Topic: Which industries don't need blockchain? - page 2. (Read 1365 times)
Blockchain can help make traditional companies transparent. This is one many reasons most companies may need it. Another important benefit are data immutablity, security, the use of native coin which can be accepted/traded globally etc.
I see the efficiency , transparency, immutable and trustless feature of the blockchain technology can be used in all aspect of our life. The blockchain technology is useful to all industries with no exception. The need and the service an industry want to render are programmed as smart contracts on the blockchain.
Most industries don't need a decentralized database. The only real use I see is for currency that isn't controlled by any single person. Everything else is much better served by a centralized database that is much more efficient.
The development of oil industry will definitely need the help of cryptocurrency because it will be the future and also cryptocurrency play an important role in development of the future economy is this some time together it will be good for our world.
The biggest industries are definitely don't considering about the cryptocurrency in this situation because the value is like that so I think the future will be the answer for this question and mostly everything will definitely need the support from the blockchain sister and taken about their situation very soon.
You should ask yourself if you would be here if the market was one that is stable, cause I’m very sure that majority of us all are here with plans to make money as the price goes up and nobody even wants the price to drop.
The biggest industries are definitely don't considering about the cryptocurrency in this situation because the value is like that so I think the future will be the answer for this question and mostly everything will definitely need the support from the blockchain sister and taken about their situation very soon.
Well, I don’t really see why anyone should complain about the volatility cause that’s how it was meant to be and it has been like that from the start, and I also don’t think anything is going to be able to change it. Bitcoin is asset, and a lot of them are volatile, though the volatility when it comes to Bitcoin is too much, but that’s just how it is. You should ask yourself if you would be here if the market was one that is stable, cause I’m very sure that majority of us all are here with plans to make money as the price goes up and nobody even wants the price to drop.
Indeed i also think most of industries who has employees need blockchain technology, in my opinion i think that the blockchain technology makes more easy to store data and access it in a fast way.
I don't think so, agree that blockchain technology is useful in most industries, as you said, it can make data storage better and enhance the security in the work environment but in return, it still has many limitations, typically as data storage, because it guarantees too good, we will not be able to edit any data if that data has been stored, especially when we lose the key for logging in, it will be a bigger problem than ever. In addition, storage capacity is quite limited, with all such disadvantages, I believe that industries will soon realize that blockchain technology is not suitable for them 
With each and every industry it is possible to integrate with blockchain technology for effective and efficient functioning. This is where the use of blockchain technology gets widened, and to the growing population it is not possible to meet all the necessities with the traditional system. This is where the blockchain technology takes the place and contributes good. Op has stated major ten industries that use blockchain technology, and in future every industry will be blockchain integrated.
It appears as though every company is trying to integrate the use of blockchain technology.
https://www.blockchain-council.org/blockchain/top-10-companies-that-have-already-adopted-blockchain/
Some might have legitimate reasons, others just for the hype and hell of it.
Are there any industries that can't benefit from using blockchain technology in their business practices? Where it doesn't matter?
I don’t think most of the industries needs Blockchain technology, it’s not really that important as some people would always be hyping it to be, so it’s not needed in most places. I think where the blockchain technology can be needed is when it comes to any industry that has to do with tech, just like Microsoft, Apple, Google and others like them. But if you check you will see that these companies don’t even make use of blockchain, except that Microsoft Xbox is accepting Bitcoin for their stores. https://www.blockchain-council.org/blockchain/top-10-companies-that-have-already-adopted-blockchain/
Some might have legitimate reasons, others just for the hype and hell of it.
Are there any industries that can't benefit from using blockchain technology in their business practices? Where it doesn't matter?
I don't think there is presently any industry or sector that won't need the blockchain technology if there are developers in that regard. Since the blockchain will make their work faster and easier and ensures transparency and integrity. In the coming years, almost every industry will have to migrate to blockchain for their workflow, it will be wise for young people and able body to study about the blockchain technology as it may end up being the highest employer of labour in the future.
Gaming industry doesn't need blockchain. No gamer ever has asked for "decentralized ownership of in-game items", yet blockchain startups present it as some huge problem in gaming world. Players are okay with centralization of online games, because there never was any other way, and blockchain games don't change anything because they are still inherently centralized. Plus, tying in-game economy to real world money rarely works out, so it's not in the interest of gamers to have everything being tradeable for real money.
Gamers dont have a choice but to accept the terms and conditions of a game that they are playing . in game items are also too costy because of vat or tax but they still accept it because they cant do anything about it . however if blockchain will be implemented to every game or to a certain game , the game will be decentralized which means we cant expose our privacy/identity anymore plus we can expect that the in game items will now be cheaper . the good thing is that we can also use cryptocurrency to buy in game items . isnt that great ?
In fact, it is much easier to list industries that the blockchain can really help, because in its majority of the majority of projects, blockchain is not needed. Of course technology has a wide range of applications, but very few projects have succeeded in this.
Indeed i also think most of industries who has employees need blockchain technology, in my opinion i think that the blockchain technology makes more easy to store data and access it in a fast way.
I agree. The blockchain technology is needed only in those industries where there are more data arrays and which need to be stored or have quick access.
Indeed i also think most of industries who has employees need blockchain technology, in my opinion i think that the blockchain technology makes more easy to store data and access it in a fast way.
It appears as though every company is trying to integrate the use of blockchain technology.
https://www.blockchain-council.org/blockchain/top-10-companies-that-have-already-adopted-blockchain/
Some might have legitimate reasons, others just for the hype and hell of it.
Are there any industries that can't benefit from using blockchain technology in their business practices? Where it doesn't matter?
https://www.blockchain-council.org/blockchain/top-10-companies-that-have-already-adopted-blockchain/
Some might have legitimate reasons, others just for the hype and hell of it.
Are there any industries that can't benefit from using blockchain technology in their business practices? Where it doesn't matter?
Any industry which behind datas of its employees, records and etc, will certainly need Blockchain technology to improvise and minimize their risk and work. I am sure down the line in 5 to 10 years, every industry would be depending / integrating blackchain technology into their system. Too many huge private sectors have started integrating and routing their datas into blockchain.
When they (corporations, companies) get rid of paper, and when they found out how faster, more reliable, accurate blockchain is they will move to crypto. Its a process that needs to go along with country laws, some company will not do anything against the law and risk expensive penalty for that. Most of them are waiting government approval what will happen very soon for some countries.
I think every industry will use blockchain in very near future.
I think every industry will use blockchain in very near future.
I have see some list of some industries that need blockchain and to me every facet of life actually needs blockchain technology. I do believe that why many has not see the needs of blockchain technology in they fied or industries is because it is still new and we cannot really comprehend it impacts on our economic at the moment.
It appears as though every company is trying to integrate the use of blockchain technology.
https://www.blockchain-council.org/blockchain/top-10-companies-that-have-already-adopted-blockchain/
Some might have legitimate reasons, others just for the hype and hell of it.
Are there any industries that can't benefit from using blockchain technology in their business practices? Where it doesn't matter?
We can see several times news like this. Those companies afford the blockchain who knows the benefits of blockchain. And I think one day most of all companies will be under the blockchain umbrella. https://www.blockchain-council.org/blockchain/top-10-companies-that-have-already-adopted-blockchain/
Some might have legitimate reasons, others just for the hype and hell of it.
Are there any industries that can't benefit from using blockchain technology in their business practices? Where it doesn't matter?
The biggest industries are definitely don't considering about the cryptocurrency in this situation because the value is like that so I think the future will be the answer for this question and mostly everything will definitely need the support from the blockchain sister and taken about their situation very soon.
Defence, medicine, teaching, agriculture, cleaning, gardening, sports - anything that can't be done online.
Because the blockchain needs the internet, it's best for online retail, online gambling, finance (most of which is done online), remittences (most of which are done online), political fundraising (most of which is done online), and so on.
Because the blockchain needs the internet, it's best for online retail, online gambling, finance (most of which is done online), remittences (most of which are done online), political fundraising (most of which is done online), and so on.
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