Should we trust blockchain technology?

[Adrian]

I think we can trust blockchain technology because it is the technology of the future. It seems to me that with the development of internet, blockchain will also develop more and more in the future

[djprobsbd]

Yes, I trust blockchain will be a great technology in future. Even today it is pretty much applied, More and more new applications use blockchain technology are coming out.

[laughingburger]

I think we can trust blockchain technology because it is the technology of the future. It seems to me that with the development of internet, blockchain will also develop more and more in the future

That is definitely this case when the technology become more advance blockchain will definitely follow after it so as not to be obsolete. Blockchain technology does not only bring in crypto but also solutions to solve problems in the current world.

[paolobaltimori]

Blockchain is a technology that can be used in various sectors and I think that in next 5 years we will see a big development around that.

[capt ronald]

I think we can trust blockchain technology because it is the technology of the future. It seems to me that with the development of internet, blockchain will also develop more and more in the future

yes in this digital world we really need to trust blockchain technology to records all our transactions because this is the only technology to enable us to work efficiently and accurately.

[RedzoneASE19]

Yes Ofcourse, It's been awhile already that blockchain over powered the overall situation.

[Dinid]

Nice post.
Blockchain technology is very good I think.
This technology can be very useful if this applied correctly, by the right person.
Maybe, blockchain can be integrated into the banking system or payment system. Looking forward for this implementation.

[Vakaxacompany]

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[Devan1996]

Hello friends we can full trust on block chain technology so you have all btc send on block chain wallet and fell relax,Blockchain technology is very good I think.
This technology can be very useful if this applied correctly, by the right person.
Maybe, blockchain can be integrated into the banking system or payment system. Looking forward for this implementation.
 

[Bruks]

Well, as far as I believe trust is the key factor for relying on anything, where it is the current system that we are working on where people trust the third party, or it is Blockchain where we ditch the third party, and the person has to trust on the technology itself.
Let me try to elaborate it for you, for example, if there is a trade between two parties and there is a transaction that needs to be done, in the current scenario, they need to trust the third party platform which could be the bank or  any wallet. However, if we bring Blockchain into the picture, then we eliminate the need for the third party. Blockchain allows peer-to-peer transactions which mean there is no need of the third party, the two people deal with each, and they trust the technology to go ahead and do the transaction. An important point to note here is that all these transactions are uploaded in the digital ledger called Blockchain and is easily auditable.
This brings me to define the term Blockchain for you. The Blockchain is the digital distributed ledger. It is a platform on which the transaction takes place, and the information gets uploaded on the digital ledger.