What can a blockchain solve?

[kangug24]

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

[Vakaxacompany]

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,

[agusiska]

blockchain can solve many problem, just like for investment or gambling, with blockchain technology we can track all currency activity on them.

[AltLogan]

Blockchain is a really great thing nowadays.
At least it can solve many issues which have no potential to be solved before.