Topic: Does the blockchain ultimately have more potential? - page 2. (Read 1467 times)
Potential to do what? Any given blockchain has only as much potential as its intended use, software code and userbase permits. It's like asking if a database has more potential. Some blockchains will be inherently more secure than others. Some will be private and centrally maintained, while others will be open and public. Blockchains can be used in any number of different ways, all with varying potential. People are already working on variations of the blockchain, like tangles, but again, the ultimate potential will depend on the users, the code and what purpose it is designed for.
The Blockchain can be used for many things other than the token for a currency, and one of those are Smart contracts. You can also use the Blockchain to register votes in a election and to monitor and
control the fairness. {In process} ... Some people have also digitized land deeds for archival purposes. So yes, it has a lot more potential and even banks are trying to steal the concept to improve on
their own outdated legacy FinTech systems. The future looks much brighter with these other uses than just for the currency token.
control the fairness. {In process} ... Some people have also digitized land deeds for archival purposes. So yes, it has a lot more potential and even banks are trying to steal the concept to improve on
their own outdated legacy FinTech systems. The future looks much brighter with these other uses than just for the currency token.
just see few countries now developing blockchain technology for their own digital currencies,that's mean they already find out the potential,maybe blockchain will be primary system in digital currency in the future, both digital currency and physical could be used together by its function
that would be great
that would be great
Does the blockchain ultimately have more potential? 
Yes you are correct actually blockchain tech have lot more potentiality than only bitcoin or any coin based on blockchain. Bitcoin have also potentiality in terms of global payment method where as blockchain tech could be implemented in different real life application specially in book keeping. So obviously blockchain have lot more space to grow and can be used in different field. 
The blockchain has near infinite potential/applications beyond Bitcoin, if banks are trying to get in on it, it's safe to say that it's very solid tech. Also, Satoshi was nominated for a Nobel Prize for his work on Bitcoin and usually they only award these for truly game-changing achievements. (In the end, they decided Satoshi was not eligible since his identity is not known.)
Dint know about that Nobel for satoshi. That's shame that he missed it, just because he was anonymous. They should have given that price anyway, putting money aside the prestige would do a lot of good for adoption and media reception. Op may want to check some examples of non-bitcoin applications : http://www.edelman.com/post/blockchain-technology/ There is much, much more.
The blockchain has near infinite potential/applications beyond Bitcoin, if banks are trying to get in on it, it's safe to say that it's very solid tech. Also, Satoshi was nominated for a Nobel Prize for his work on Bitcoin and usually they only award these for truly game-changing achievements. (In the end, they decided Satoshi was not eligible since his identity is not known.)
Does the blockchain ultimately have more potential?
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