Topic: Has Blockchain Technology revolution is successful or not? (Read 442 times)
of course if you see the development of bitcoin itself is much felt by the users, although it still does not function optimally as a means of payment. and all that takes time and a process that is not fast. but other than that bitcoin has become a promising investment tool for the community in the long run
Since the introduction of the cryptocurrency (Bitcoin and Alts) and its revolutionary Technology called Blockchain, way back the year 2008 until now, what was the development they are contributed to our society and how the blockchain technology helping our current industries and services? is the Blockchain Technology revolution is successful or not? Is there any alternative drop in your opinion below!
I wouldn't say the revolution is fully achieved but we or rather blockchain technology is halfway there. Halfway there, in the sense that, payments can now be made as fast as possible without any third-party or unreasonable charges. Most platforms are now adopting cryptocurrencies payment options into their services to accommodate more users and many more. On the other hand, there is need for more improvement starting with the fact crypto is yet to go massive, that is, being massively adopted into many platforms; a clear case scenario is the nature of the world today where most people sold to fiat because there are limited platforms accepting crypto.
However, on a greater note, blockchain technology have come a long way with good success stories but yet there is room for more improvements.
Blockchain technology revolution has been successfully for people around the globe have easily adapt into this latest trend in lined with the modern technology providing benefits for everyone who have been using it for quite some time now. Blockchain technology have provided decentralization which is good for the users to let them on their own manage their own assets in a fastest way possible because blockchain technology is already accessible using any types of gadgets having the source of internet connection. Greater solutions and ideas to resolve such existing problems surrounding us have been made possible by blockchain technology which creates products that can help resolve those problems. Blockchain technology have made impossible things possible, making fastest transactions and other related stuffs. The continuous advancement of modernized technology make its way for blockchain technology to become more successful leading it to revolutionary state that many people are massively adapting the usage of it.
It's ongoing its revolutionary process is great for the world now.
Whether or not success depends on the definition of success, If only considering Blockchain is a new technology applied in practice, I think it has achieved success. But compared to technologies that have completely changed people's lives like the Internet, Blockchain has not yet succeeded.
Though I wouldn't say that Blockchain technology has not been successful taking a look from the adoption of the said technology in many industries. Don't forget that, many companies have adopted the use of Blockchain technology for their operations and others have also get involve. To me, success can be define as the acceptance of a product or commodity over 50%, so, going by this definition Blockchain technology has been experiencing success and will continue.
The recent pandemic that's ravaging the entire world made WHO to get involve in Blockchain technology, what about IBM among others who have now been using Blockchain technology.
We cannot expect blockchain to have a big impact during its early years. Companies and governments are harder to crack. Many of these blockchains need to be proven safe and reliable. And we do know that decentralization is not something that governments are fond of.
The blockchain revolution is already starting to have better impact lately though as internet continues to play major role in our daily lives.
The blockchain revolution is already starting to have better impact lately though as internet continues to play major role in our daily lives.
I know that now blockchain is being actively introduced into government structures to optimize production and interaction!
Today, blockchain technology is the most active blockchain at the enterprise. A growing amount of solutions and businesses are adopting this technology. So yes, Blockchain Technology revolution is successful. When we look into the future, blockchains will become the technology that helps us develop new products and create a common understanding between people, companies,...
Blockchain technologies are already used in almost all areas and bring new opportunities and discoveries to these areas, and even now blockchain technologies are used against the fight against the corona virus, and therefore we can already say that blockchain technologies are very successful and will be constantly in demand.
It's us who can tell if its successful or not, in just simple look at the market now, we can already tell that we are a growing industry. Bitcoin from nothing to something and altcoins populated the market to make it even bigger, we are still in the early stage, people are adopting and that will continue until we achieve a massive adoption.
Blockchain technologies are already used in almost all areas and bring new opportunities and discoveries to these areas, and even now blockchain technologies are used against the fight against the corona virus, and therefore we can already say that blockchain technologies are very successful and will be constantly in demand.
Blockchain revolution is an ongoing task, it has been successfull so far given that today we have various blockchain projects which are enhancing payments, privacy, especially DAO. Today through blockchain technology people have discovered a new form of money cryptocurrency.
Since the introduction of the cryptocurrency (Bitcoin and Alts) and its revolutionary Technology called Blockchain, way back the year 2008 until now, what was the development they are contributed to our society and how the blockchain technology helping our current industries and services? is the Blockchain Technology revolution is successful or not? Is there any alternative drop in your opinion below!
we have already ATMs that can be use to get cryptocurrency meaning Banks are truly adopting to blockchain technology and this is one of the greatest innovation Blockchain is Giving to the society.second is financial freedom,Now people can have their investments in own hands not having third party to interfere or take advantage of our money.
After 10 years blockchain technology is more adopted than internet when internet was 10 years old. So yes, we can say that it is successful and with upcoming economic crysis it could adopt much more quickly. 
Great example here mate,yeah BlockChain is more revolutionized compared to what internet has way back from the first creation so yeah we are much faster in development . 
After 10 years blockchain technology is more adopted than internet when internet was 10 years old. So yes, we can say that it is successful and with upcoming economic crysis it could adopt much more quickly.
I believe that a revolution has nevertheless occurred, namely the revolution and evolution of money.
For the first time in our lives, we can use money that really belongs to us, which is difficult or impossible to track, the sending of which cannot be canceled or changed.
I think already only these properties will be enough to say that the properties of cryptocurrency technology are revolutionary
For the first time in our lives, we can use money that really belongs to us, which is difficult or impossible to track, the sending of which cannot be canceled or changed.
I think already only these properties will be enough to say that the properties of cryptocurrency technology are revolutionary
Since the introduction of the cryptocurrency (Bitcoin and Alts) and its revolutionary Technology called Blockchain, way back the year 2008 until now, what was the development they are contributed to our society and how the blockchain technology helping our current industries and services? is the Blockchain Technology revolution is successful or not? Is there any alternative drop in your opinion below!
This is actually contradictory, but if we look at it from the revolutionary side, the blockchain is an extraordinary development in financial technology that offers effectiveness and transparency in every activity. On the other hand, this threatens the industry of third-party service providers or existing conventional systems, so this makes the blockchain quite controversial. So, in my opinion, there are always pros and cons, some are successful and some are not successful, there are many conveniences offered by the blockchain, and there are disadvantages for example not all aspects can be solved by blockchain and procurement which are quite expensive and complicated. Since the introduction of the cryptocurrency (Bitcoin and Alts) and its revolutionary Technology called Blockchain, way back the year 2008 until now, what was the development they are contributed to our society and how the blockchain technology helping our current industries and services? is the Blockchain Technology revolution is successful or not? Is there any alternative drop in your opinion below!
When other's way you have to cost huge money with third person, blockchain technology is helping you to make transaction low cost without third person. Your privacy always is always protect in blockchain technology. For payment methods blockchain technology is more useful to us. Thanks to blockchain technology to give us our privacy.
blockchain technology has seen a trivial boost in popularity all over the recent year and saw billions in funding for initial coin offerings(ICO) im very much proudly with the brilliant idea regarding increasingly sale and the tech establishment members had determined on an idea and now were brainstorming on how to added that idea and guide it to fruition in the real world.
Since the introduction of the cryptocurrency (Bitcoin and Alts) and its revolutionary Technology called Blockchain, way back the year 2008 until now, what was the development they are contributed to our society and how the blockchain technology helping our current industries and services? is the Blockchain Technology revolution is successful or not? Is there any alternative drop in your opinion below!
In my opinion, it still takes a long time for existing businesses to adapt and use blockchain technology. For business, I think Ethereum or similar projects can be a bridge for companies to achieve goals in streamlining costs.
If you say is succesfull or not i think its success but not yet successfull, its needed more adoption in real case and real use, this revolution on financial technology need more time and effort not only hype and bubble on cryptocurrency.
You're correct, the reasons why global adoption has not taken place is the fear of hype and bubbles which has been in display on the side of cryptocurrency. This has scared many other potentials projects from integrating their projects into the technology, although many are yet to accept the facts that this technology is transparency driving and can give more accurate profile to its bearers. In my judgement, this technology is a success in transit, let's wait for global explosion.
The evidence is very much clear from the side of improvement on the side of some government who has imbibed the technology in building their country personal data. Some have integrated this technology into their company reputation and has been transparent that before, contesy with the help of Blockchain.
Many other companies have also initiated a move to integrate into the company profile Blockchain technology because they have seen many positive results derived from it usage.
Many other companies have also initiated a move to integrate into the company profile Blockchain technology because they have seen many positive results derived from it usage.
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