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Author Topic: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY  (Read 6513 times)

Offline naitik01

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Re: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« Reply #15 on: November 08, 2020, 03:54:55 PM »
The famous blockchain technology has been achieved by bitcoin, it is being used in every field of technology today. Blockchain technology has spread the digital currency and has been used successfully.

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Re: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« Reply #15 on: November 08, 2020, 03:54:55 PM »

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Offline Tnoy30

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Re: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« Reply #16 on: November 08, 2020, 04:15:12 PM »
The future of blockchain and cryptocurrency is much better. Bitcoin is one of the special members of the blockchain. Bitcoin transactions are most common in the developed countries of the world. Such as America, China, Japan, Canada, these developed countries have come a long way in using blockchain technology. These developed countries are behind the popularity of Bitcoin. A lot of bitcoin transactions are done in developed countries. So Bitcoin is very valuable because the people of developed countries are well-wishers of Bitcoin.

Offline Dociko

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Re: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« Reply #17 on: November 08, 2020, 10:23:31 PM »
Blockchain is a technology that has been able to spread around the world. Because the popularity of blockchain technology has increased a lot since the addition of bitcoin blockchain technology. If a transaction is made in Bitcoin, it is considered as a blockchain transaction. The transactions and popularity of Bitcoin or other cryptocurrencies are increasing at the same time. Thus, the market is improving day by day. So the best currency for blockchain technology is Bitcoin.

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Re: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« Reply #18 on: November 08, 2020, 10:49:51 PM »
Isn't it clear now how the blockchain will develop in the future?
Today, many industries, offices, companies, as well as governments and institutions are implementing and adopting blockchain technology for various sectors. This implementation will certainly encourage blockchain development to be more advanced and accepted in various fields.

Offline cryptopediabd

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Re: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« Reply #19 on: November 08, 2020, 10:54:38 PM »
The longer the innovation and project made by this blockchain are getting way better and more modern. I think there's no reason for blockchain innovation to be crushed. I need blockchain innovation to be encourage moved forward.
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Offline debra

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Re: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« Reply #20 on: November 08, 2020, 11:25:32 PM »
Blockchain is a technology, we shouldn't doubt the future of Blockchain. I see a great future for Blockchain because the adoption is getting bigger and bigger. I think in the next several years, people will be familiar with Blockchain, and possibly many companies already used it for business purposes.
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Offline Tanimariya

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Re: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« Reply #21 on: November 09, 2020, 09:08:38 AM »
Bitcoin or other cryptocurrency transactions can now be done with banks in all countries of the world using blockchain technology. Although Bitcoin is not approved worldwide, it is possible to make bank transactions through Bitcoin in countries where it is approved. That is considered a blockchain transaction. The value of blockchain has increased a lot since the advent of Bitcoin ‌ so I think blockchain technology is meaningless without Bitcoin. That's why Bitcoin has become such a popular currency

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Re: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« Reply #21 on: November 09, 2020, 09:08:38 AM »



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Re: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« Reply #23 on: November 09, 2020, 10:12:38 AM »
I also think this is the early stage of cryptocurrency and blockchain technology. And another thing I blockchain is not only used in crypto space is a very unique technology that can be used in many sectors especially scientific research and technology. So there are many spaces and chances for blockchain to evolve.
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Re: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« Reply #24 on: November 09, 2020, 11:17:42 AM »
Blockchain technology is the largest and most powerful technology in Cryptocurrency world. Most of the bitcoin accpetd countries are preferring to blockchain technologies. If many technology appear in market but blockchain technologies never be non demand. It still very important and popular.
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Re: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« Reply #25 on: November 09, 2020, 12:55:42 PM »
For me the progress is clear enough that can be seen this day. I think the introduction of cashless or transaction online platform is being use this days where very timely at this current worldwide crisis due to covid 19. People are aware that using online payment is more advantage than traditional system. Today actual payment is risky to covid but online is safe.
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Re: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« Reply #26 on: November 09, 2020, 02:45:47 PM »
To me it seems like on the long run central bank digital currencies is where we are headed in terms of financial implementation of the blockchain.
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Re: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« Reply #27 on: November 09, 2020, 04:34:55 PM »
Blockchain is a technology that is discussed and popular in the world of cryptocurrency. By capitalizing on this technology, various types of cryptocurrencies have improved in the market. Blockchain is a very advanced technology. I agree with you that the prestige of blockchain technology has increased many times since the Bitcoin market was attacked. So with this technology, cryptocurrencies will be able to improve. So blockchain technology will spread as a more advanced technology in the future.
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Re: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« Reply #28 on: November 09, 2020, 05:12:35 PM »
Cryptocurrencies of all types make use of distributed ledger technology known as blockchain. Blockchains act as decentralized systems for recording and documenting transactions that take place involving a particular digital currency. In Blockchain chain technology we can use some applications which will better for our everyday life. Here I mention some applications those are Cross-Border Payments, Smart Contracts, Identity Management, Supply Chain Uses. I think according to the facility Blockchain Technology will be the future of life.

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Re: WHAT IS THE FUTURE OF BLOCKCHAIN TECHNOLOGY
« Reply #29 on: November 09, 2020, 05:22:55 PM »
Blockchain technology has become popular due to its successful adoption for cryptocurrencies like Bitcoin. This distributed digital ledger has many advantages as it can keep the records of all data or money transaction made between any two parties in a secure, immutable, and transparent manner.
Last year, the concept of blockchain started to capture public attention. Experts predict blockchain technology will be implemented for various industries and expect that the future of blockchain is to revolutionize traditional business processes. However, the pros and cons of blockchain show that it’s not as easy to do as it seems.
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