Altcoins Talks - Cryptocurrency Forum
Further Discussions => Blockchain Technology => Topic started by: Nostoman on November 14, 2020, 08:52:00 AM
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Transactions are the easiest and fastest in blockchain technology. Currently, the importance of blockchain transactions has increased all over the world. Blockchain transactions have changed, especially in the cryptocurrency world. However, centralized and decentralized (DeFi) is playing an important role in taking the blockchain one step further. The Ethereum platform has improved a lot. If all the banks in Bangladesh officially start trading in blockchain technology, the development of the country services and financial transactions will be much easier. It will bring new plans in the economy. The percentage of total assets in the country will increase. As the demand increases, it will make the country development oriented. What is your opinion?
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DeFi is just one product of blockchain technology and there are dozens of others, while defi has huge potential and i think it will boom after more infrastructure and better platforms are developed in this sector also after the successful launch of eth 2.0 will also help in the adoption of defi because cheap and fast transactions will be available.
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I agree on the blockchain technology that would surely aid economy to progress however, there are countries that don't recognise blockchain contribution in their economy some are just banning Bitcoin and other crypto currency to be use or circulate in their economy.
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Blockchain technologies are becoming more and more popular and in demand, and this is obvious why, because any sphere develops much faster and better if it uses blockchain technologies, and most importantly, blockchain technologies are constantly evolving and thereby open up more new opportunities for those who will use blockchain technologies.
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Blockchain technology is spread all over the world. Emphasis has been placed on blockchain technology around the world. Blockchain technology abounds. No third party benefits from blockchain technology. The transaction is only between two users. As a result, it is possible to transact many assets together in a very short time. The whole world says that users of different countries benefit a lot by transacting in technology. Technology is considered the best technology.
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I think you are talking about the country's CBDC with its advantages of high speed & low cost, and cash flow can be controlled transparently.
In addition to the payment issue, blockchain technology can be applied in more fields such as election, education, healthcare, and supply chain. At the same time, smart contracts provide the flexibility to efficiently apply blockchain technology to small ecosystems.
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The use of blockchain technology is widespread worldwide. Bitcoin, cryptocurrency has transactions and popularity all over the world. As the use of cryptocurrencies increases around the world, blockchain technology has become more advanced. The use of blockchain technology is widespread worldwide. So blockchain has occupied huge chains all over the world.
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No doubt Blockchain is a useful technology that's why many possible uses are waiting for this cutting-edge technology I believe it will be used in most industries and not just only for cryptocurrency-related uses.
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Blockchain is indeed a very smart and good technology. I see some of these blockchain projects are even so smart and also have the potential to be applied directly in everyday life. This is a technology that really supports us to be independent.
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Blockchain technology is an advanced technology. Blockchain technology is widely used in the developed world. Although it is widely used in cryptocurrency, it is also used in various financial institutions, education, healthcare and other services. The popularity of blockchain technology around the world is growing day by day; Our country is also thinking of using it in the banking sector, but they have no desire to legalize cryptocurrency.
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Every country has the use of blockchain technology. In countries where cryptocurrency is used, blockchain technology is widely used. However, cryptocurrency is used not only in Bangladesh, but in all countries of the world. So it is possible to transact in blockchain technology from all countries of the world. Advances in technology have led to more and more use of blockchain technology. There is so much more emphasis on blockchain transactions around the world.
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If all the banks in Bangladesh officially start trading in blockchain technology, the development of the country services and financial transactions will be much easier. It will bring new plans in the economy.
Are you saying that there are now banks in Bangladesh that are using the blockchain and involve in trading? Thus thing is amazing because the bank are participating in crypto but I'm just wondering if hoe does it working because bank is centralized.
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Now a days Blockchain Technology is the most effective technology in the civilized world. The modern people can not think anything with out Blockchain Technology. Most of us think that Blockchain Technology is for crypto currency but this is not true now Blockchain Technology use in every aspects of life like Educational Institute, Health Care Center, Economic Sector etc.
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Blockchains offer an immutable ledger of data without relying on a central authority—that's core to the hype behind the technology. But the cryptographic machinery behind blockchains is notoriously slow. They retain central entities that control the data, doing away with the central innovation of blockchains.
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Blockchain technology specializes not only in cryptocurrency, but also in many other areas. Blockchain technology has brought about such a groundbreaking change in the world that money transactions are becoming more and more common. The big companies of different countries are enjoying a lot of benefits by transacting in blockchain technology. As a result, all the major companies in the world have recognized blockchain technology.
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I think Bangladesh can apply cryptocurrency for their economy sector. This will change many things, transparency and fast, and cheap transaction speed will be easy to achieve, especially with the DeFi project at this time.
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Blockchain is an advanced technology. Balakchi technology is one of the most important cryptocurrency markets. Advanced technology may come in the future, but blockchain technology will not be able to accept any technology rate. Most of the successful coins are made around blockchain technology. The greatest importance of blockchain technology has helped to make transactions in the cryptocurrency market more advanced. Most cryptocurrencies are developing using this technology.
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Blockchain is the great technology which is very much needed to our life especially in commercial Sector , In banking system and other economic platform. Now government authority tries to take advantages form it by educational institute and Health
care also. According to my perspective it would be form any other technology.
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Blockchain is considered one of the best technologies. More different project platforms are used. Most investments are made in blockchain platforms. Blockchain technology is widely used around the world. Bitcoin has helped currency technology go further. So blockchain technology has the highest status in Bitcoin.
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I think Bangladesh can apply cryptocurrency for their economy sector. This will change many things, transparency and fast, and cheap transaction speed will be easy to achieve, especially with the DeFi project at this time.
I also agree with you. I also think that if Bangladesh can apply to the economic sector for the approval of cryptocurrency. But I think Bangladesh will go a long way. Because it will play an important role in the economic sector. Blockchain needs to be used more as a technology, which will help make the country a developing country.
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Blockchain is the greatest technology to man after the Internet. It has changed our global vision and the way we interact. It has improve on financial transactions and store of information.
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If blockchain technology is allowed in Bangladesh, Bangladesh will be able to keep pace with the developed countries of the world. Countries that have approved blockchain technology have been able to make a lot of progress. Cryptocurrency transactions help move the country's economy forward. Cryptocurrency plays an important role in the development of any country economy. So I think that if cryptocurrency or blockchain is approved in any country, the country will improve.
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No wonder. We can find benefits of blockchain technology that are not only about the high technology used but also the impact of using it. It leads the work to be more effective, efficient, simple, transparent, fast speed, and also easy to operate and check by everyone, everytime, and everywhere. that is why nowadays many companies, countries, government, and also institutions try using blockchain technology to support their systems and updates
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Of course, Blockchain is a great technology. It has been adopted by various parties. Companies, banks, stores, and many others else have tried Blockchain technology to improve their capability/performance. I think Blockchain technology has a great future and possibly to use for all fields in human life.
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In my personal opinion, whoever who are ready and also aware of the importance of technology will always consider Blockchain technology. Many mores sectors are also now concerning to use of blockchain technology. As we know, blockchain technology is not only related to the crypto but more than this. So, it really opens the chance for many more institution and also companies to make their best performance by using blockchain technology
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Blockchain technology is indeed a modern technology and is more advanced than other technologies, with Blockchain work can be done more quickly and easily. I think anything that uses this technology, it will go faster than others.
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I think Bangladesh can apply cryptocurrency for their economy sector. This will change many things, transparency and fast, and cheap transaction speed will be easy to achieve, especially with the DeFi project at this time.
true, blockchain technology will be very good for developing countries like Bangladesh...
the way we transact and also the technology we use must develop, so every country actually has to start applying blockchain technology.
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In addition, blockchain is far more secure than other record keeping systems because each new transactions are encrypted and linked to the previous transactions.
Again, it's decentralized nature also gives it a unique quality of being trustless, that is, parties do not need trust to transact safely.
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Blockchain is widely used as the best technology in the world. Every cryptocurrency has been able to improve using blockchain technology. Cryptocurrencies that are in high demand in the market. All those cryptocurrencies are members of blockchain technology. No coin can come into the market without the use of blockchain technology. No coin can actually improve in the market. So blockchain is considered as an advanced technology.
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Transactions are the easiest and fastest in blockchain technology.
Blockchain benefits are not only related to the transaction. And blockchain technology is not only implemented in the crypto world. We all know that Blockchain technology has been adopted in many sectors outside of crypto. SUch as for storage data, health system, logistics, and many more. So, it is important that we know that blockchain is definitely developing
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The greatest importance of blockchain technology has helped to make transactions in the cryptocurrency market more advanced. Most cryptocurrencies are developing using this technology.
Blockchain is the solution of today's economic system, especially the way a person makes transactions. Before blockchain existed, it was difficult for someone to make transactions between countries and now everything is easier, faster and cheaper, and this is also supported by the existence of stablecoins that one does not have to worry about the value of their assets decreasing due to the very high volatility of bitcoin.
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Based on what I have seen in the blockchain industry past years reviews to me and many people that blockchain is actually a great technology to embrace by many but in their other hand blockchain technology can suffer in the hand of wrong people.
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Blockchain, the underlying technology behind many cryptocurrencies, has spread far outside of the digital currency industry and is likely to see new applications. We do know one thing for sure: cryptocurrencies and Blockchain were once positioned to upend the entire financial system.
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Blockchain is a great technology and now the world is improving a lot with the crypto market in tandem with blockchain technology every task of the crypto market is becoming much easier. The speed of transactions has increased and the exchange of information is becoming much easier if the trend of blockchain technology continues the whole world will become digital.
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Blockchain technology is indeed a very interesting technology. Where everything is well decentralized. And it would be great if this system could actually be implemented.
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Blockchain technology is very amazing and effective. This technology is so breathtaking that it's difficult to hack, or cheat the system. It's an important digital technology. It's a smart technology and it keeps the documents safe. This technology is based on peer-to-peer topology. This technology keeps every single information about transactions.
Blockchain technology is a pretty secure system. But we can't say that it's 100% safe.
But overall it's a very fruitful technology and helpful for us.