Topic: Is blockchain a perfect solution? - page 11. (Read 2191 times)
I think blockchain is great revolutionary system it offers a new way of verification, and up until now it had proven that its an effective solution to settle some problem, but blockchain still a nrw technology sooner or later therr will be some party find its weakness, so blockchain need to constantly evolving to stay on track to become solution for all problems
Blockchain is definitely here to stay. God knows if we're going to be using bitcoin, eth or some other digital asset to store value in the future. But Blockchain is definitely the new internet. I mean, come on, it has potential to change industries all the way from agriculture to aviation!!! https://cryptotradernews.com/technology/14-tech-innovations-that-could-revolutionize-the-blockchain-industry/
No it's not perfect, but it's better than the system we have currently, and quite sure there will be a better solution than Blockchain in future.
The use of cryptocurrency as a means of payment and blockchein technology can hardly be called an ideal solution. Along with a number of advantages, cryptocurrency also has many disadvantages. Now the cryptocurrency is only developing and it is possible that many of them will be eliminated in the future. One of the advantages and disadvantages of a cryptocurrency is its high price volatility, which, at the same time, comes from the principle of decentralization of cryptocurrency. However, because of this, it is very difficult to use as a means of payment by business structures. Nobody knows how this contradiction will be resolved. 
Nothing is perfect, everything has the good and the bad sides, so does blockchain too. But blockchain is definetely the best technology that we are having at the moment amd could be implemented for different purposes. It's much more secure and reliable and what is the most important it enables secure data that you can't change or interveene in any way. That is the huge potential for privacy protection and it should be used in best way.
Blockchain system exist to combat greed and middlemen and to give individuals ultimate control of their identity and activity. In a blockchain future, we will see a world where our medical records are immediately available if we are in an accident; where online voting was possible; and where transparency was paramount and greed is disincentivized.
It will only happen when the government decide to use blockchain technology, otherwise we will not see something new in this world. All institutional that works under the regulation of the government cant do something which is not proposed by the government (at least in my country).
I do not feel secured putting such credentials online. Stay with the traditional and most secured way in protecting your password, keep it offline.
You are missing the point. It is not easy to keep track of passwords and other private stuff offline which is why storing everything online is a boon in this aspect, but security is the top priority here.The blockchain combined with individual security measures is one of the best way to store our private information online in my opinion.
There is no such a perfection, there is always better.thats why tech is getting better everyday, new solutions and new techs.blockchain can be the best tool to reach better.
We live in a world where our online IDs are in the hands of the government and banks, and we rely on them to keep it secure. Blockchain IDs on the other hand, put you and you only in control. Therefore, you can store all your passwords and any other personal information on the blockchain, eliminating the need of passwords in everything.
that is not how blockchain or banks or government work! none of them have anything to do with "passwords and personal information"! banks hold and control your money, and governments snoops around in your personal affairs. and blockchain is just a public ledger that holds transaction history protected by cryptography. it is not supposed to hold your passwords or personal information.Quote
In a blockchain future, we will see a world where our medical records are immediately available if we are in an accident; where online voting was possible; and where transparency was paramount and greed is disincentivized.
it is apparent that you are hyped up about something you don't understand. blockchain is not even good for those things such as medical records,... it is not efficient and there are a lot of other better ways.
As in the above quote at present blockchain technology is the only platform that has got the potential to make things move flawless and in an efficient manner. Maybe something highly advanced than this could emerge in the future. If it isn't that effective we could've never attained such a big growth in the blockchain technology, by now almost each and every firm have begun to adopt the blockchain technology into their businesses.
Not perfect but for now blockchain is the only solution, and Blockchain is the technology which makes Bitcoin secure.
What you are proposing are available now,you can find more secure services where youll be needing yourself or some parts of your body as a password like fingerprint,facerecogniton this is secured rather than you keeping the password all your secrets save on services that uses this kind of verification is secured
No it's not perfect, but it's better than the system we have currently, and quite sure there will be a better solution than Blockchain in future.
Agree, there's no perfect systen. It's just that blockchain technology beats the traditional way on how we secure information without putting it in the hands of middle-man.
Quote
I believe having one's password stored offline is most safer and secured, anyone can be careless online and can be spied upon.
I do not feel secured putting such credentials online. Stay with the traditional and most secured way in protecting your password, keep it offline.
We live in a world where our online IDs are in the hands of the government and banks, and we rely on them to keep it secure. Blockchain IDs on the other hand, put you and you only in control. Therefore, you can store all your passwords and any other personal information on the blockchain, eliminating the need of passwords in everything. In the future, these ID services could be applied to government services, medicines and any other record keeping agency. Blockchain system exist to combat greed and middlemen and to give individuals ultimate control of their identity and activity. In a blockchain future, we will see a world where our medical records are immediately available if we are in an accident; where online voting was possible; and where transparency was paramount and greed is disincentivized.
Human history is always riddled with insatiable greed and selfishness resulting into conflicts and problems which ordinary people like you and me can experience. This was true before and sadly this is even truer these days. Good thing that this weakness of human nature is partly addressed by the blockchain technology but then again just like any man-made invention nothing is really perfect here. We have the capacity to make things complicated and hopefully blockchain can sort things out. In my own opinion, the blockchain technology can be a big leap for humanity but still this is not the cure-all for all the ailments humanity can be into.
Your listed points are the ultimate goals of the blockchain. nevertheless, I believe having one's password stored offline is most safer and secured, anyone can be careless online and can be spied upon. The use of middleman in handling records can be very expensive and even may lead to breach of trust.
We live in a world where our online IDs are in the hands of the government and banks, and we rely on them to keep it secure. Blockchain IDs on the other hand, put you and you only in control. Therefore, you can store all your passwords and any other personal information on the blockchain, eliminating the need of passwords in everything.
that is not how blockchain or banks or government work! none of them have anything to do with "passwords and personal information"! banks hold and control your money, and governments snoops around in your personal affairs. and blockchain is just a public ledger that holds transaction history protected by cryptography. it is not supposed to hold your passwords or personal information.Quote
In a blockchain future, we will see a world where our medical records are immediately available if we are in an accident; where online voting was possible; and where transparency was paramount and greed is disincentivized.
it is apparent that you are hyped up about something you don't understand. blockchain is not even good for those things such as medical records,... it is not efficient and there are a lot of other better ways. 
No it's not perfect, but it's better than the system we have currently, and quite sure there will be a better solution than Blockchain in future.
Yeah I think these all are possible. I think all of the solutions are already available now, like the swarm technology together with the blockchain. The only thing to do is to combine them all and let the government and people embrace it.
But ofcourse government can only be the starting point but we as crypronians and blockchain supporters will be the responsible on how the world population.will.embrace this,as.we need to advertise more and popularization to be the best adapting method.but this is a great idea for blockchain innovative procedures
Yeah I think these all are possible. I think all of the solutions are already available now, like the swarm technology together with the blockchain. The only thing to do is to combine them all and let the government and people embrace it.
We live in a world where our online IDs are in the hands of the government and banks, and we rely on them to keep it secure. Blockchain IDs on the other hand, put you and you only in control. Therefore, you can store all your passwords and any other personal information on the blockchain, eliminating the need of passwords in everything. In the future, these ID services could be applied to government services, medicines and any other record keeping agency.
Blockchain system exist to combat greed and middlemen and to give individuals ultimate control of their identity and activity. In a blockchain future, we will see a world where our medical records are immediately available if we are in an accident; where online voting was possible; and where transparency was paramount and greed is disincentivized.
Blockchain system exist to combat greed and middlemen and to give individuals ultimate control of their identity and activity. In a blockchain future, we will see a world where our medical records are immediately available if we are in an accident; where online voting was possible; and where transparency was paramount and greed is disincentivized.
I don`t know about the password thing, unless you yourself become the password, via dna(spit,blood),fingerprint and or picture/video.
Yes Blockchain is the tool needed to do this, check out my last post. I show how it can be done, Without the government.
We live in a world where our online IDs are in the hands of the government and banks, and we rely on them to keep it secure. Blockchain IDs on the other hand, put you and you only in control. Therefore, you can store all your passwords and any other personal information on the blockchain, eliminating the need of passwords in everything. In the future, these ID services could be applied to government services, medicines and any other record keeping agency.
Blockchain system exist to combat greed and middlemen and to give individuals ultimate control of their identity and activity. In a blockchain future, we will see a world where our medical records are immediately available if we are in an accident; where online voting was possible; and where transparency was paramount and greed is disincentivized.
Blockchain system exist to combat greed and middlemen and to give individuals ultimate control of their identity and activity. In a blockchain future, we will see a world where our medical records are immediately available if we are in an accident; where online voting was possible; and where transparency was paramount and greed is disincentivized.
Jump to: