Do you believe that blockchain would empower the systems of the future? - page 3.

pushups44

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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?

Yes, blockchain technology is revolutionary as it facilitates decentralization, which is important given the trust issues of market participants. The problem that organizations have is that they want the power to control, yet also lust after the potential profits of decentralized systems. You cannot have blockchain with centralized control and power, so it will be interesting to see how this technology plays out into the future.

Supercrypt

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Blockchain has changed the world of casinos forever, they managed to make provably fair a thing and now that its a thing anyone who keeps playing on places that have no provably fair is risking their money and they know it. Which means just thanks to the system blockchain was developed for it changed a whole lot in one sector.

Banks are trying to understand how blockchain works and how they can build their own money system for transactions and make it cheaper and faster with blockchain as well which means it will be very soon when all banks use blockchain too. These are just examples, from soccer scouting to insurance there is a bunch of thing blockchain could change the whole world and they are working on it, I am sure with time blockchain can be at the center of every sector ever.

cahbagus555

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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?

Cryptocurrency market is a place to raising funds and trade coin. But for blockchain, i am believe many industry trying blockchain technology because blockchain can save a lot cost and its very eficient

niisarearning

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Quote from: martina14 on May 26, 2019, 10:30:50 AM

I will tackle something that is not related into cryptocurrency.
We are all aware of the elections in every country (most).
cheating is a big problem in this world and most cheaters are corruptors.
then if blockchain will take place the election proper then i will tell that the most honest election will occur.
This is one of the reason i like blockchain, it is recorded and can't change by anyone!

Same thought here even i am also thinking the solution for election system should come under blockchain system then no body will able to cheat . Blockchain solution not only crypto currency its beyond that . Its Decentrelised database the data registered never changes also peer to peer network will create the computers across the globe will be super computer .

Kiweikoo

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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?

They are not just hyping the technology, I don't think they have any gain doing that when this companies on their own are billion dollar companies, I believe that they are realizing that crypto is the future of finance and any company that don't have a base in the crypto space in few years to come might not be relevant in this world anymore, this is why they are trying to create a crypto base for themselves because they are scared of going into extinction like how they drove some companies.

dabenko

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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?

The process of empowerment through blockchain has started, so i am not in doubt if it will happen more.
We have seen the impact of blockchain in different continents of the world. Organizations, companies, governments now make use of this technology. Therefore, it can do more as it is being explored.

rijaljun

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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?

In my opinion, for now it is 95% hype and only 5% is real value. Blockchain real value is still in idea,a lot things to do to achieve those dreams and it's never that easy. But, it's always worth to get media attention, let media knows this decentralize world from the development phase so people are always ready to migrate from centralize to decentralize one.

rodel caling

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Yes of course i believe the capability of blockchain to empower of the future to make fast all transactions combining blockchain and digital currency, to make easier for all people helping by new technology.

therhslv

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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 believe there is quite big chance we will see blockchain integrated in alot of things . Ill give it like 60-70% that it will happen . Got alot of questions about personal data on blockchain , as it is public and there is GDPR ( General Data Protection Regulation ) . Not sure how it works , but im sure there is way around it already...

baeva2

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Of course, I believe in blockchain technology. The blockchain technology is currently used in many global companies. In the future, blockchain will change our whole life.

christian07

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Yes a lot really change because of blockchain like example we can't regulate here by government in some ways then future is already happen here in crypto like this run for so long period of time and still continue to grow,develop then more modern services

Then we all know there's a lot here that for investment and another thing this is money or all we need only is money like we buy and sell money then grow and grow again by worldwide users,traders and investors here in crypto so that's the experience if you try this

Getadaaa

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It could seem there’s just a handful of uses of the blockchain technology. But just what 90% of ICO projects makes it seem like. We’ve seen a good number of project that has distinct use in the world right now. We have bitcoin, accepted by a good number of firms as a trustless means of payment. And then we have Ethereum accepted as a trustless means of agreement. I hope we get more mind blowing use of the blockchain tech. Not just the profit, it’s going to come later.

Nadziratel

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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 has just started already. Every companies is looking for development for blockchain itself. They are trying to integrate blockchain and their system.

Blockchain is greatest techs ever. Yes, we should develop it but I am sure it will be dominant on the all sectors soon.

MostafaGamal

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Yes I have no doubts about this and blockchain already make a development to many projects and the future I think it will be more useful

irixo10

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GoMeat - Digitalizing Meat Stores - ICO

Those platforms like what they are seeing, and what are they seeing? A technology which has grown tremendously despite all that was said about it.
They are after blockchain because they have seen what the future will look like and don't want to risk it for anything. The world is innovative, so if they don't get acquainted now, those who do will beat them out of business.
Blockchain is offering that which the world really needs; that is decentralization. So yes, with time blockchain will empower all systems of the world, just a matter of patience.

rizkyhiw

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Currently there are so many who adopt Blockchain technology because it is very useful for them and the special advantages that exist on the Blockchain, it's time to rise up and spread throughout the world, very good for the progress of Blockchain itself and Cryptocurtency where more people will be known along with increasing popularity , it is not only open to talking about profit but I will only think about the progress of both, because if it is big, we will all be good in the future, whoever wants to fight.

bolshojkush

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Blockchain technology is not bloated. There is a growing interest in investing in projects, most of which are nothing, this is done to earn money on hamsters.

leonair

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Blockchain never launch an advertisement though so the people who study and eventually started using it are the ones who gave good feedback and that's the time the attention of media circulate around it. If the technology is good enough then there's no need for a paid advertisement because the word of mouth is the most powerful form of free advertisement in any aspect in our world.

Blockchain is the future and well known companies are on it.

Ghost_1957

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I believe yes but it will be very long to be applicable. Tax issues, banks and governments have to make regulations and running tests are all difficult issues.

martina14

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I will tackle something that is not related into cryptocurrency.
We are all aware of the elections in every country (most).
cheating is a big problem in this world and most cheaters are corruptors.
then if blockchain will take place the election proper then i will tell that the most honest election will occur.
This is one of the reason i like blockchain, it is recorded and can't change by anyone!

Topic: Do you believe that blockchain would empower the systems of the future? - page 3. (Read 839 times)