Topic: Future blockchain - page 12. (Read 1938 times)

Blockchain still remains the best

Hi!

The blockchain is a decentralized Technology. The blockchain gives Internet users the ability to create value and authenticates digital information.Every node act as an administrator of Blockchain. Blockchain provides Transparent and incorruptible.A self- auditing manner brings to next level of the traditional transaction.Today’s Internet has security problems. We all rely on the “username/password” system to protect our identity and assets online. Blockchain security methods use encryption technology. Public and Private “keys” used for that.

Blockchain can define as a " New Web 3.0 ". Many reasons cause for that;

Smart Contracts - Distributed ledgers enable the coding of simple contracts that will execute when specified conditions are met.

The Sharing Economy - By Enabling peer-to-peer payments, the blockchain opens the door to direct interaction between parties.

Crowd Funding - Blockchains take this interest to the next level, potentially creating crowd-sourced venture capital funds.

Governance - By making the results fully transparent and publicly accessible, distributed database technology could bring full transparency to elections or any other kind of poll taking.

Internet of Things (IoT) - Smart contracts make the automation of remote systems management possible. A combination of software, sensors, and the network facilitates an exchange of data between objects and mechanisms. The result increases system efficiency and improves cost monitoring.

Also Supply chain auditing, Prediction markets, Identity management, Stock trading, AML and KYC, Data Management and many more.Many Project start base on those applications.
Hence, Blockchain technology will become more applicable in future applications. Developing/poor Countries can use this technology for their administrative activities and their economic.That will help to increase efficiency of work and lead to development.However, Future will positive for this technology.

Thank for Attention
Have a Nice day!

Currently, blockchain in the media is all about Bitcoin, Ethereum, litecoin’s massive rise or dips due to news that governments are looking to ban it, and most people are getting on the train for financial reasons. The cryptocurrency market is now large enough to support hundreds of multi-million dollar projects.

Blockchain lately is often the talk of many people. Blockchain is an emerging technology today. The advantage of this technology is its efficiency especially in transactions.

Every advancement is good for the human development. We people are on the constant search to better our society and make our life much easier and better to live in.

Personally blockchain technology nowadays is very useful and provides anonimity for people and with this there is so much freedom in the electronic currency world. This has both negative and positive implications. In time I hope that in the constsnd search for a better system we can finally derived a safier and generally acceptable to all system where every bounderies are meet.

Each user can install a special software, which can take the computing power of the computer to maintain the international network of blockbodies, generating in exchange a little crypto currency. At the dawn of the era, the bitcoins were produced by bundles, but the more they become, the slower they are produced (more precisely, they are calculated). Technologically, the maximum number of available digital coins is 21 million, today they are "extracted" already 12.5 million, but even this bar is already too large for home computers. Generation bitcoins burns the video card for several months, not bringing to the average user and a tenth of its price. To effectively generate blocks, you need professional "farms" worth hundreds of thousands of dollars, the rest will have to buy crypto currency for the local CB's money.
Four years ago, bitcoin became a pioneer of the detachment, whose example was followed by dozens, and then thousands more. The technology was so accessible that it was possible to create your own currency for just a few dollars, which you had to pay for purchasing licensed software. The problem for most of the blockrooms established since that time was the lack of demand. New crypto-currencies were simply useless to nobody.

Massive adoption of blockchain is starting to be seen and comparing the apps to dapps, still many prefer to stay to the usual apps.

Modern and upgraded technology that can help the companies to keep on track with their records.

blockchain will be one of the best technologies in the future. now this blockhain can change the world and become a great digital technology to serve as a change of economy. many people are doubting blockchain because it is now unrecognized and perhaps in some future time blockhain will become one of the important systems in many countries.

No doubt that Blockchain technology will become a data warehouse, used by almost all institutions. It will reduce the cost of many conventional services and increase the speed of transactions. Will government, financial and legal institutions recognize Blockchain technology? A better question would be - what happens to those who do not recognize?

Block chain technology essence is in the case of asymmetric information, without guarantee of trust each other or a third party (the so-called "center"), based on the Internet big data encryption algorithm of node, generally through the node trust mechanism is established, all institutions and individuals involved in creating trust mechanism can be used as a node. Construct the optimal equilibrium state of fairness and efficiency.

The future of blockchain is getting more popularity. Because lots of ICO projects are launching every day. And people are investing their money there. I am also looking for a good ICO project where I can invest and earn. SciDex looks promising results-oriented oriented project. Does anyone try this one yet?

Blockchain technology is modern technology for the present with a decentralized system and I'm sure the future bitcoin will always advance along with the future and that's what most people need.

I'm actually looking forward to implementing blockchain into the government sector. It can help us to provide transparent and fair elections, for example. Of course, no need to say that it also can be helpful in fighting with corruption and red tape.

Every day I see so many projects that try to use blockchain not because it really can improve their industry, but simply because they think it will help them attract more investors if they use this magical word "blockchain" in their technical whitepaper. And here is the public sector which really needs some improvements to achive transparency and fight bureaucracy! So why do I see no projects for public sector in ANN board here?

blockchain is an innovation for the future. Simply put, through blockchain does not take time when doing a transaction. Because, in the transaction there is usually a third party that bridges the process. For example a bank or Paypal. What's more, this blockchain is the technology behind Bitcoin

it is interesting. I don't really understand about the graphic, but I know what you mean. Blockchain is now a leading technology, by its developments, it can be meant that blockchain will lead all coding system in world of cyber. the conclusion is that bitcoin is safe. 

The  future blockchain technology will be base on the internet in at that it will be basically base on the internet even if any other technology will operate it will be base on the internet because the internet is the host of all other 21 century technology be it blockchain or any other platform so the future is the internet.

The disruption of some blockchain projects is really interesting but we are
really only starting with blockchains. There is going to be a massive upturn
in the technology with some current projects progressing and others being
replaced by newer and faster developing ones.

I don't see any replacing application for google search here!
I think that is very important to get rid off google search!

How do you mean you "don't think there is a good future for cryptocurrency markets" . Are you not contradicting yourself when you also said, "blockchain will change our daily lives".

The market is not a hype ok... It has existed for some years now and many exchanges are opening up.

You just go and identify a good coin.

This infographic looks interesting. Where is it from? And how accurate and comprehensive is it - or is it just examples of like-for-like apps? Anyway, if you are writing an article on the future of blockchain you could browse the threads on the forum as well as look at other blogs. Medium and Steemit are probably the most clued up. A lot of crypto industry people use those two to give their thoughts and opinions.

My opinion is that blockchain is here to stay, grow and expand exponentially. Companies all over the world are now either using or beginning to think about using blockchain in their activities. It's all in the news media daily.