Topic: Will governments use blockchain in international agreements - page 3. (Read 333 times)
This will all happen, in a deal that all governments around the world will gather to discuss Blockchain technology, I hope it will happen as soon as possible.
In many countries today many are still resisting bitcoin currencies, it's happening in developing countries, and years of years I hope all countries are aware of the sophistication of Blockchain technology and they all agree to use Blockchain technology, and for the year 2020 hopefully has come true.
I doubt that, it is true that the blockchain tech is young and needs to mature more.
We need to specify the kind of blockchain, is it the bitcoin blockchaion or another one being controlled by the governments themselves? If it is a semi decentralized or a centralized blockchain then i bet many governments will go for it.
I doubt that, it is true that the blockchain tech is young and needs to mature more. Also I doubt the government will use a public one, they prolly will make their own.
Lack of business infrastructure, high corruption cases in many sectors and the frequent encounter of human error in data management - both in the public and private sectors. Software systems that are basically designed to send data from one party to another require one centralized server as a publisher and data manager. When there is interruption on the server, the website can not be accessed and automatically the user can not use the service optimally.
Blockchain technology was born in response to concerns of some parties to the workings of a centralized software
and I'm sure, in the future blockchain technology can be used in all sectors whether it's industry or something else.
Blockchain technology was born in response to concerns of some parties to the workings of a centralized software
and I'm sure, in the future blockchain technology can be used in all sectors whether it's industry or something else.
I highly doubt that at the current stage of the blockchain technology but I think that its very possible after a few years.
imho for something this important as government two party agreements a very strong network is needed. bitcoin can potentially implement smart contracts in future. or an ethereum blockchain running erc20 token dedicated just for that. though china might implement something of that kind on neo before hand as they are already working together to some extent. time will show.
But if 10 strongest countries, like USA, China, Japan, EU makes krypto legal, others would follow in a short time...I can not imagine what kind of international relationship could be if half of the world uses bitcoin and half doesnt
How do you think, when governments of countries are going to start using blockchain technologies in international agreements? Can smartcontracts protect from falsity on that level?
Some companies are working on solutions with blockchain to help them interact in a secure and safe environments but these blockchains are private only for those companies that participate in them. So I really think in future, if not blockchain, some other tech will be used for governments. Governments can implement blockchains within themselves or between others. For some processes it can potentially help them in the long run. However I am not familiar if any of them are taking this into consideration to use blcockhain and smartcontracts between their agreements etc. will have to wait and see.
The way I see it, government will attempt to create their own coins, but, those coins will be centralized. Centralized Crypto Coins.
Hopefully people won't buy into that and will eventually stick with the decentralized versions of the coins.
Hopefully people won't buy into that and will eventually stick with the decentralized versions of the coins.
Money is one application of the blockchain. You can use blcockahin without the need to create your coins, you can simply have blockcahin as any database right now and enable smartcontracts on them. Some countries are looking to create their own crypto right now, but this is another topic. I think that you have missed the point of OP.
We can only see this thing if every countries makes bitcoin as legal, but for now this is just a dream. Its possible but long way to go from this kind of adoptation. Government are slowly accepting this thing, I believe on it.
How do you think, when governments of countries are going to start using blockchain technologies in international agreements? Can smartcontracts protect from falsity on that level?
The way I see it, government will attempt to create their own coins, but, those coins will be centralized. Centralized Crypto Coins.
Hopefully people won't buy into that and will eventually stick with the decentralized versions of the coins.
How do you think, when governments of countries are going to start using blockchain technologies in international agreements? Can smartcontracts protect from falsity on that level?
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