Issues With Blockchain?? | Bitcointalksearch.org

stepwilli

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Quote from: rosyantony on August 04, 2018, 04:40:36 AM

As I my last post https://bitcointalk.org/index.php?topic=4816291.new#new Walmart has filed the patent application entitling “Managing Smart Applications Using Blockchain Technology”.

And now SEC reportedly issues a subpoena to Long Blockchain last month. This is a part of the regulator's efforts to extensively scrutinize public companies that claim a switch to Blockchain technology.

What you guys think about blockchain Tech???

People just don’t consider it yet, maybe for the fact that Bitcoin is unstable, they don’t see it as a good idea to accept Blockchain for anything. It’s not late yet, I still think that time will come when companies will start to accept Bitcoin and also make use of the blockchain in doing most things cause it’s totally transparent and will help in keeping records.

zoeylee

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In my opinion, blockchain is world changing technology with transparency. It is said that transactions are digitally signed to safeguard its authentically so that it has a high integrity.

droptableguy2

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Quote from: Maymun_lavigne on August 04, 2018, 06:33:38 AM

in my opinion, blockchain technology is a technology that has a very good development for the future. With its transparent nature, many entrepreneurs and investors look at the blockchain technology. I hope if all countries, entrepreneurs and investors use this blockchain technology, the country will it is growing rapidly, because it will reduce acts of crime, namely corruption.

It is not entirely against corrupt criminals and money laundering. They are now too professional and very wise, very hard to detect. The appearance of blockchain has changed human life. Everything is more modern and more personable. The increasingly modern machines gradually replace humans. However, there are measures to improve the bad guys involved in this era. To reduce the bad habits in society what the community is looking for.

audaciousbeing

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Quote from: rosyantony on August 04, 2018, 04:40:36 AM

As I my last post https://bitcointalk.org/index.php?topic=4816291.new#new Walmart has filed the patent application entitling “Managing Smart Applications Using Blockchain Technology”.

And now SEC reportedly issues a subpoena to Long Blockchain last month. This is a part of the regulator's efforts to extensively scrutinize public companies that claim a switch to Blockchain technology.

What you guys think about blockchain Tech???

In my humble opinion, its about seeing the bright side in all of this in which others would see the challenges and fear about what the outcome would be for blockchain as a technology and bitcoin as a currency or any interpretation we all give as the reason for being associated with it. For me, its a testimony that the technology has come to stay, that its a success and all of them are struggling to maintain the first position in any of their industry, flaunt and brag about it, then profit from it. If its not, all of the disagreement or the regulators wanting to exercise their power and remain relevant would not happen if its a dead project. Focus on the bright side people.

Mjadon15

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Quote from: Mjadon15 on August 06, 2018, 12:49:42 PM

Quote from: rosyantony on August 04, 2018, 04:40:36 AM

As I my last post https://bitcointalk.org/index.php?topic=4816291.new#new Walmart has filed the patent application entitling “Managing Smart Applications Using Blockchain Technology”.

And now SEC reportedly issues a subpoena to Long Blockchain last month. This is a part of the regulator's efforts to extensively scrutinize public companies that claim a switch to Blockchain technology.

What you guys think about blockchain Tech???

According to Forbes, Blockchain is often touted as a world-changing technology and in many ways, it is. However, it isn’t necessarily the cure-all panacea for the world’s problems that many evangelists would have you believe. To buttress this point some of the highletd points issues are;
1. Large amount of computing power makes Blockchain Technology is costly.

2. Lack of stipulated regulations craeates more Risk.

3. It is complex. Therefore, end users find it hard to appreciate the benefits.

However, amidst all these scenerios, I choose to remain optimistic and be positively driven. Even Reputed Blockchain companies like Factom Network spotted some issues in the early stages of blockchain technology which led to the creation of Factom Network. The company spotted the problem and despite that have beaming green lights of hope, ranging from the power embedded in Bitcoin technology.

Mjadon15

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Quote from: rosyantony on August 04, 2018, 04:40:36 AM

As I my last post https://bitcointalk.org/index.php?topic=4816291.new#new Walmart has filed the patent application entitling “Managing Smart Applications Using Blockchain Technology”.

And now SEC reportedly issues a subpoena to Long Blockchain last month. This is a part of the regulator's efforts to extensively scrutinize public companies that claim a switch to Blockchain technology.

What you guys think about blockchain Tech???

According to Forbes, Blockchain is often touted as a world-changing technology and in many ways, it is. However, it isn’t necessarily the cure-all panacea for the world’s problems that many evangelists would have you believe. To buttress this point some of the highletd points issues are;
1. Large amount of computing power makes Blockchain Technology is costly.

2. Lack of stipulated regulations craeates more Risk.

3. It is complex. Therefore, end users find it hard to appreciate the benefits.

yecats

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Hi all, https://blockgeeks.com/guides/what-is-blockchain-technology/ hope this article will help us understand what is blockchain and what is really the role of blockchain technology in crypto currency.

btc_angela

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Quote from: rosyantony on August 04, 2018, 04:40:36 AM

As I my last post https://bitcointalk.org/index.php?topic=4816291.new#new Walmart has filed the patent application entitling “Managing Smart Applications Using Blockchain Technology”.

And now SEC reportedly issues a subpoena to Long Blockchain last month. This is a part of the regulator's efforts to extensively scrutinize public companies that claim a switch to Blockchain technology.

What you guys think about blockchain Tech???

You have to understand that there's two kind of blockchain: private and public. So perhaps those companies filing for patent is more of a private, for their own used. For the subpoenas, of course if private companies are using private blockchains to record their books, I guess they really need to open it up to SEC. What you guys think about blockchain Tech?, Definitely a game changer with a lot of real usage. Companies should really used it to their advantage because we all know that data is money.

vuithoinha

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Quote from: rosyantony on August 04, 2018, 04:40:36 AM

As I my last post https://bitcointalk.org/index.php?topic=4816291.new#new Walmart has filed the patent application entitling “Managing Smart Applications Using Blockchain Technology”.

And now SEC reportedly issues a subpoena to Long Blockchain last month. This is a part of the regulator's efforts to extensively scrutinize public companies that claim a switch to Blockchain technology.

What you guys think about blockchain Tech???

Blockchain technology is asserting itself with practical applications such as:
Blockchain 1.0 - Currencies and Payments: The main application of this version is pre-coding: including currency conversion, remittances and the creation of digital payment systems. This is also the area most familiar to us that sometimes many people mistakenly think Bitcoin and Blockchain are one.
Blockchain 2.0 - Finance and Markets: Financial and banking applications: Blockchain's expansion into financial and market applications. Assets include stocks, checks, debt, ownership, and anything related to an agreement or contract.
Blockchain 3.0 - Design and Supervision of Activities: Bringing Blockchain beyond the financial frontier, and into areas such as education, government, health and the arts. In these areas there will be many types of physical, digital or human in nature.

Gozie51

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Quote from: paramelton on August 04, 2018, 02:56:51 PM

One of the biggest cases, as you remember was Onecoin. It was believed to be the next Bitcoin. A lot of investors bought it, as they believed they were getting the sweet deal early, but actually, millions of investors got robbed and this was declared fraudulent.

Yeah Onecoin back then was one that was in the public glad and I think there was another coin called billioncoin but these names are shitty and they have disappeared too.

paramelton

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Blockchain Technology in many ways is a world changing Technology. Yet, due to the Lack of regulations, it has become risky environment. This is common issue with Bitcoin and any other value-based blockchain network. A lot of investors, who already have invested in cryptocurrencies, within the first few months have found, it’s a very volatile environment. Scams and market manipulation are pretty common. One of the biggest cases, as you remember was Onecoin. It was believed to be the next Bitcoin. A lot of investors bought it, as they believed they were getting the sweet deal early, but actually, millions of investors got robbed and this was declared fraudulent.

Maymun_lavigne

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in my opinion, blockchain technology is a technology that has a very good development for the future. With its transparent nature, many entrepreneurs and investors look at the blockchain technology. I hope if all countries, entrepreneurs and investors use this blockchain technology, the country will it is growing rapidly, because it will reduce acts of crime, namely corruption.

rosyantony

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As I my last post https://bitcointalk.org/index.php?topic=4816291.new#new Walmart has filed the patent application entitling “Managing Smart Applications Using Blockchain Technology”.

And now SEC reportedly issues a subpoena to Long Blockchain last month. This is a part of the regulator's efforts to extensively scrutinize public companies that claim a switch to Blockchain technology.

What you guys think about blockchain Tech???

Topic: Issues With Blockchain?? (Read 201 times)