More Countries Continue To Show Support For Blockchain Technology

_Django05_

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Quote from: markatty21 on January 20, 2019, 08:54:04 AM

South Korea Slash Tax For Blockchain Startups by Over 30%. Blockchain companies operating in South Korea had some good news to cheer on in the past week as the country took a bold step to encourage the growth of the industry.

There are several countries that are starting to work with blockchain technology. Some of them are using it in the financial sector while others are trying to improve their bureaucratic systems. Companies are also working with distributed ledger technology (DLT) trying to offer better products and services to users.

Furious 7

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Quote from: ajaymukund on June 04, 2019, 01:54:58 AM

Quote from: markatty21 on January 20, 2019, 08:54:04 AM

South Korea Slash Tax For Blockchain Startups by Over 30%. Blockchain companies operating in South Korea had some good news to cheer on in the past week as the country took a bold step to encourage the growth of the industry.

https://www.addisonchurchill.io/south-korea-slash-tax-for-blockchain-startups-by-over-30/

some Asian countries are really responding strongly to this blockchain industry. I am really happy to witness the good news from major countries supporting cryptocurrency.
In the future, I also hope that China, Vietnam, and other Asian countries will also have such strategies to help startups get more motivated.

Indonesia is a country that does not want to lose this big momentum. several major projects have successfully penetrated international markets such as NPXS, HNST. this is proof that the interest in blockchain is very large, the Government is the second target so that the legality of using crypto is getting closer.

horrifiedx1

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Quote from: Adriano2010 on June 04, 2019, 02:36:09 AM

Is good that more countries want to try and use blockchain technology, i wish that more companies to try and use blockchain because maybe only on this way we can have mass adoption.

with the presence of large companies using the blockchain, it will be able to convince the government that has not allowed it. moreover if government agencies have used it, of course the blockchain will develop faster

A L I E N

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That's really some good news.
I think the BTC price will grow even more.

Bitcoin price does not depend on the development of blockchain technologies. Nevertheless, the news that now more countries start using them, is great. It can be one of the reasons for the fastest adoption of BTC.

Adriano2010

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Is good that more countries want to try and use blockchain technology, i wish that more companies to try and use blockchain because maybe only on this way we can have mass adoption.

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Quote from: markatty21 on January 20, 2019, 08:54:04 AM

South Korea Slash Tax For Blockchain Startups by Over 30%. Blockchain companies operating in South Korea had some good news to cheer on in the past week as the country took a bold step to encourage the growth of the industry.

https://www.addisonchurchill.io/south-korea-slash-tax-for-blockchain-startups-by-over-30/

some Asian countries are really responding strongly to this blockchain industry. I am really happy to witness the good news from major countries supporting cryptocurrency.
In the future, I also hope that China, Vietnam, and other Asian countries will also have such strategies to help startups get more motivated.

Moiyah

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There are still countries who are against bitcoin or any crypto related field. But somehow, countries that are supportive about it are the ones who are ready to accept the new technology given by this cryptocurrency. South Korea is also one of those who are open for new changes. Hence, making their economy improves more

hahahafr

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I love to see crypto enthusiasts applying the blockchain technology in various aspects of life and also very impressed about the attitude of the South Korean government in approving the tax reduction for blockchain start ups. No wonder there are so many Korean blockchain start ups in the crypto industry these days.

Naida_BR

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Quote from: samycoin on May 29, 2019, 05:24:50 PM

Well it's good to know that many countries now is supporting blockchain, Korea is good country and their known about the technology is good so I think adopting blockchain to their country will be more successful for their economy.

I feel like Korea is the center of innovation in Asian region and Japan comes right after.
It would be a great adoption if big countries with large corporations promote the blockchain technology. Then this is going to bring more users in our networks.

lutfi-hasan

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I am very supportive if the countries out there have started to support and adopt Blockchain technology for the benefit of their country, so that it can make Bitcoin better in the eyes of the public.

legenduim

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That's really some good news.
I think the BTC price will grow even more.

The fact that more countries can start supporting cryptocurrencies may not effect on the price of Bitcoin. Nevertheless, it can really make BTC volatility not so great. All will calm down and start taking crypto as the stuff to live and deal with.

samycoin

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Well it's good to know that many countries now is supporting blockchain, Korea is good country and their known about the technology is good so I think adopting blockchain to their country will be more successful for their economy.

Netnox

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So they are OK with the Blockchain technology, but not so with the cryptocurrencies? I am not very excited about this. Either they should accept both of them (because both are intertwined), or they should ignore both of them. And here we have some of the governments harassing the Bitcoin users and at the same time using the Blockchain tech for their own benefits.

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Quote from: markatty21 on January 20, 2019, 08:54:04 AM

South Korea Slash Tax For Blockchain Startups by Over 30%. Blockchain companies operating in South Korea had some good news to cheer on in the past week as the country took a bold step to encourage the growth of the industry.

https://www.addisonchurchill.io/south-korea-slash-tax-for-blockchain-startups-by-over-30/

Like here in my country, they are very supportive of the growth of Cryptocurrency South Korea is one economic giant that is very open in Cryptocurrency, soon we will have more countries supporting cryptocurrency and they are giant in economic and in on financial.

mangsitin

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Yes, we all know that today world life is colored by online internet, so that inevitably governments throughout the world must keep up with today's technological developments. So that technology will not be missed. And Blockchain is a technology that is currently increasingly popular in the world.

kemetz

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That's really some good news.
I think the BTC price will grow even more.

yes it is true with the increasing number of countries that show their support for blockchain technology which clearly will be able to make a positive trend on the market, if for the growth of BTTC prices it is likely to depend on their own interest, because there are so many choices of coins to invest in addition to BTC if the demand is bigger on altcoin maybe the price of BTC growth can be quite slow.

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Quote from: markatty21 on January 20, 2019, 08:54:04 AM

South Korea Slash Tax For Blockchain Startups by Over 30%. Blockchain companies operating in South Korea had some good news to cheer on in the past week as the country took a bold step to encourage the growth of the industry.

https://www.addisonchurchill.io/south-korea-slash-tax-for-blockchain-startups-by-over-30/

Almost all states fully support the introduction of blockchain technology. It completely solves the problem of safe storage and use of large databases online. Even the states that are trying to limit or even prohibit the circulation of cryptocurrency in their countries, and they positively evaluate the blockchain technology. Thus, the Chinese government, which is constantly trying to limit the circulation of cryptocurrency, issues the largest number of patents for inventions using blockchain technology.

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Quote from: traderethereum on May 27, 2019, 05:31:04 PM

When more country give support for blockchain technology, I guess that will be a great time to see bitcoin and altcoin will start the mass adoption and in that time, all people will try to learn about blockchain technology, how they can take the benefits from the cryptocurrency, how they can use cryptocurrency for making a transaction, and many else.
Each government will give their permission for their citizen to try to make money from cryptocurrency, and the government will make a regulation for cryptocurrency and who knows, the government will create their own crypto too.
The possibilities to see many countries supporting blockchain technology will be wide open, and it's on the way to go there, and it might happen in the next years.

Actually these governments are interested in blockchain technology and not bitcoin itself. I believe they plan creating their own currencies to benefit themselves from crypto currency, but continuing with the benefits of centralization at same time.
I'm not sure how positive it will be for bitcoin and decentralized altcoins when these countries start adopting blockchain technology. It can be very bad for crypto users, as some regulations are very restrictive, like those in China and India.

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Quote from: Duzter on May 27, 2019, 02:43:40 PM

Quote from: Che454010 on May 27, 2019, 02:37:48 PM

Quote from: markatty21 on January 20, 2019, 08:54:04 AM

South Korea Slash Tax For Blockchain Startups by Over 30%. Blockchain companies operating in South Korea had some good news to cheer on in the past week as the country took a bold step to encourage the growth of the industry.

https://www.addisonchurchill.io/south-korea-slash-tax-for-blockchain-startups-by-over-30/

I believe that blockchain technology is the future, the sooner they realize it the better. In near future, more and more countries would show support to it, as they don't want to left out.

Yes, blockchain technology slowly getting adopted all over the world on different functional sectors. From its early stages of development till date blockchain technology usage keeps on increasing. An important factor that assure with the growth and increasing adoption is the Facebook's statement to use blockchain technology to create its own cryptocurrency for the global usage.

Right.Blockchain technology will be more adopted soon in most of the countries because of its continuous growth.With the statement comes from facebook,it will surely make a huge increase in adoption knowing the fact that facebook is a good outlet wherein most of the people are using it nowadays.

traderethereum

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When more country give support for blockchain technology, I guess that will be a great time to see bitcoin and altcoin will start the mass adoption and in that time, all people will try to learn about blockchain technology, how they can take the benefits from the cryptocurrency, how they can use cryptocurrency for making a transaction, and many else.
Each government will give their permission for their citizen to try to make money from cryptocurrency, and the government will make a regulation for cryptocurrency and who knows, the government will create their own crypto too.
The possibilities to see many countries supporting blockchain technology will be wide open, and it's on the way to go there, and it might happen in the next years.

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