Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: teamfearless on January 02, 2019, 10:10:47 AM
-
Many country has put ban on crypto currency , allot of financial gurus speaking negative thing about crypto currency !! But right now everything expert is embarrassing Blockchain Technology. every expert believes blockchain is the future so Today i want to ask if Financial institutions can run on blockchain without crypto Currency ?
-
Of course they can. Blockchain is not only the cryptocurrency, it also provides amazing features only by itself apart from cryptocurrencies. For example, Korea is working on blockchain to change their real estate sector.
-
Blockchain is a technology, mate. I almost don't see the bad sides of this technology, so the government has no reasons to refuse it. It is different with crypto currencies that possibly to misused by bad boys. The issues of money laundering and capital source of villain are two big reasons why governments don't accept it. So, of course Blockchain will be accepted by the government.
-
The governments have already decided to regulate the cryptocurrency from 2020 year, and I think the blockchain technology will also be regulated, so it remains for us to wait a bit and we will see for ourselves what will happen.
-
Cryptocurrency is a digital money or dollar. blockchain is digital technology in the world. I believe that blockchain technology positive science project. I always believe that blockchain is the future technology. So the government for respect ,reason and refuse. Blockchain are accepted without Cryptocurrency.
-
In my opinion, government has no serious problems with blockchain technology. Blockchain tends to bring very positive impacts on digital sector. It makes transactions easier and faster. This technology is absolutely brilliant innovation on this digital era.
-
Theoretically, yes, many governments are already successfully using blockchain technology in various sectors of the economy, but not using cryptocurrency. Blockchain technology does not depend on cryptocurrencies, rather, on the contrary, cryptocurrencies are based on blockchain technology.
-
Many country has put ban on crypto currency , allot of financial gurus speaking negative thing about crypto currency !! But right now everything expert is embarrassing Blockchain Technology. every expert believes blockchain is the future so Today i want to ask if Financial institutions can run on blockchain without crypto Currency ?
In fact they may are using right now. It is quite possible. I think states can use blockchain easily. For example many computers are working on goverment service. This ones can adopt for blockchain network easily. And it will great.
-
Blockchain is a technology in which investigate and assess es projects.
Cryptocurrencies are an exchange way that substitutes local currency and therefore bypass a governance tool.
Therefore you can guess how a government can approve the first banning the second one.
-
Of course, some of the governments already using blockchain without cryptocurrencies in some projects. They are especially using it to be more transparent.
-
Yes they can, as you said, blockchain is a technology and cryptocurrency is only one of its applictation available. Blockchain has many adavantages even if governments don't like decentralization so they would use at their advantage but with a different purpose if they will.
-
You may have been confused. Blockchain technology is way bigger than cryptocurrencies. Although blockchain became more popular because of bitcoin and other cryptos, you have to understand that cryptocurrency is just on aspect of blockchain technology.
-
It is possible to run business on blockchain without cryptocurrency, however cryptocurrency is more interesting.
-
Yes they can accept blockchain without accepting bitcoin because bitcoin and blockchain are two different types... Bitcoin is a currency on the centenary blockchain is a technology.
-
Surely it can, because blockchain is a technology that can be used in all fields. Unlike Cryptocurrency which is a digital currency product used as a transaction tool. Blockchain technology can help in terms of security, speed and range of extensive if utilized.
-
Blockchain is different from cryptocurrecy. If blockchain is a technology that can be used in all programs to help system operations become faster, safe and decentralized. So it is possible to allow its use by the state. For Cryptocurrency relating to digital currencies that also use the blockchain technology.
-
Definitely they can, Blockchain is a very useful technology and it is more interesting for states and the banking sector to work with the technology itself, and not with cryptocurrency, because it is difficult for them to control the crypt!
-
Blockchain is a technology, mate. I almost don't see the bad sides of this technology, so the government has no reasons to refuse it. ~snip~
You have a great answer.
It is true that Blockchain is a technology that mostly brings positive impacts on our life. All parties and all countries in the world can adopt it. We have no problems with Blockchain technology so far. This is very acceptable, so governments around the world don't prohibit the use of this technology.
-
I was thinking about it too. And sometimes I think that even if cryptocurrencies dies, blockchain will stay alive because it is really advanced technology
-
Blockchain itself a technology that is widely used by cryptocurrencies and yes a government can accept blockchain technology without accepting cryptos. We need to remain patient soon crypto market will also recover it has the potential to overcome the all hurdles.
-
I think the prohibited cryptocurrency is not a blockchain, so blockchain can continue to grow in every country and create new innovations for the development of the world without having to have bitcoin and other altcoins
-
Of course, states can use blockchain technology without using cryptocurrency. Although these concepts are interconnected, however, blockchain technology is much broader, cryptocurrency is one type of expression of this technology in practice. Blockchain technology can be used wherever you need to safely store, store and use large databases online.
-
Very possible, because the blockchain can be used for various purposes too. Not only cryprocurrency can use this blockchain technology. So the use can be approved by the government to be used in developing technology