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Author Topic: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY  (Read 6506 times)

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WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« on: November 07, 2020, 02:22:09 PM »
Ten years down the lane. after the launch of bitcoin which made the blockchain technology popular. there has been thousands of blockchain project and many are still coming.some believe that we are still in the early stage while others believe that the technology has gone far. Major technology companies has already started aligning themselves with the blockchain while some are still watching from behind(banks).
Do you think this technology has arrived and we have already made progress.
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WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« on: November 07, 2020, 02:22:09 PM »

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Offline Mexite

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Re: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« Reply #1 on: November 07, 2020, 04:17:34 PM »
Looking at the space, I can say blockchain has advanced though not yet near maturity. Once developers can feasibly solve the scalability problem for large-scale use (not the testnet type) without compromising security and decentralization, we will have more traditional use of the technology.

Now we are seeing some large corporations building their own blockchain while some are partnering with existing solutions for some aspects of their business, it is just a snippet of the future. We aren't there yet but we are gradually approaching it.
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Offline wawan96

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Re: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« Reply #2 on: November 07, 2020, 04:57:55 PM »
blockchain technology has developed rapidly and made a change in many industries, almost all sectors have entered and now this technology has covered everyone and certainly, this technology has made this era more advanced and developing.
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Offline Coin63@

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Re: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« Reply #3 on: November 07, 2020, 05:01:38 PM »
blockchain technology has developed rapidly and made a change in many industries, almost all sectors have entered and now this technology has covered everyone and certainly, this technology has made this era more advanced and developing.
Yes brother you can just say very much important things to that blockchain technique and technology still getting popular and effective because PayPal few days ago accpetd blockchain projects, bitcoin, ethereum, bitcoin cash and litecoin.

Offline Paglamon

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Re: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« Reply #4 on: November 07, 2020, 05:36:36 PM »
The popularity of blockchain technology has multiplied since the introduction of Bitcoin. Because Bitcoin has played an important role in blockchain technology. Bitcoin is being used for large amounts of foreign exchange transactions. So basically blockchain technology is popular. However, there are many blockchain projects in the market. Some people think that blockchain technology is not advanced. So many people do not believe in blockchain technology. However, new blockchain projects are underway in the market. So I think, blockchain technology is a blessing for cryptocurrency.

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Re: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« Reply #5 on: November 07, 2020, 05:46:09 PM »
Blockchain technologies help to develop various areas and due to blockchain technologies many other technologies and areas have been improved, but unfortunately, not all possible areas are using blockchain technologies yet, so I think that blockchain technologies will be constantly improved and therefore more and more different areas will start using blockchain technologies.
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Offline I-Bit

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Re: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« Reply #6 on: November 07, 2020, 10:59:03 PM »
The future of blockchain technology?
As we can see the development and adoption of blockchain technology in the real world, it has been adopted for this era. Blockchain technology is used not only for cryptocurrency but for many more sectors. We can see many countries have implemented and adopted the use of blockchain technology in sem sectors likely financial system, health, economy, agricultural,  and many others. And here, I believe that blockchain technology will develop again in the future.

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Re: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« Reply #6 on: November 07, 2020, 10:59:03 PM »


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Re: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« Reply #7 on: November 07, 2020, 11:34:03 PM »
Blockchain technology will remain such a technology for life. But technology will be more advanced. The more the demand for transactions increases, the more technology will improve. Every coin in the currency market is a member of the blockchain. I think there is no reason for blockchain technology to be destroyed. However, no one knows whether any new technology will come to the world, everyone is unknown. That's why everyone calls Sail the best technology. I want blockchain technology to be further improved.

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Re: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« Reply #8 on: November 08, 2020, 01:56:06 AM »
I see the future of Blockchain technology as very good. And there are so many newcomers who really support this blockchain. The longer the technology and projects created by this blockchain are getting better and more sophisticated. I am sure it will last for a long time.
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Re: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« Reply #9 on: November 08, 2020, 06:50:54 AM »
Bitcoin has a role to play in increasing the popularity of blockchain technology. Because the popularity of blockchain technology has increased since the advent of Bitcoin. There are thousands of blockchain projects on the market. Some of these projects may not be successful and some may not be successful. However, the implementation of such projects in the market is a mystery. However, the standard of blockchain technology is above dignity. Popular and large members like Bitcoin are part of the blockchain. There are many transactions around Bitcoin at different times. It is a part of blockchain transactions. However, blockchain technology will improve in the future, there is no possibility of destruction. Everyone is already beginning to trust blockchain a lot.

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Re: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« Reply #10 on: November 08, 2020, 07:15:21 AM »
Blockchain is a new technology in this century about transparency, honesty in many parties.  I believe this technology will bring many benefits to all sectors, maybe now it can only be applied in the financial sector (with its digital currency) and voting (now being tested on the Waves platform).  I will monitor and follow technology developments related to Blockchain.

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Re: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« Reply #11 on: November 08, 2020, 08:30:37 AM »
Yes, The popularity of blockchain technology has grown even more since the advent of Bitcoin. Above all, blockchain has gained a reputation as an advanced technology. Because Bitcoin is a currency that is used by users all over the world. Bitcoin currency is prevalent all over the world, so it has helped to increase the popularity of blockchain technology. Bitcoin is the most popular and active member of the blockchain. Bitcoin is known to be the most powerful in the cryptocurrency market. And everyone believes it.
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Offline Lenipiw

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Re: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« Reply #12 on: November 08, 2020, 02:18:42 PM »
Using blockchain technology, it is possible to transact with all countries with Bitcoin or with any cryptocurrency. The prestige of blockchain technology is much higher. Blockchain is the right place for the day. The most popular currency is Bitcoin. This transaction is currently user-to-user. However, in some countries it is possible to transact through traditional banks. So there may be different mediums for transactions, but Bitcoin is the best and one of the mediums. This is a product of blockchain technology. I think the technology will survive.

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Re: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« Reply #13 on: November 08, 2020, 02:44:15 PM »
The new project will offer the new systems and technology they have developed for crypto users, where the new project will offer convenience in transacting crypto.
On the other hand, some countries have seen the negative side of crypto because there are many frauds and there is no member of the government to regulate cryptocurrency, as I think that transparency in blockchain technology will make some government members who are caught in corruption will reject this system.
But I will always campaign for the use of blockchain technology in social media for better transparency of transaction systems than banks and other traditional transaction systems.

Offline highnayem34

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Re: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« Reply #14 on: November 08, 2020, 03:45:36 PM »
Major technology companies has already started aligning themselves with the blockchain while some are still watching from behind(banks).
Do you think this technology has arrived and we have already made progress.
Yeah dude that indicates blockchain is contributing electronic media which far away than banking system. It's too fast to send money from one area to another whoever have wallet with internet connection. Obviously Blockchain technology already made huge progress.
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