Altcoins Talks - Cryptocurrency Forum
Further Discussions => Blockchain Technology => Topic started by: kangug24 on September 28, 2018, 01:29:14 AM
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The blockchain technology can solve many problems. It’s a decentralised, immutable, trustless ledger (database)… There are tons of scenario’s that pop to mind, basically any scenario where equal partners want to create a database between them, but don’t fully trust one partner to run a classical database out of fear this one partner that hosts the db would tamper with the data.
You can use a blockchain database to store insurance information and share it between insurance companies and individuals; univeristy’s can use it to store hashes of grades, titles, diploma’s, so somebody interviewing for a job can immediately be crosschecked about the diploma’s he/she claims to have;… and those are just 2 commonly known examples.
Even the people that hate crypto currencies see the potential behind the blockchain technology.
What is your opinion? anyway
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The blockchain technology can solve many problems. It’s a decentralised, immutable, trustless ledger (database)… There are tons of scenario’s that pop to mind, basically any scenario where equal partners want to create a database between them, but don’t fully trust one partner to run a classical database out of fear this one partner that hosts the db would tamper with the data.
You can use a blockchain database to store insurance information and share it between insurance companies and individuals; univeristy’s can use it to store hashes of grades, titles, diploma’s, so somebody interviewing for a job can immediately be crosschecked about the diploma’s he/she claims to have;… and those are just 2 commonly known examples.
Even the people that hate cryptocurrencies see the potential behind the blockchain technology.
What is your opinion? anyway
I agree with your opinion. Now, Blockchain Technology can apply to many fields such as finance, healthcare, banking, education,
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blockchain can solve many problem, just like for investment or gambling, with blockchain technology we can track all currency activity on them.
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Blockchain is a really great thing nowadays.
At least it can solve many issues which have no potential to be solved before.