The blockchain technology use cases

[bogdanoff 3173]

I have read about IBM but this offers blockchain system to companies. Big ones like Walmart and Amazon are creating their own and don't have to pay IBM or other blockchain providers. Other use cases are in agriculture, mining industries, cargo and more.

[jappy 1129]

On 12/17/2019 at 5:20 PM, lucky80 said:

Do you understand what is the blockchain technology? If you understand, what will you use the blockchain for, and will you make it happen? Please share your mind here.

Every day it will be more popular, blockchain technology and in the future it will be understood by the majority of the population, this is because its use will be more and more special and help a lot in the economy.

[Onden 2098]

Blockchain is a technology that records all transactions and stores them in a book and the data is stored online and cannot be manipulated. I want to use blockchain as a data store on the government system that I managed when I was president.

[Pranto1 40]

I think a lot of companies right now are blockchain, products that use blockchain technology..  Now countries and financial institutions are adopting blockchain to support their activities, to reduce fees more quickly and at a higher rate.

[Whited35 15285]

1 hour ago, Yarazagh said:

Blockchain is a series of blocks and data linked to each other that cannot be disassembled at all, of course, since the subject is purely technical and personal, the concept of blockchain technology cannot be fully listed, so I refer the mike to specialists in all politeness.

@Yarazagh Yes it is the core technical matter and everyone may not understand it easily at the beginning phases so I tried my best to explain everything in simple words in the following topic. There is usecases of blockchain technology too.

 

[khan22 3478]

On 12/18/2019 at 9:14 PM, thiscomm said:

no, I don't want to bring crypto to my world. enough crypto to move like this. became a virtual thing that was able to make money for the needs of my life.

Crypto currency is the world future like peoples will use the gold at first and after that the paper currency is introduced and now peoples will use that but now in future the crypto currency is going to be used like we use the paper currency.

[MalikAdnan 1662]

Yes you are right i think blockchain is a system that i think record the all activities of crypto. Actually it is a network i think and makes sure the transactions is secure.

[yulitzacalvete 1366]

Of course I will use it, in fact we all use them if we work with Cryptotalk because everything is a chain of blocks so it will always be present for what moves us in the world of cryptocurrencies.

[Alex9876r 1408]

Blockchain has wide uses, starting from the possibility of using it to invest money in cryptocurrencies and ending with its use in offices and companies for administrative matters, documents and hospitals.

Its practical applications are very broad and are not limited to cryptocurrencies only.

[Alimhana930 1605]

It can be used to transfer and process data in all segments and can be used in electoral voting systems to avoid fraud and from anywhere in the world And its most important product for blockchain is the cryptocurrency, which helps us make profits.

[Goyaa 2414]

I am not very familiar with blockchain technology, what I know is the many benefits of blockchain technology. Blockchain technology can secure transactions. Blockchain records every transaction and secures it, each block contains a record of transactions that cannot be faked. The benefits of Blockchain technology can be integrated into several fields. The main use of blockchain today is as a cryptocurrency distributed ledger. In the future, blockchain can be applied in various fields that are beneficial to human life.

[AL SHAIMON 1293]

Blockchain is one kind of transection method. We use it for our bitcoin transections. This is one kind of banking technology. But bank can control our money. In blockchain there are no third person. So your moneys are safe.

[betania1 283]

On 12/17/2019 at 5:20 PM, lucky80 said:

Do you understand what is the blockchain technology? If you understand, what will you use the blockchain for, and will you make it happen? Please share your mind here.

I fully trust the blochckain technology since it is very complete, providing a good summary of transaction operations and I think that it will soon be the most used in the financial world, so it will always be the best of the moment and in the future even more.

[Obliv0n 333]

I think that the blockchain today has more uses than we can imagine, there are companies that use it to organize their distribution and production systems, there are banks that base their transfer and payment system on blockchain such as Santander bank and even an attempt is being made to adapt the voting machines to participate in elections and ensure democracy.

[celeste10 251]

The blockchain system is something that will simply become popular because banks are using this type of system and what it does is that people trust cryptocurrencies more and more, so this will revolutionize the market, financed with a unique finding in its history.

[Pereira 2303]

I have little knowledge of the blockchain and I can say that it is indispensable in the cryptographic world since it is the most secure and reliable in the entire cryptographic area, I have little knowledge and I continue to learn constantly, but since I entered this world I have known for its blockchain.

[Malikjnb 1235]

Blockchain technology is a good technology. I think blockchain is used in processing and transections. Transections is handled mining therefore blockchain is the best for everyone. I use this technology. This technology is very good for implemented for various field.

[Jack764 1841]

Blockchain technology is a technology to save all transactions that take place on currencies, and it is like records that help us preserve our rights and make us feel safe.

[Lokeloke 576]

On 1/7/2021 at 7:12 AM, AL SHAIMON said:

Blockchain is one kind of transection method. We use it for our bitcoin transections. This is one kind of banking technology. But bank can control our money. In blockchain there are no third person. So your moneys are safe.

Block chain is a decentralized process that no one has any Dominion over, banks cannot control, Government has no jurisdiction, only you and your private wallets and that's where cryptocurrency was built, making cryptocurrency to be a decentralized currency

[Syriana 350]

We all know that blockchian is a ledger and is used to record all transactions, deals and currency movements in cryptocurrencies, so we have to know how to work with it and when it can be used.

[AL SHAIMON 1293]

9 hours ago, Lokeloke said:

Block chain is a decentralized process that no one has any Dominion over, banks cannot control, Government has no jurisdiction, only you and your private wallets and that's where cryptocurrency was built, making cryptocurrency to be a decentralized currency

Yeah, blockchain is peer to peer payment method. So there are no third person on it. For this it is very secure and many country already started to use it in their banking system. I do not know how they will use it in bank.

[lilisbet18 231]

This should be used for bank systems, that is, change the conventional system that exists at this time and modify it and use it in conventional banks as well as the tax system of the countries.

[abd1992 960]

On 12/17/2019 at 11:20 PM, lucky80 said:

Do you understand what is the blockchain technology? If you understand, what will you use the blockchain for, and will you make it happen? Please share your mind here.

Blockchain technology can be used in many fields, not only for digital currencies. It can be used in games, communications and many fields.

[Azeem ullah 157]

I think the blockchain technology is controlling the transaction and withdrawal that is controlled by the miners. Our amount is stored on theese sites and can be used later. So the blockchain technology is highly appreciated. 

[Lokeloke 576]

11 hours ago, AL SHAIMON said:

Yeah, blockchain is peer to peer payment method. So there are no third person on it. For this it is very secure and many country already started to use it in their banking system. I do not know how they will use it in bank.

I don't think it'll be easy to use in banking system, because bank use to have this algorithm of being able to monitor all the chains of the customer's transactions and all the cummulated figures of what he has in the account. So I don't think that'll be possible for them to use block chain