What are the opportunities we have in blockchain? - page 7.

Ilegendph

full member

Activity: 434

Merit: 103

Thinking on the higher plane of existence.

Quote from: franky1 on April 01, 2018, 03:50:30 PM

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

In short,any services that needs a ledger. Blockchain is very useful for securing data and its just that people abused it for financial purposes like project funding

teddyppap

member

Activity: 72

Merit: 10

Quote from: jatin729 on March 31, 2018, 06:44:41 AM

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

Blockchain is understood as a data structure in which the data book is partitioned and shared across the entire system including independent storage entities. Shared folders are for network participants. 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.
All copies are updated when new data or transactions are recorded on the blockchain through the consent of all participants.

weiweianll

newbie

Activity: 168

Merit: 0

Blockchain is a hot technology. I think the best technology in the blockchain is to work hard on this technology because nowadays blockchain talent is scarce!
Mastering the blockchain technology can find a good job!

btctalk123

full member

Activity: 274

Merit: 100

I agree with you. Most people whi entered crypto in the last year dont have a clue about the system, information. Only how to earn

NABILA AKTER SHILA

newbie

Activity: 224

Merit: 0

Blockchain is the biggest advantage of our money security. The use of Blockchain is huge and widely used and demanded. In my opinion, it is the most promising meaning, trade, tool for people's destiny change.

Mr.Dick

member

Activity: 207

Merit: 20

A big opportunitie might as well be there is no such thing as fake money in a blockchain.

adeola1

newbie

Activity: 154

Merit: 0

One of the hottest features of blockchain is its ability to facilitate smart contracts. While the fintech, banking, and legal services industries are already dabbling with automated transactions that execute based on preset conditions, a whole host of other business are clueless that they, too, could benefit from smart contracts.

TooDumbForBitcoin

legendary

Activity: 1638

Merit: 1001

Quote from: Veterock on May 28, 2018, 04:42:56 PM

I would be glad if banks and financial structures began to use blockchain in their transaction systems

This German bank already change SWIFT for Bitcoin blockchain. When lighting will be released we will see more such examples

https://thenextweb.com/hardfork/2018/05/14/german-bank-using-bitcoin-international-fiat-loans/

Veterock

member

Activity: 238

Merit: 15

I would be glad if banks and financial structures began to use blockchain in their transaction systems

Lamisa asfiya

member

Activity: 242

Merit: 10

Blockchain, the most advanced, popular and powerful technology in the Blockchain is the biggest opportunity that is more powerful tool to protect our currency and money. world, is very useful for all. This technology uses a strong password which is never hacked or stolen. Blockchain technology leads the progress of the public's projects and freeze the risks of their investments.

pancawati77

newbie

Activity: 97

Merit: 0

Simplified blockchain technology has confirmed that coins in the crypto currency market will grow and where the blockchain develops many different areas. This can help us to trust and invest in the crypto currency market. Cool

Kimberlyyhr

newbie

Activity: 21

Merit: 0

For instance, blockchain can be used to keep track of assets and goods as they move down the supply chain. Other industries such as stock exchangecan make use of the blockchain mechanism to transfer ownership in a secure, peer-to-peer mechanism. Cheesy

Gabriellasllfs

newbie

Activity: 23

Merit: 0

Banking, payments, supply chain, insurance, security, and healthcare are a few industries that have already stated building blockchain-based applications. As mentioned earlier, 58% of large corporations are considering some kind of blockchain adoption. Obviously, this will lead to more jobs.

Sarahhd

newbie

Activity: 65

Merit: 0

The first application of Satoshi’s blockchain technology was of course monetary; his creation of a secure online ledger which tracks ownership of the “digital gold” known as Bitcoin. In the future, it’s likely that blockchain will be how society tracks ownership of all kinds, such as stocks, bonds, property deeds and even legal contracts. This technology has tremendous disruptive potential across a host of industries. Wink

gezhid008

jr. member

Activity: 252

Merit: 1

In the blockchain system, participants do not need to know the background information of others, nor do they need to be guaranteed by any third party. That is to say, the existing mode of Internet will be a challenge, all centralized platform may disappear, every one of us, every organization, machines and algorithms have the chance to freely with each other.

For us, the opportunity of the blockchain is not investment. History has proved that the more profound and revolutionary technological change is, the longer its implementation cycle is, the greater the risk and the bubble. The risk-bearers and ultimate beneficiaries of the technological revolution have always been a minority of geniuses, professional firms and institutional capital.

Gracefs

newbie

Activity: 60

Merit: 0

The blockchain offers unique solutions to numerous supply chain inferences. Because it stores all transaction information on a distributed ledger that cannot be altered and is fully transparent. Cheesy

Alyssaff

newbie

Activity: 47

Merit: 0

On average a bank spends anywhere between 40 million to 300 million USD annually on due diligence and customer verification process. Anti-Money Laundering and Know Your Customer procedures are essential elements of financial and legal transactions. On average a bank spends anywhere between 40 million to 300 million USD annually on due diligence and customer verification process. Anti-Money Laundering and Know Your Customer procedures are essential elements of financial and legal transactions. Wink

Mr.Binss

newbie

Activity: 48

Merit: 0

From my knowledge,for software developers, the blockchain opportunity is huge and it is just getting started. Some of the companies leading the charge in blockchain technology include IBM, Microsoft, Deloitte, Ripple, Chain, Circle Internet, BitFury Holding, Yuan Technology, Coinbase, and AlphaPoint. Since six out of 10 corporations are interested in blockchain, it simply means more jobs will be created in this space.
The blockchain technology market size was $340 million in 2017 and is expected to grow to $2.3 billion by 2021. According to a report, 10% of GDP will be regulated by a blockchain by 2027.

jone sonie

newbie

Activity: 67

Merit: 0

Today, more and more organizations are looking to take advantage of blockchain mania. As a matter of fact, 58% of the large corporations are interested in building some kind of blockchain application. Grin

Elizabesth

newbie

Activity: 65

Merit: 0

Blockchain technology has become the phenomenon of 2017. According to Google, Blockchain and Bitcoin were two of the most-searched keywords last year. Blockchain is also one of the Top 5 Developer Trends of 2018. Cryptocurrency, bitcoin, and ICOs (Initial Coin Offering) are fueling the blockchain discussion and increasing awareness of the technology.

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