stepping into the blockchain universe.

DeathProxy

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With no single atom of doubt, blockchain is the technology for the future. It will go a long way to revolutionize many systems thus empowering them. Many big industry players understand this already and they are working to see that they are among the early adopters of blockchain technology. The only restrictions and obstacle Blockchain technology is facing right now is from the government, once the government sees the wealth of opportunity that abounds in blockchain they will move for its adoption.and that will make blockchain go mainstream

Duzter

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Large Networks and corporate firms won't easily get into the usage or implementation of a new technology without proper research and study about the innovation. After finding it more efficient than the present technology, they'll move to the new platform. One example that shows how good technology, this was said by Peter Thiel. Mentioned if he has known about blockchain earlier he could've used it on PayPal.

erickastella

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in my opinion, the big companies participating in the blockchain world are new breakthroughs for the surrounding community that their company will not remain silent. therefore Samsung's corporate class also participates in the world of crypto in order to provide the latest investment for those who want to get started as well.

Novatech8

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Blockchain technology is capable to be the next tech of the future but still have a long way to go, just like how the internet started its life cycle till date, its all about gradual processes and of course there will be many failed experiments yet blockchain tech is like nothing i have ever seen

JeffBrad12

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If it is just a hyped technology I'm pretty sure that none of countries or company would take this blockchain system and intregate it into their ecosystem. This blockchain technology actually have so much benefits in different fields and not just cryptocurrency. TBH, Cryptocurrency is actually just a tip of an iceberg to what the blockchain system could do. I've seen article discussing about this in the past and blockchain could be used in the field of medical, remmitances, governance and many more. It's not just a hyped technology but it's a really beneficial technology. In the future we'll see blockchain technology being implemented into many things and we will decide whether it's only a hyped technology or not.

Kemarit

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Quote from: abbccoin on May 26, 2019, 08:32:23 AM

We have been seeing news about major industry players dabbling into blockchain technology since Bitcoin rose into popularity. Are they merely hyping the technology, or is it really worth all the media attention that it gets?

I don't think that they are hyping the technology, I mean it could really change the landscape of every industry of today, lots of them, pharmaceuticals, logistics and supply chain, private and public industries are at awe at what can it can bring to the table. Everything that plays data every day and make decisions based on it will have to used blockchain technology to harness it's power. Even countries like China and the US, two countries who are at the forefront and fighting it out as to who will have more patents files based on blockchain.

takngantuk

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Quote from: abbccoin on May 26, 2019, 08:32:23 AM

We have been seeing news about major industry players dabbling into blockchain technology since Bitcoin rose into popularity. Are they merely hyping the technology, or is it really worth all the media attention that it gets?

it certainly deserves attention. blockchain technology like the internet when it was first introduced. many think it's not very useful, but in the end it becomes irreplaceable. and I think in the future everything will be decentralized, because the blockchain has changed everyone's mind.

Kotone

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Could be. Many countries are resorting already to use also blockchain tech. Check out the encouragement of China to seize the opportunity for blockchain anf cryptocurrency. We all knew how China is good when it comes to business right? Imagine suggesting that cryptocurrency is a huge opportunity is already a hint that this business will bloom overtime so yes, it will empower system in the coming years.

huu78

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Not just the media but the state should be worth paying attention to this an innovation. As well China advanced technology, its extraordinary technologies began to adopt the blockchain in the government.
And recently they launched a coin of their country that was too in a hurry but became much of the attention of others. Would other countries follow suit? Clay alone there must be an interesting surprise in the future.

coin-investor

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Quote from: abbccoin on May 26, 2019, 08:32:23 AM

We have been seeing news about major industry players dabbling into blockchain technology since Bitcoin rose into popularity. Are they merely hyping the technology, or is it really worth all the media attention that it gets?

There is no hype on this technology, if it is hype it will be exposed and companies will not praised it or even it integrates it in their system, can you imagine even the biggest company here on the internet and one of the powerful countries in the world looking, praising and using it to enhance their power in the e-commerce because it is proven to work

Pinkris128

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Quote from: abbccoin on May 26, 2019, 08:32:23 AM

We have been seeing news about major industry players dabbling into blockchain technology since Bitcoin rose into popularity. Are they merely hyping the technology, or is it really worth all the media attention that it gets?

Block chain technology must not be limited to the use of financial transactions. Using block chain, enables a system to be free, dynamic and secured. Adopting the technology to an operation is not an easy process and will take years if study and experimentation. It's not an overnight process but it will be all worth it.

zhengqi

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I believe they really believe in blockchain technology. Otherwise, it would be impossible to keep the market on empty words for so long. Blockchain has a future and it will develop.

Patrix_1

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Blockchain technology has potential to launch another revolution and bring a lot of benefits to a bunch of industries like finance, medicine, real estate, gambling and much more. But the problem is that the mass adoption is not increasing.

target

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Quote from: Elmichaels on October 29, 2019, 12:33:14 PM

In crypto currency i believe hype is neccsary and vital; it keeps people anxious about your project and also helps the price.

But hype does nothing if all you have is a bad project.

Blockchain Technology isn't hyped though, imagine storing a data into a transaction that can't be edited after being recorded. That's a very strong technology if applied to anything from product records in the manufacturing company and stores as well. Given this example it can also be used in government systems like election system using blockchain. Blockchain isn't just about cryptopcurrency.

Mianae

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Yes I believe in the future of blockchain technology. Not only has it shown how everything can be integrated, it has enhanced li es financially. Blockchain in the future will connect the world in a way that hasn't been done before. Blockchain technology will enhance the world system and bring about world peace through interconnectedness.

Elmichaels

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In crypto currency i believe hype is neccsary and vital; it keeps people anxious about your project and also helps the price.

But hype does nothing if all you have is a bad project.

Topic: Do you believe that blockchain would empower the systems of the future? (Read 839 times)