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Topic: More Countries Continue To Show Support For Blockchain Technology - page 6. (Read 1289 times)

full member
Activity: 528
Merit: 100
Naturally, more and more countries will introduce blockchain technology. After all, these are new technologies for the exchange and processing of data, though not yet completely perfect but still.
The blockchain technology has a wonderful feature,thats very appealing to a lot of Industries,countries etc and in the coming years the blockchain technology would be massively adopted as it affords it's users transparency and a system that is impossible to influence.
Countries may not fancy the bitcoin due to its thread to their national currencies,but they will be more accommodating to the blockchain technology as they could use it for a whole lot of use cases
Naturally, it was what we expect for all this years to start happening. You know what, its still slow, bitcoin had ath before all this interest from big part of the world, you can imagine what is waiting for blockchain in few years when majority of countries accepts and adopts cryptocurrencies. This is only a beginning, there is many things that are waiting to happen with blockchain, with some certainty we can say that in future entire world will be in blockchain in one way or another.
The blockchain technology is now a trend all over the world. It is also a hot topic in all social media platforms. I think it is the beginning of the adoption because more countries are willing to legalize it.
hero member
Activity: 1694
Merit: 502
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Naturally, more and more countries will introduce blockchain technology. After all, these are new technologies for the exchange and processing of data, though not yet completely perfect but still.
The blockchain technology has a wonderful feature,thats very appealing to a lot of Industries,countries etc and in the coming years the blockchain technology would be massively adopted as it affords it's users transparency and a system that is impossible to influence.
Countries may not fancy the bitcoin due to its thread to their national currencies,but they will be more accommodating to the blockchain technology as they could use it for a whole lot of use cases
Naturally, it was what we expect for all this years to start happening. You know what, its still slow, bitcoin had ath before all this interest from big part of the world, you can imagine what is waiting for blockchain in few years when majority of countries accepts and adopts cryptocurrencies. This is only a beginning, there is many things that are waiting to happen with blockchain, with some certainty we can say that in future entire world will be in blockchain in one way or another.
member
Activity: 210
Merit: 19
Naturally, more and more countries will introduce blockchain technology. After all, these are new technologies for the exchange and processing of data, though not yet completely perfect but still.
The blockchain technology has a wonderful feature,thats very appealing to a lot of Industries,countries etc and in the coming years the blockchain technology would be massively adopted as it affords it's users transparency and a system that is impossible to influence.
Countries may not fancy the bitcoin due to its thread to their national currencies,but they will be more accommodating to the blockchain technology as they could use it for a whole lot of use cases
newbie
Activity: 30
Merit: 0
Naturally, more and more countries will introduce blockchain technology. After all, these are new technologies for the exchange and processing of data, though not yet completely perfect but still.
legendary
Activity: 1512
Merit: 1041
Blockchain technology getting supported by countries should be the aim. I understand we are a "bitcoin" community and we would like to see crypto currency get ahead of the times and become very adopted and used everywhere and that would be great. However that doesn't mean blockchain doesn't have a play in this.

Blockchain was what made bitcoin possible and if we could implement blockchain into our daily lives in many different ways than we can make sure everything in our life is as good as bitcoin. Bitcoin is just the way blockchain used for money, we can have this is healthcare, medicine, insurance, cars, houses and many more stuff that would make them better thanks to blockchain. Do not be sad that blockchain is getting more attention than bitcoin, be happy that many more stuff is becoming bitcoins of the world.
jr. member
Activity: 644
Merit: 1
Blockchain is becoming more and more common every day in our daily life. Many businesses are adopting this technology to make work comfortable, transparent and even cheaper. Therefore, I think, having seen how the blockchain makes life easier in one particular country, other countries will follow the example and will also soon introduce technology at home.
hero member
Activity: 3052
Merit: 606
of course this is good news, the blockchain is not only useful for crypto currency exchanges. this technology will be useful in other fields.
however, if the blockchain develops it will affect the price of bitcoin.
right, the blockchain system has many advantages, so it can be applied in various needs. but indeed with the increasingly famous blockchain, bitcoin will become more famous as well so that there will be many who are looking for profit from crypto
Yes.Truly blockchain technology has brought a lot of advantages not just on a single country but throughout the world.That is why more and more countries today are already attracted to blockchain technology because it will bring transparency to all our transactions just like what bitcoin did.And as long as blockhain technology is alive,bitcoin also will not just easily fall down.
full member
Activity: 1050
Merit: 100
of course this is good news, the blockchain is not only useful for crypto currency exchanges. this technology will be useful in other fields.
however, if the blockchain develops it will affect the price of bitcoin.
right, the blockchain system has many advantages, so it can be applied in various needs. but indeed with the increasingly famous blockchain, bitcoin will become more famous as well so that there will be many who are looking for profit from crypto
full member
Activity: 658
Merit: 100
of course this is good news, the blockchain is not only useful for crypto currency exchanges. this technology will be useful in other fields.
however, if the blockchain develops it will affect the price of bitcoin.
jr. member
Activity: 100
Merit: 1
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/

yes, current systems will adapt to new technologies, further making their centralized systems powerful and strong.
member
Activity: 980
Merit: 62
New signs of mass adoption started to apper all over the world in the early stage of this year. Seems like in 2019 people realise slowly that bitcoin actually have a future and the developers and blockchain engineers who are talking about it deserves a shot to be listen when they are trying to approch the blockchain and bitcoin subject.

But they are adopting the Blockchain technology and not Bitcoin. I know it is a great marketing strategy but it works.
The real pressure will be pushed when companies will start realizing the real benefits of the blockchain technology. Corporations are a powerful strength that can bring this change in society.
legendary
Activity: 3206
Merit: 1213
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Almost every country has got a team to research about the need of blockchain technology into their governance and on other platforms. Some at the early stage itself misunderstand bitcoin with blockchain. Those who have understood blockchain and bitcoin in the right manner have given approval. As a result already some countries have created their own cryptocurrency using the blockchain platform. Majority of the country give importance to blockchain on making the financial system perfect.
sr. member
Activity: 910
Merit: 257
Blockchain technology is the future of data processing and management and also interactions between businesses and individuals, more nations would want to key into and support the growth of the blockchain and fintech industries.
The nation with the most favourable and enabling environment would attract more businesses and upstarts.

I agree that it will play a big part in the future, and it's so good and refreshing to see how many countries are following suit with other ones that were early adapters of the cryptocurrency concept. Also, what I like about seeing countries and world-renowned companies going into cryptocurrencies is the trust people have on them. When you see an entity that is considered somewhat a beacon of trust, then it would be easier to convince more people to get in the market, and hopefully, would result for it to flourish and improve through the support of more people.
member
Activity: 653
Merit: 10
Better when we got many country have support blockchain as technology and want to accept bitcoin as transaction and legal payment, but we have make bitcoin at higher price first to make many country will trust and faith with bitcoin or altcoin.
sr. member
Activity: 1428
Merit: 358
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/
It is now proven that the blockchain technology cna be the key to overcome the economical problems that the many countries are now facing. More countries around the world that are now accepting bitcoins because of its value and uses.
hero member
Activity: 2814
Merit: 911
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Time is a very significant factor. Blockchain technology is still a new technology, it has been around since before bitcoin, but it needs time to mature and fill out it's space.
When the current crop of start-ups become established industries it would open wider doors for more entries.
Blockchain is invented by Satoshi and how come they are around before bitcoin. Roll Eyes , the fact is this is the biggest invention of the century as it solved the double spending issue without the help of any central authority.

I think South Korea is a good country for cryptocurrency, and of course this will make people there more calm and uplifting on Cryptocurrency. I believe, South Korea will become a country famous for Cryptocurrency.
Not only South Korea, Japan, Hong Kong and Singapore are crypto friendly countries in Asia and with time we will see more countries accepting and promoting these new technology and start ups. Slashing the tax for start ups in this platform is a good initiative from South Korea as they will promote new entrepreneur to start something meaningful which in turn gives new job opportunities and have superior solutions.
sr. member
Activity: 1540
Merit: 420
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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/
This is a good deal for every start-up projects there, we need more country like South Korea that supports such technology because later in the end government can always benefit from those start-ups as they start generating revenues unlike other countries that are tight with their regulations and very conservative about adopting new innovations.
legendary
Activity: 3304
Merit: 1202
New signs of mass adoption started to apper all over the world in the early stage of this year. Seems like in 2019 people realise slowly that bitcoin actually have a future and the developers and blockchain engineers who are talking about it deserves a shot to be listen when they are trying to approch the blockchain and bitcoin subject.
member
Activity: 616
Merit: 11
They should do more than reduce tax. Their people are loving crypto currencies but their creations haven't exactly set the world alight. ICON was ok, but still trailing behind NEO and other projects. They are basically playing catchup
jr. member
Activity: 406
Merit: 2
it cannot be denied that blockchain technology can be said to be the most perfect technology at this time, even the blockchain technology can be said to be the heart of bitcoin, besides this great technology can be applied to various fields in life, if South Korea really starts using this technology, they are very lucky. because of this interesting blockcahin technology, Edith also even said that investors are now more interested in blockchain technology than in bitcoin itself.
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