Quote from: pinkflower on April 30, 2018, 02:30:04 AM

Will it be a centralized blockchain or a decentralized one? I cant see how it would be more cost effective except if it is a centralized database. Decentralization costs much more as we have regrettably learned lol.

I would be very grateful if you would share with us, please share something you have learned, so that I and other friends who can understand like you.

Quote from: hase0278 on April 30, 2018, 06:13:28 AM

Quote from: dothebeats on April 27, 2018, 11:48:41 PM

People would gladly accept the tech but bitcoin? It still has a long way to go IMO.

At least governments(at least some) recognized the presence of bitcoin and legalized it as an asset/digital money that helps in money trannsfer(or as a speculative tool for some). As of the moment many countries are seeking to use the blockchain tech and apply it into many fields which really shows that people gladly accepted blockchain.

Quote from: pinkflower on April 30, 2018, 02:30:04 AM

Will it be a centralized blockchain or a decentralized one?

They are definitely looking for a centralized blokchain. They don't want decentralization.

I agree with you, even if it is not legal as a currency, at least equivalent to tradable assets.

Quote from: judyrob on April 30, 2018, 06:34:34 AM

absolutely right. the blockchain is not only a field of about crypto. very nice blockchain system to be applied in a variety of ways. because the system itself is very useful blockchain of so many things at this time regarding the game, banks, and many more to adopt it blockchain.

Quote from: Virtual miner on April 30, 2018, 07:07:11 PM

Yes, blockchain is not only limited to cryptocurrency. It can be used in banking and financial sector foe settlement and clearing, payments and KYC purposes. Most of the uses of blockchain are available in the form of smart contracts. With the help of blockchain technology, smart contracts can be made more secure. Blockchain can be useful in the field of AI also. Since blockchain technology can guarantee the accuracy of data, it can be useful in many Artificial Intelligence (AI) applications, for entering the data into the AI systems and for recording the results from them. Blockchain provides a bookkeeping platform that ensures transparency, cannot be corrupted, and bypasses censorship. By tackling such issues, blockchain technology has a huge potential for protecting the human rights of the people.

very interesting, simple; safe, fast, cheap, and transparent.

Quote from: 1Referee on April 30, 2018, 07:48:47 PM

Quote from: hase0278 on April 30, 2018, 06:13:28 AM

They are definitely looking for a centralized blokchain. They don't want decentralization.

They like the decentralization aspect, but only to a certain extent. That extent is that there is only one single authority (they themselves) being able to modify block data, where malicious modification attemps by hackers and wrong intended individuals and whatnot won't stand a chance. The only thing is that we don't know how wrong intented the single authority is that can modify block data whenever it feels it needs to do so, which is why I never trust these initiatives. Centralized parties aren't trustworthy already, and that won't change when they shifted over to the blockchain completely. If it isn't completely decentralized and thus immutable, it aint good.

in the case I'm talking about, about adoption of blockchain for online taxes in Indonesia, I have not studied fully. I only see the positive side that the technology is in popularity by Bitcoin this was widely accepted by many countries. so I have not been able to say "whether this is right and good" or not.