Topic: Would blockchain technologies continue Its development without cryptocurrency? - page 5. (Read 1039 times)
September 08, 2018, 10:19:19 PM
it's impossible for me to say that if blockchain is without crypto currency, blockchain usage is really good if used in several fields such as in government to make government transparent but I think if the government uses blockchain technology without crypto currencies they use the blockchain won't work , because the blockchain system runs when there is mining activity which confirms and verifies in each relaxation block where the miner will get rewards in the form of crypto currency from the blockchain they choose as a mining pool, so if there is no reward they can receive from mining there is no transaction which occurs because there is no confirmation from the miners in each block
September 08, 2018, 10:03:50 PM
Blockchain technology can track and record every information and transaction that occurs, and the unique record cannot be falsified. Blockchain can be used by companies to share information transparently and efficiently. This is of course useful not only for financial transactions, but also for other things such as logistics (blockchain can record vehicle movements, travel journals, calculate the amount of fuel used, so it can determine the timing of vehicle replacement parts), health (blockchain is used for make health records in the hospital and record each of these changes appropriately, making it easier for patients to move from one hospital to another), education (blockchain is used to record, store and verify diplomas and other academic records for each student without being able to be removed or falsified), even the government can use blockchain for general elections, tenders, procurement and purchase of goods. so that it avoids acts of corruption in government institutions (because the blockchain is able to make and save these records without being able to be deleted).
September 07, 2018, 01:21:57 PM
Blockchain technologies cant be developed without crypto both the crypto and blockchain both work one to one in tandem we can expect both grow individually
September 07, 2018, 12:03:20 PM
I think so, yes. I have read somewhere that the blockchain technology will be used in virtual reality. Even without cryptocurrency, other business industry can still run on blockchain and not just cryptocurrency.
September 07, 2018, 12:01:14 PM
As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
Without cryptocurrency I don’t really see any use for blockchain. Blockchain is meant to run alongside cryptocurrencies and they are meant for cryptocurrency, without cryptocurrency there will be no use for blockchain unless maybe they will find something else to do with it, but I don’t see any useful thing that they can create on the blockchain which is not cryptocurrencies like bitcoin.Is this possible happen in the future? If so, how?
I kinda agree with this and I'm surprised this hasn't come up sooner in this thread.
Blockchain without the cryptocurrency aspect could exist, sure, but what's interesting about that.
You'd just have a public ledger, but no incentives for processing transactions. It's cryptocurrency together with a blockchain what makes it revolutionary.
September 07, 2018, 11:47:08 AM
I think blockchain technology can live without cryptocurrency but i think it will not continue its development because blockchain technology has started its popularity because of bitcoin and cryptocurrencies, so i think blockchain will be no use without cryptocurrency.
September 07, 2018, 06:34:37 AM
As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
Without cryptocurrency I don’t really see any use for blockchain. Blockchain is meant to run alongside cryptocurrencies and they are meant for cryptocurrency, without cryptocurrency there will be no use for blockchain unless maybe they will find something else to do with it, but I don’t see any useful thing that they can create on the blockchain which is not cryptocurrencies like bitcoin.Is this possible happen in the future? If so, how?
August 16, 2018, 08:24:47 AM
I believe that the answer is yes. The technology itself can be used in various areas, like in logistics, procurement, finance, insurance, etc. Tech giants and national banks are also considering to implement the blockchain technology, so I think the future could be bright even without cryptocurrencies.
August 16, 2018, 08:19:06 AM
Surely, the use of blockchains can be applied to many other organizations as well as platforms without cryptocurrency. The use of Blockchain Technology is adopted by the new industry and will continue continuously. Over time, its use has continued to grow. It will never stop by Bitcoin or Altcoin.
It's all in the elements to create this technology era. Each sector is connected to each other to create a great work. And the special thing here is that it can not be lacking, this is complementary to that. It is very difficult for Blockchain to go alone without electronic money. This is unlikely, I believe it is. August 16, 2018, 06:53:28 AM
Of course, the cryptocurrency is just the application of the blockchain! The cryptocurrency is just the money needed to maintain the operation of the blockchain!
Many technology companies do not need to maintain and run projects through cryptocurrencies!
Many technology companies do not need to maintain and run projects through cryptocurrencies!
August 16, 2018, 06:26:35 AM
Blockchain is technology. The method of its application can be different, and the degree of decentralization is only a parameter that can have different values.
August 03, 2018, 05:15:18 AM
As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
Is this possible happen in the future? If so, how?
Most probably yes, blockchain does not only tackle on cryptucrrency only, and hopefully we can find something new which would develop through blockchain aside from cryptocurrencies.
August 03, 2018, 05:08:20 AM
Of course, it is possible! Cryptocurrency is just one of many different blockchain usability methods. For example, we know that ethereum has a smart-contract function, that might be used in a variety of human daily activities.
I also hope to find something new. To better the electronic market, and not sell the electronic money clean, directly affect the investor community. Hope e-money makers study them scientifically and for value to the community. The main purpose is to promote the global economy. July 03, 2018, 09:48:36 PM
sure. BTC is simply a financial market. It's like forex, and blockchain is technology.
June 19, 2018, 12:08:27 AM
As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
Of course, blockchein technology can be used separately from crypto currency. This primarily can be where you need to safely store the data of large information bases for use by various consumers in the online mode. It can be any large amount of information that must be protected from outside interference, but which must be put on public use on the Internet. There are as many ways to apply blockchein technology. Is this possible happen in the future? If so, how?
June 17, 2018, 12:19:49 PM
Of course, it is possible! Cryptocurrency is just one of many different blockchain usability methods. For example, we know that ethereum has a smart-contract function, that might be used in a variety of human daily activities.
Artificial Intelligence and blockchain technology are a match made in heaven. Blockchains can feed AI data safely and securely. Sensitive and personal data can be used to improve our lives and the lives of future generations, and with blockchain tech’s encryption, the information will remain anonymous and immutable. June 17, 2018, 11:54:44 AM
I think the block chain technology will be difficult to develop if it leaves the encrypted currency. The encrypted currency is an incentive system, and the block chain technology that is not motivated is not a real block chain.
June 17, 2018, 03:00:00 AM
Blockchain is the establishment of cryptocurrency, Cryptocurrency isn't the establishment of blockchain. It is only one utilization of blockchain's appropriated open record framework.Blockchain can positively create without the cryptographic money. Particularly in any information serious areas like land records, protection records, restorative records
June 16, 2018, 02:25:20 AM
As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
The technology blockchein can really be used in various sectors of our economy and in general our lives except for crypto currency, including where it is necessary to safely store large databases. So, in my country blockchein technology is used to store data of the land cadastre, that is, data on the status and characteristics of each land plot in the state and its owner. Is this possible happen in the future? If so, how?
June 15, 2018, 11:34:33 AM
Not just in the future, blockchain is being used not just for cryptocurrencies now. It's being used for audit processes, supply chain transparencies and even file security. If you've been or watched blockchain conferences you'd see a lot of companies or businesses incorporating blockchain in their system. Deloitte has been a fan of blockchain technology for a long time.
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