The Race of Blockchain Weapons: Which States Will Become the Leaders of the Indu

pinkflower

sr. member

Activity: 868

Merit: 259

Quote from: davis196 on September 10, 2017, 01:07:55 AM

Quote from: pinkflower on September 10, 2017, 12:56:22 AM

Do the experts in the World Economic Forum understand what blockchains really are? Maybe if they really did then they wont arrive with those figures. Blockchains are among the most inefficient ways to store information. Im very sure by 2027 someone has invented a better append only form of ledger.

Why the blockchain is inefficient way to store info?Can you prove your claims?
If the blockchain was so inefficient,why would so many companies want to implement it?
Anyway,it`s normal that the USA is the leader in blockchain related projects.I`m not surprised by this news.
Sooner or later SIA will use the blockchain to spy everyone. Grin

I`m just kidding.

Theres no need to prove my claims. Look at all the energy wasted to maintain and secure the BTC blockchain, and how many transactions can fit per block? Its usually under 2000 transactions per block every 10 minutes average. Is that efficient for you?

Companies want to implement a blockchain because they are bandwagoning.

Hydrogen

legendary

Activity: 2562

Merit: 1441

Quote from: pinkflower on September 10, 2017, 12:56:22 AM

Do the experts in the World Economic Forum understand what blockchains really are? Maybe if they really did then they wont arrive with those figures. Blockchains are among the most inefficient ways to store information. Im very sure by 2027 someone has invented a better append only form of ledger.

Blockchains are to finance what bittorrent is to downloading files.

A case might be made for bittorrent not being the most efficient method to download files. But in some cases the different format has advantages which might outweigh any disadvantages.

davis196

hero member

Activity: 3164

Merit: 937

Quote from: pinkflower on September 10, 2017, 12:56:22 AM

Do the experts in the World Economic Forum understand what blockchains really are? Maybe if they really did then they wont arrive with those figures. Blockchains are among the most inefficient ways to store information. Im very sure by 2027 someone has invented a better append only form of ledger.

Why the blockchain is inefficient way to store info?Can you prove your claims?
If the blockchain was so inefficient,why would so many companies want to implement it?
Anyway,it`s normal that the USA is the leader in blockchain related projects.I`m not surprised by this news.
Sooner or later SIA will use the blockchain to spy everyone. Grin

I`m just kidding.

pinkflower

sr. member

Activity: 868

Merit: 259

Do the experts in the World Economic Forum understand what blockchains really are? Maybe if they really did then they wont arrive with those figures. Blockchains are among the most inefficient ways to store information. Im very sure by 2027 someone has invented a better append only form of ledger.

Sabar90

newbie

Activity: 26

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Which States Will Become the Leaders of the Industry

According to the World Economic Forum, by 2027, 10% of world GDP will be reflected in blockchain. This means that advanced states in this area will strengthen their positions in the world economy. We decided to find out which countries are already leading the race in blockchain technologies.

Venture company Outlier Ventures, which was one of the first companies to invest in blockchain projects in 2014, is monitoring startups based on blockchain. According to their research, the first place in the number of blockchain start-ups is taken by the USA (38.9% of projects). Leading positions are actively supported at the state level. This summer in Washington there was a blockchain forum where all ministries and government agencies were present. The development of blockchain technologies and their implementation at the national level were discussed. The state allocates grants for the development of this technology...

tyz

legendary

Activity: 3360

Merit: 1533

The Race of Blockchain Weapons: Which States Will Become the Leaders of the Industry

According to the World Economic Forum, by 2027, 10% of world GDP will be reflected in blockchain. This means that advanced states in this area will strengthen their positions in the world economy. We decided to find out which countries are already leading the race in blockchain technologies.

Venture company Outlier Ventures, which was one of the first companies to invest in blockchain projects in 2014, is monitoring startups based on blockchain. According to their research, the first place in the number of blockchain start-ups is taken by the USA (38.9% of projects). Leading positions are actively supported at the state level. This summer in Washington there was a blockchain forum where all ministries and government agencies were present. The development of blockchain technologies and their implementation at the national level were discussed. The state allocates grants for the development of this technology...more

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