Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: VeryWellDone on July 04, 2020, 05:22:04 PM
-
Blockchain technology is already starting to intrigue companies, from their CEO's, dev & tech team, etc. As the digital world evolves, the more these businesses should start thinking about leveling up their existing system.
The security token sector has been predicted to potentially become a trillion dollar market, and established financial institutions are now taking an active interest in blockchain-enabled solutions. The technological foundations that does these things like XYM from the NEM Foundation as an example (https://medium.com/nemofficial/public-testnet-and-symbol-launch-8470713a7962?source=---------0-----------------------), may allow the project to target high-opportunity ventures.
There are solutions for a wide range of companies that require a secure, reliable, and highly efficient blockchain network that continues to innovate and break new boundaries.
So the question is, what hinders them from using it?
-
Startups interested in setting themselves and their partners up with smart contracts can make use of some of the earliest services in this space. To avoid the initial development costs of building on Ethereum, there are already blockchain companies like Symbol that can let you earn XYM harvesting rewards, including a share of rewards from other harvesters who delegate their harvesting to your node.
-
We are only in the early stage. For sure businessmen always want proof that blockain is the next mainstream or they want to see that it is viable to their businesses. For sure thaf one day they will use the blockchain technology.
-
Action speaks louder than words.
When blockchain integration become well known, it is possible that businesses willingly use blockchain. Maybe the owners need a strong evidence before dive in to the system for short and long range.
-
Blockchain technology has long been used for business. However, there are still many who have not used it as of now. Now many business people use Blockchain media as payment for online shopping. More and more people have used online media to work. So most of them also know about Bitcoin as a media transfer. I am sure if in the future more and more people are using blockchain for business.
-
It is difficult to convince an industry to use the blockchain moreover if they do not know about this technology. They may only know about the crypto as the blockchain. Therefore, you must tell them about what exactly blockchain nd what benefits to get really.
-
Well, there is no other way but to educate them about the functions and advantages of using Blockchain technology in their businesses because the blockchain as an emerging tool to further develop their businesses in terms of efficiency in monitoring the supply chain, manufacturing, etc. thats why using Blockchain is a game-changer for businesses.
-
I think we are already doing enough to convince businesses and the entire world to adopt blockchain technology and cryptocurrency. Spreadsheet the word about the potential of blockchain technology and cryptocurrency is the best way to convince businesses to adopt this technology.
-
The application of blockchain technology in operation has been the goal of many companies since 2018, even many countries. However, they have a problem with technology because not all organizations have blockchain engineers available, legal issues when issuing a separate token used in payment & user fitat habits.
I think first they need to wait for the legal framework related to crypto. They then need to look to the BaaS = Blockchain as a service projects to easily use blockchain technology via friendly API.
-
Blockchain technology has long been used for business. However, there are still many who have not used it as of now. Now many business people use Blockchain media as payment for online shopping. More and more people have used online media to work. So most of them also know about Bitcoin as a media transfer. I am sure if in the future more and more people are using blockchain for business.
Time will past and it will be, there are still many people not aware about blockchain technology. In our country some are using block chain as an payment this could be a good sign and slowly people will adapt from it.
-
In our country some are using block chain as an payment this could be a good sign and slowly people will adapt from it.
Where is your country, mate? Anyway, we use crypto to pay something, not blockchain. In my country, we still cannot use crypto or utilize blockchain for payment purposes. However, it is getting popular in my society about crypto assets. Regarding the use of blockchain, if it is starting to use massively, then will be easier to convince people to join. As in your country, it is a good sign, mate.
-
Almost all states are now very actively switching to using blockchain technology. Even the Chinese government, which is generally hostile to cryptocurrency, is very serious about the introduction of advanced technologies based on the blockchain.
Commercial enterprises do not need to be encouraged to use blockchain technology, they themselves will do it very quickly when suitable conditions arise for this. For them, first of all, they need an appropriate regulatory framework that would allow this to be done. After that, they will improve their work efficiency themselves.
-
Businesses should be mature enough to research themselve about what is the new tech that can help with their everyday business procedures although awareness is growing at a global level but i still think it will take time to be adopted across the world.
-
There are several companies that are willing to use blockchain technology for their own advantages. Every agricultural sector also involved there. We have already seen many real estate projects that use blockchain for their business. I think what you are talking about is a universal acceptable payments system. I think this will happened too.
-
We can do many things to make businesses to use blockchain tech, just do what we can do. Although I am not really sure about the effectiveness. However, at least we have tried to convince them. For example, we can make a video or article and share them on youtube or blogs about the advantage of blockchain tech.
-
Business structures do not need to be convinced to use blockchain technology in their activities. They themselves see the benefits of this technology and will use it whenever possible. The only question is that the states do not interfere with this. It is necessary that the legislative level does not create obstacles to its implementation. However, in general, all states have a positive attitude towards blockchain technology and have intentions to actively implement it in all spheres of life. Therefore, I do not see any problems with blockchain technology.
-
Blockchain technology is used in most cases. Blockchain is used for online money transactions. Blockchain is used in big markets like Amazon. Again many blockchain workers have been hired there. So this is very good news. The reason for hiring is so that people can take advantage of transactions in blockchain. I know that future blockchain business will expand. The blockchain will gain people's trust.
-
I think the trust and legality of blockchain projects. Businessman are also concern about these things, there are lots of blockchain projects that has been accused of scam and proven to be scam, so the view of many investors that wanted to tie up is possibly become a hindrance due to these issues. I know there are good blockchain and trusted to use on business but these facts are real and become a major problem in the cryptocurrency. Especially it is not governed by authorities.
-
This Blockchain indeed has a very strong power because Blockchain has a very high level of privacy and uniqueness to break every block in the cryptocurrency chain.
I also often think that in this world using Blockchain technology it will get better because it will be transparent to the money sent and received.
This is my solutions for all Banks in the world ,so everyone can change this solutions for better in teh future . Thanks
-
Business customers often place security and limited access to corporate data on importance. Blockchain means protecting information by bringing it into a distributed network, encrypting the chain's blocks with a hash function, thereby minimizing the risk of system hacking and third party system intrusion.
-
An example in the use of blockchain technology must first be shown by states. Almost all states are now declaring their intention to master this technology. Over time, many specialists on these issues will appear in government agencies, the results and advantages of blockchain technology will be visible and business structures will themselves be pulled to implement this technology.
Therefore, business structures do not need to be forced to implement this technology. At first, this will even push them away and the effect will be negative. It is only necessary to show its advantages, business structures themselves, over time, will begin to quickly implement this technology.
-
Now many companies are starting to implement the blockchain system. Because this system is highly integrated, this blockchain system is also quite sophisticated. Even some bounty projects have been able to be applied directly in the real world. So I am sure that soon more of us will encounter this blockchain system in everyday life. More and more are implementing it in their business.