Topic: Future of Blockchain? - page 15. (Read 3630 times)

True. The blockchain technology is actually the greatest strength of bitcoin. Beyond this lies infinite opportunities on the application of block chain. But Here are some things you should know about block c

1. Bitcoin can be said to have pioneered blockchain and has been growing by over 100% every year since its debut as a money exchange system in 2010.

2. 50% of the total world population uses the internet but only 0.5% of the entire human population uses blockchain technology.

3. Blockchain is still in its inception years, like where the web was two decades ago.

4. Blockchains can be private or public (like internet versus intranet.)

5. By 2024, the global market for blockchain is projected to be worth around $20 billion.

6. The transparency nature of blockchains is a major selling point for the technology, given that anyone with a blockchain access can view the chain in its entirety.

7. You can think of the blockchain as a Google document which has been shared with other users, and every change made to the document can be seen by everyone with access to the doc in real time. The ledger is always being updated and every participant has his own ledger copy.

8. 90% of people who know how blockchain works and how to use blockchain are in agreement that it definitely will disrupt the workings of the financial and banking industry. According to available estimates, banks could potentially save as much as $12 billion every year by introducing blockchain technology to their operations.

9.Big multinationals are investing heavily into Blockchain technology, with the average investment in projects related to the technology standing at $1 million. IBM alone has employed around 1000 employees to work on blockchain related projects and dedicated $200 million to those endeavors.

10. With the rise of blockchain, some jobs that are today coveted will become obsolete. All the same, the tech will create new careers and job opportunities that don’t exist today.

You can read more about block chain at https://cryptoncy.net/buzz/6-blockchain-explained-a-thorough-introduction.html?gclid=EAIaIQobChMI4sfkvfq82QIViQYqCh1lrwIsEAAYAiAAEgJw1_D_BwE

n this digital age, we see a great need for decentralized data processing to improve data efficiency and transparency.

To respond to these needs, several institutions have been adoption blockchain to help companies in the banking sector by building blockchain infrastructure.

therefore, blockchain will be the technology of the future.

i see blockhcain everwhere from Notarius to elections i think many of us even dont imagine where can it be used it will give us more democracy everywhere.

Hopefully, the future of blockchain will emerged more by the upgrading of technology and by that time five to ten years from now, more and more establishments will recognize the bitcoin such as the banks, they will know how safe and secure using blockchain.

I agree with your opinion!
Blockchain is a technology of the future that can improve the old banking system. This technology is obviously very necessary considering, many digital coins that appear now in the market. I think the next few years will be more developed and Blockchain is a technology that can control it.

They are, and they will give us a lot of positive projects in a near future. Imagine how amazing could be VISA + blockchain.. Just imagine that.

I am a true believer of everything that concerns about blockchain and cryptos, but yes, even banks using blockchains could be very, very useful to all of us.

For me, the current interesting technology is blockchain. Many have drawn attention from world economic leaders. The new faster blockchain will lead the future of FinTech worldwide. The government will also use the blockchain to issue their own emergency crypto, and supported by the government and resources they have. This can really change the existing world economic and financial industries.

in the future in my openion blockchain technology will take over all around the world someday  and the mode of payment someday will be blockchain i dont think if biitcoin any other coins will be a mode of payment someday.

blockchain will be the best among all the best for me, is see blockchain in the 8-10 years maybe it is already exist all over the world as use it as a global payment. all fiats will shoulder blockchain to make it more famous and easy to cashin cashout,

Blockchain technology is now both flourishing and evolving into more sophisticated and faster functional versions. Bitcoin was obviously the start of the whole process but the idea for blockchain usage has now spread across a vast number of different industries as a way to keep accurate and reliable data tracking. I think blockchain and its future generations will be around for years to come.

Governments and big banks including visa is already researching on implementation of blockchain technology in their existing system to make them more secure and reliable

block chains future has a tremendous potential, actually it can even be implemented not just in the crypto market but could be use to different industries. block chain has started a very life changing beginning for the tech world.

Blockchain has a considerable measure of utilization not simply utilized as a monetary stockpiling India has recognized Blockchain is a propelled innovation to be utilized as a quick interior exchange. I figure Blockchain will be further developed and speedier to be acknowledged in numerous nations around the globe since it's a propelled innovation for what's to come.

yes for the blockbuster a great future, as these are completely new technologies that ensure the safety and optimization of business! What so many businessmen do not have enough!

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It’s the future. It will eventually prevail because it is inherently a better way of doing money—of exchanging value.

Blockchain is not the future because it's already the present and when I say this is not because I want to sell something, I say because is the truth.

if I think blockchain in the future will be useful for the community because this technology is in need by the people and I am sure in the year 2020 will be the year that all companies will use blockchain applications because it is safe to transact in the future

The blockchain technology will be bigger than the Bitcoin itself.

bolckchain is a very high security system, because blockchain not only rely on one network but all computer systems.
this system always checks repeated the data stored in each computer network.
Until now there has never been Blockchain bitcoin hacked. some incidents that exist, is the hacking of individual bitcoin owners, not against blockchain