Topic: Is blockchain a perfect solution? - page 9. (Read 2191 times)
I think blockchain is a prefect solution and i think will be used in a lot of domains, and i think is the best solution than what is used today, i hope also governments will start to use it on future.
Blockchain is changing everything. Even governments are interested in its applications. Data can not be forged which is most important factor for its popularity
Yes solutions based on blockchain guarantee the confidence of the parties: its members can not make changes to the base and can not violate the conditional protocol. It is believed that this provides a very high level of trust in the contract.
I think that blockchain is very flexible technology with a great potential. But how it will be used depends on companies which will decide to try it. Let's hope it will bring some good changes in our world.
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.
That's true, we rely on the bank and governments to secure our ID's but I don't understand the password thing you are saying. I think it can be possible, that our medical records will also easy to access the results and all our records online, online voting is also easy and convinient but hopefully, there's no cheating happens when voting online can be possible. 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.
The birth of Blockchain is a testament to the development of the scientific and technological revolution where the applications in the present life are used a lot. Such as education, information technology, finance, human resource management. It reduces labor and costs for us and the future I believe is even more diverse and better than the present.
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.
The part in which blockchain solves the middle man issue is absolutely true, it is a technology which is less than ten years old and we need more development and research to reach a level of technology where it is used extensively in every aspect of life, major companies are researching and investing their time to explore its possibilities and we might see blockchain as an integral part of life in the future for transparent and secure storage . 
I do not think blockchain is a perfect solution it still needs a lot of improvement or maybe people just need another version of the blockchain. as we can see there are many different projects which emerged from this new technology such as smart contracts and whole new systems but everyone needs a private blockchain which can store their own information rather than publishing it in public.
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.
Firstly, what do you mean in Online ID? If you mean our private ID, then yeah, they are in hand on governments and banks and this is very logical. ID means identity document which is very neccesary for governments and for many service to make identification of you, it's another task how they secure it, btw you can't control what they do with your information like they can't control you at the moment.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.
Btw something that reduces government's control, won't be integrated, sorry but that's true.
I like that the unity that the blockchain technology offers significantly rebuilds its position in the market. For example, the taklimakan project. It creates an ecosystem where both crypto market professionals and beginners can coexist. Both parties interact on the principles of partnership and increase the benefits of their own, and the crypto community as a whole, because the more educated people in the system, the more blockchain technology is distributed into ordinary life and make it more comfortable
It is a pity that not all countries share the view on the usefulness of the blockchain. Of course, fraud on cryptocurrencies has seriously undermined investor confidence, but the blockchain technology itself cannot be attributed to the evils of people who manipulate currencies. I like that the unity that the blockchain technology offers significantly rebuilds its position in the market. For example, the taklimakan project. It creates an ecosystem where both crypto market professionals and beginners can coexist. Both parties interact on the principles of partnership and increase the benefits of their own, and the crypto community as a whole, because the more educated people in the system, the more blockchain technology is distributed into ordinary life and make it more comfortable
I think that the currency market has long been waiting for such a reset. blockchain allows to take a fresh look at the rules of the game. now small companies, united in one network, are able to compete with monopolists. blockchain makes the market more equal
I like that the unity that the blockchain technology offers significantly rebuilds its position in the market. For example, the taklimakan project. It creates an ecosystem where both crypto market professionals and beginners can coexist. Both parties interact on the principles of partnership and increase the benefits of their own, and the crypto community as a whole, because the more educated people in the system, the more blockchain technology is distributed into ordinary life and make it more comfortable
Actually, you have a point here like blockchain will be very useful to those people who wanted their own privacy and will not able to change by other hands like government. But we must remember that the government is not really accepting bitcoin in our community because they will have lost control to people.
I totally agree, it may be the best for now but we'll never know in the future. With the current advancement and people who loves to explore on things, I guess they might be able to create another technology way better than blockchain.
i agree on your point . we are now in the future and the people today are now more smarter than compare to the people on the past and this means that they will always be curios to explore and invent new things or new technologies that will be better than the previous/current inventions we have so far . but if we will be foccusing on today situations , i think blockchain isnt really the perfect solution but it can be a good solution for creating a new posibilities .
I totally agree, it may be the best for now but we'll never know in the future. With the current advancement and people who loves to explore on things, I guess they might be able to create another technology way better than blockchain.
I do not get it why not just make your blockchain which can store all your personal information than using a public blockchain. like bitcoin wallet is only designed to store bitcoin ledger but some people are using it to store their notes forever. and even one bad guy has stored a child pornography content on the blockchain which cannot be removed ever so why use public blockchain for personal use. learn some skills and start developing your own future and believe me it will be much better and powerful.
I also think that there is nothing ideal in this world, including the world of cryptocurrency. There is always something to strive for. But one thing I can say for sure is that the blockchain technology is ideal for cryptocurrency.
For me there are no perfect things here, so i could‘nt say that blockchain was perfect solution for us in our everyday transaction,but thanks that this thing was come here in our life.
It just our hope maybe, because the fact we can't never do that. As OP said we had had government that always make a change become wear away. However, if you say blockchain is not perfect solution to make transaction in our daily activity it's wrong. Because if we compare blockchain with bank payment system or with cash system blockchain can be a competitor. Those payment system has an advantage and disadvantage severally, but surely those payment system can make people's live comfortable, so as people can use the all three method without a compulsion and they can make use of it well. 
We are already moving from credit cards to online payments or simply via phone or any other gaddets. It will be the same with blockchain technology, which sooner or later will be used in the future on a large scale.
Another technology might be introduced whose usefullness can outweigh Blockchain but at the moment, blockchain is super useful maybe not perfect because it has other shortcomings which for me could be the synchronizing usage with the internet because, every person don't know how to use the internet. But as far as data collection and accountability are concern, I think blockchain is handy.
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