Topic: What are the opportunities we have in blockchain? - page 6. (Read 1354 times)
There are many opportunities when you are in a blockchain. You will recevie some amount from every new user of your chain. Greater the number of user greater will be increment in your amount. So do not miss the chance to new opportunities of blockchain.
There is great opportunity for block chain technology, Bitcoin and crypto currency have this block chain technology and I think the best part is payment option will be very easy through block chain technology, Now days more companies and even countries also adopt block chain technology and studying about it, This block chain technology may be change in the world economy in future, this is just started only, it will be more secured and more reliable technology and this will be great success
Some people are trying to force Blockchain everywhere but we have to remember that we don't need it for every single thing. The Internet was infact decentralized but it was impossible to keep it like that due to size. I doubt that we will ever switch to decentralized Internet, maybe if governments start to regulate it heavily then it might be possible.
avoiding 'currency' usage:
voting
law creation
land registry
identity
credit rating
school qualifications
manufacturing/supply control
asset audits
public notaries
patent timestamping
time limited licence application/renewal/acceptance
the list goes on
voting
law creation
land registry
identity
credit rating
school qualifications
manufacturing/supply control
asset audits
public notaries
patent timestamping
time limited licence application/renewal/acceptance
the list goes on
Bitcoin isn't capable of most of these with its limited smart contract functionality, which is why it probably wont succeed as the number 1 crypto forever.
I think that most of these are covered by individual altcoins, but a truly functional smart-contract system would allow for all of these to be handled by a single coin, NEO and EOS are approaching that level of sophistication, ethereum is lagging behind.
The database keeps a list of signed blocks with a timestamp, a link to the previous block and other necessary data. Production never stops, and the list of blocks is constantly replenished. This shows that in the whole system there is not only a single location, a document can be the sole authority, since duplicates of the same version of the ledger are located many places.
The bitcoin opportunity we have is exactly how we can communicate with each other more easily
The blockchain technology is the most secure transaction system of bitcoin. As it is very secure, so we have a lot of opportunities in it.
Firstly its hard security system. For its excellent security system no one can hack a blockchain wallet.
Secondly It working capacity. The blockchain technology works peer to peer. For this reason it is difficult to anyone to find out the transactions. And so the hackers cannot hack this technology.
Another, one of the best reason is no one can find out the transactions so it is really good for the persons those who save their money. Because people can fund their bitcoin in their blockchain wallet and when the price will increase then they could sale their bitcoin.
Thus blockchain helps us a lot. Above all I think that there are many opportunities we have in blockchain.
Firstly its hard security system. For its excellent security system no one can hack a blockchain wallet.
Secondly It working capacity. The blockchain technology works peer to peer. For this reason it is difficult to anyone to find out the transactions. And so the hackers cannot hack this technology.
Another, one of the best reason is no one can find out the transactions so it is really good for the persons those who save their money. Because people can fund their bitcoin in their blockchain wallet and when the price will increase then they could sale their bitcoin.
Thus blockchain helps us a lot. Above all I think that there are many opportunities we have in blockchain.
Of course, everyone knows that the Blockchain technology is not just a crypto currency. The Blockchain technology has a lot of opportunities, which are already partially used in our world, for example - cargo transportation and cargo tracking.
It is true only few people are into blockchain technology as it was in the early days of computers. That is why those in blockchain field now can utilize it and explore all the opportunities available to advance their projects.
the innovating technology of blockchain is surely having an impact on the business life, peoples still think that it's only used in cryptocurrencies which is a totally wrong idea, the potential extends in many more fields because, the idea of a decentralized, secure and immutable data can be applied in, for example, cloud storage, Identity Management, renewable energy.. and there are already projects that are integrating blockchain in those fields, topics like this are a great help to expand one knowledge.
A system or chain of blocks is an ordered database that stores all information on all computers interacting with the network. The database keeps a list of signed blocks with a timestamp, a link to the previous block and other necessary data. Production never stops, and the list of blocks is constantly replenished.
the main advantage of using blockchain is the opportunity to eliminate intermediate units, improve efficiency and speed of operation. blockchain will change the world, most of the public sector where transparency and authenticity should be needed.
Blockchain technology can be used to produce positive results. For example, they can help migrants communicate with their families, keep their money safe by cryptocurrency and easily carry them. "
Or as at the United Nations in June 2017, at the meeting dealing with global warming. They have used Blockchain to create a platform of transparency that brings creativity and trust in the fight against climate change. "Countries, regions, cities and businesses that want to comply with the commitments made under the Paris Climate Change Agreement on climate change need to take advantage of all the advanced technologies available. And blockchain is the leading technology to apply to this problem.
Or as at the United Nations in June 2017, at the meeting dealing with global warming. They have used Blockchain to create a platform of transparency that brings creativity and trust in the fight against climate change. "Countries, regions, cities and businesses that want to comply with the commitments made under the Paris Climate Change Agreement on climate change need to take advantage of all the advanced technologies available. And blockchain is the leading technology to apply to this problem.
Now a days we have seen world is thinking about implementation of blockchain technology. Because it is one the secure technology in the world and it very much difficult to hack. Now lets talk about opportunities :-
Being a student we have to take Blockchain as an opportunity because it is in initial stage and development is running on it. For clearling opportunity concept i want to go to past when internet was invented, It was used in universities on single server and only those universities students could be accessed internet and then people came up with an idea Web2.0 and we would able to used host server for access websites from anywhere for example - I could easily browse internet website from far away place
NOTE - You know when internet invented it was decentralized
Now Block chain opportunities -
You know there are only few people who knows about blockchain technology and how it is technically work and how blocks are created.
Crypto currency is only one of the application that was gone viral in 2009.
blockchain can be used for maintaining the record on any person or any entity.
Guyz Share your thinking and idea so we can explore more about blockchain
Being a student we have to take Blockchain as an opportunity because it is in initial stage and development is running on it. For clearling opportunity concept i want to go to past when internet was invented, It was used in universities on single server and only those universities students could be accessed internet and then people came up with an idea Web2.0 and we would able to used host server for access websites from anywhere for example - I could easily browse internet website from far away place
NOTE - You know when internet invented it was decentralized
Now Block chain opportunities -
You know there are only few people who knows about blockchain technology and how it is technically work and how blocks are created.
Crypto currency is only one of the application that was gone viral in 2009.
blockchain can be used for maintaining the record on any person or any entity.
Guyz Share your thinking and idea so we can explore more about blockchain
I think the most opportunities in blockchain is, everyone can invest a good project with blockchain as a platform.
For instance, profit in investing on ICO project is very good if the project succeed in the future. This is the most promising opportunity.
One of the opportunities of Blockchain technology is its possible application in elections voting and identity management. If all countries adopt it in elections, it will enhance the transparency and credibility of elections and voting.
Blockchain is a opportunity for us to transparent everthing for every person
Tremendous opportunity in areas of trustless applications. I feel that rather than currencies, should focus on backend like banking systems.
The blockchain technology is well noted for its transparency, security and genuineness. It is with these qualities that make an indestructible system which can be used to collect and manage our financial transactions and other organizational records. Not only that but it has also be used to generate cryptocurrencies which have generated income so many people who invested into it.
That's definitely true. We're in a technology that shall become the talk of the future. I'm really glad i know blockchain now. The fact that some governments have started adopting and integrating blockchain means the future shall surely be bright.
Let's start with the fact that Blokcheyin is essentially just a tool with which you can store transaction data (a database). A tool can not by itself be known to be good or bad, that's its capabilities as for me
the major advantage we have in blockchain are in blockchain you are 100% sure of safety both in terms of your password and also your payment will be delivered to your wallet.
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