Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Domithra on July 04, 2018, 06:36:51 AM
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Every innovative creation is subjected to change irrespective of how furnished it may appear after its creation, additions and deductions will take place in the course of its operation. The Blockchain technology was more liberal during its early times but now facing a lot of governmental impacts here and there. Now, the impact is on KYC and AML. Who knows what may happen next?
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Everything about blockchain technology will definitely be embrace by all sundry and even government will have no options than key in. From banking and secure communications to healthcare and ride-sharing, blockchain will have a huge impact on our future.
Now, society today is filled with uncertainty and trust issues, and with valid reason. To be sure your purchase is really helping a coffee bean farmer in Ethiopia or that your date is actually who they say they are, you’d need a system with strong security where records are stored and facts are verified by many witnesses so that no one could cheat it.
This is called blockchain. No central person or company owns it. Rather, information is stored across a system of many personal computers so that there is no middleman. It’s decentralized and distributed so that no one person can take it down or corrupt it. However, anyone can use the system and help run it, as information is protected through cryptography.
I think blockchain will always continue to improve and not dwindle.
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If you look at the recent news about blockchain, you will be pleased to know that
- USA launched HoweyCoins
- IBM-Powered Blockchain platform completes first live Trades via five major banks, one is HSBC.
- Amazon brought crypto domains
...etc
So, I hope blockchain won't dwindle.
Thanks :)
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Yes everything about blockchain (bitcoin and altcoins) will definitely change the ways things are been done before cryptocurency came, and believe it or not, we gonna see more and more improvements plus more acceptance world wide. In a nutshell, cryptos is the future of money in my opinion.
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It has not been an easy journey though.But I think Blockchain has tried its maximum best I can say Kudos to it. Although we have nothing in mind about what will happen next but I think a time will come for the blockchain to be a leading instrument in the world.