Altcoins Talks - Cryptocurrency Forum
Further Discussions => Blockchain Technology => Topic started by: AltLogan on May 14, 2019, 11:38:33 AM
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Blockchain already implemented in many industries, which do you think will be the next big one?
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To be honest, I don’t know where the blockchain technologies are not involved, because if to think, then the blockchain technologies probably works almost everywhere or in some industries blockchain technologies are only testing at the moment, so it’s hard to say.
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I would go for the renewable energy sector. Projects like Power Ledger, WePower, WPPEnergy are slowly making a wave. It's a much needed change and the integration of blockchain may speed up developments.
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It is true but the power to make waves from the Energy project is very difficult to raise prices in the market for cryptocurrency trading.
Whether it's in the form of a system, community or finance, it is certain that the Energy project is difficult to grow in the near future.
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I am seeing some projects exploring the remittance and payment sector, I don't think it will generate a lot of attention but others might be interested. If these blockchain projects can deliver a better platform with cheaper fees, then it might boom.
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There are many possibilities. However, currently the most likely are in the field of games and betting. However, it does not rule out other sectors. Currently Blockchain has been implemented for various sectors such as dibangkan and real estate. If successful, both of these can also be fast-moving sectors.
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It is true but the power to make waves from the Energy project is very difficult to raise prices in the market for cryptocurrency trading.
Whether it's in the form of a system, community or finance, it is certain that the Energy project is difficult to grow in the near future.
It sure is not easy since it's not a simple project. The key is having strategic partnership with big players in the industry. That includes manufacturers, distributors, consumers and even government institutions.
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Blockchain already implemented in many industries, which do you think will be the next big one?
In my personal analysis about the addoption of blockchain technology related with the real of businesses is in the gambling industry because the the developer of team can make decentralize application dapps on the blockchain technology including using cryptocurrencies as wagered on the website of gambling games, the second reason why the gambling will be next big one because it is easy to be understood and played. Every one know about the gambling games and many people who loves gambling games.
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Am still thinking on which sector blockchain technology is going to conquer next wow I believe that blockchain technology is going to conquer banking sector soon as possible because in my look of things some banks are beginning to secretly adopt blockchain technology, after that government sector follows suit.
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hmmmp.
But I think from the ICO project that you have mentioned it is not included in Radar which works with government financial institutions, right?
And I see WPP Energy on ForkDelta raising its price. CMIW ;D
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Currently Blockchain has been implemented for various banking and real estate sectors. If successful, both can also be fast-moving sectors. There are many possibilities. However, currently the most likely is in the field of games and betting. However, it does not rule out other sectors. Which might be reachable by the blockchain
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The economic sector seems most probably.
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The economic sector seems most probably.
What does the Economic Sector mean?
Which Economy Sector?
It seems that your thread reply is less constructive so it confuses me and this must be fixed again when you reply to another post.
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If earlier blockchain technology could be applied only in the field of Bitcoin and cryptocurrency, now much has changed. The world of digital currencies is constantly growing. Cryptocurrencies and blockchain technology are now being implemented in various fields: in medicine, transport, for trading platforms. Blockchain is fundamentally changing almost all industries.
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Blockchain already implemented in many industries, which do you think will be the next big one?
For me It can used in Electoral system, I can imagine the electoral system powered by Blockchain for the democratic countries, Since Blockchain is a transparent and impossible to cheat it can change the political landscape specially from the countries that electoral fraud was always happen.
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Blockchain already implemented in many industries, which do you think will be the next big one?
Transportation may be great. I think it can be useful. I am thinking this because I am working in this sector. We have some problems and costs. Blockchain can solve these problems easily, I think.
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The best sector to adopt Blockchain is the economic sector. It will trigger it to develop fastly and allow many parts on the economic sector to grow supporting it. I see the Blockchain technology has already adopted there.
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I prefer the agricultural sector because it is very important to improve the quality of crops such as good quality corn, cassava and rice, some farmers are still having difficulty getting seeds and organic fertilizers suitable for plants.
The blockchain in the agricultural sector needs to be developed to make it easier for traders and farmers to provide quality products to everyone.
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One of the biggest and challenging sector that I think blockchain is going to conquer soon is government sector because it's one of the sector opposition fighting against blockchain technology but there's another one which is Bank industry that am also looking at that blockchain is going access gradually pushing but not completely conquered yet.
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Its hard to say the next big thing crypto is heading to conquer. Blockchain technology is a fast and advancing technology and new ideas are coming up on the fastest ways. If energy like the EEP is being looked at, then transportation can also come in, if its not in already. :-\
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The best sector to adopt Blockchain is the economic sector.
Good idea. Yes, the economic sector will be very suitable for Blockchain technology. I think many people that have businesses there can optimize their jobs by adopting the Blockchain technology.
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Banking maybe.
Because lately the role of Blockchain technology has been increasingly recognized for various sectors. In banking, Blockchain technology can help provide a system that is more efficient, fast, effective, and secured. Well, but maybe now in some countries it is still clashed with legality. Maybe it takes more time for the Blockchain application in the banking sector to be truly maximal.
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Banking maybe.
Because lately the role of Blockchain technology has been increasingly recognized for various sectors. In banking, Blockchain technology can help provide a system that is more efficient, fast, effective, and secured. Well, but maybe now in some countries it is still clashed with legality. Maybe it takes more time for the Blockchain application in the banking sector to be truly maximal.
then it will not be decentralized anymore.
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There are many possibilities. However, currently the most likely are in the field of games and betting. However, it does not rule out other sectors. Currently Blockchain has been implemented for various sectors such as dibangkan and real estate. If successful, both of these can also be fast-moving sectors.
Well, I mean more significant than betting and gaming.
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Blockchain already implemented in many industries, which do you think will be the next big one?
Probably the bank sector. I am imagining on the future that Banks can now accept or use blockchain tech and that is somehow I can foresee that blockchain will go. Only needed some provision on the legality but banks or some already embracing the blockchain. I heard from Philippines that the bank called UnionBank will noe deploy a stablecoin and this is a sign of innovative adoption. Which I think other bank will follow too later.
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What about the fisheries sector
maybe this will be connected with e-commerce but we also need information from every fish in the world, like new technology to see fish in a good market or not, this will make life healthier because I see a lot of fish that are not suitable for consumption but it's still for sale.
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Blockchain already implemented in many industries, which do you think will be the next big one?
Education System and Electoral System I think! Since blockchain is promoting transparency it has a huge impact on electoral system from the worlds democratic nations that often suffering of electoral fraud. and i believe its also effective on educational system.
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The blockchain concept can be enormously useful in a relatively narrow range of applications. Improvements on the Bitcoin blockchain may resolve some of that technology’s inherent problems with scalability and ecological footprint. In that case, such a version might plausibly even provide a viable backbone for a wholly new derivative of Bitcoin. It will certainly enable wide adoption of the technology for securely recording property transfers of all sorts—land, stocks, intellectual property, etc.
Currently there are a large number of ventures which seek to capitalize on the power of blockchains. Have any been yet successful? Perhaps so but only as an attraction for venture capital.
Optimistically, a radically better way will be found to provide crypto level security across a globally networked ledger with some untrustworthy participants. Bitcoin blockchain has shown the way. If such a breakthrough happens, blockchain will realize its potential. Even so, I for one, have trouble imagining stashing more than one or two globally distributed databases on more than a few ( say 100,000) nodes across the internet. Scale limits the penetration of this technology. Not a time for blind optimism.
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I think the banking sector will experience a lot of blockchain integration as some countries can testify to this already buy the coming years will witness much more in this regards
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The best sector to adopt Blockchain is the economic sector. It will trigger it to develop fastly and allow many parts on the economic sector to grow supporting it. I see the Blockchain technology has already adopted there.
That's true. But economic is right first connected with blockchain. What other industries needed?