Q. What other problems can be solved with blockchain technology?
kiaazad

What other problems can be solved with blockchain technology?

We know how blockchain can be a better replacement for money and how it can become the tamper proof way of voting and democracy. the question is: what othere problems are out there that blockchain can easily fix?


voting government blockchain cryptocurrency solution
1

Answer

19

Views

23

Apr, 2018

Blockchain
 58.25 q
1 Answer
  • michaliocze

    For me is main problem loss of privacy, every transaction will be on blockchain…


       

    answered by

      1.7 q

Asked in Category

Blockchain

Blockchain is the backbone technology that powers cryptocurrencies. Simply put, it’s like email for money (and many other things) which anyone can access, no central authority controls, and is practically impossible to censor.
Blockchains are already beginning to transform everything in our financial system, from commerce to capital markets. It is still early days but blockchains will be as transformative as the printing press, the internal combustion engine, or even the internet itself. The exponential and disruptive growth of Blockchain will come from the convergence of public and private Blockchains to an ecosystem where firms, customers and suppliers can collaborate in a secure, auditable and virtual way.

  • 19 views overall.
  • Asked on