Quote from: dothebeats on June 20, 2018, 01:55:00 PM

Quote from: davis196 on June 20, 2018, 12:13:11 PM

They won`t be so enthusiastic,when they find out how much it will cost to implement the blockchain technologies and much electricity will be consumed.Again,the only one,who is going to make the big profits from this treand will be the big online corporations.The tax payers will be ripped off again. Sad

The application of blockchain that they'll use would probably not include bitcoin's traditional PoW scheme as you know it. Blockchain isn't limited to just coins and whatnot, it could also be used in logistics, banking and finance.. you name it. They'd be keen on developing such a tech considering how cheap and easy it is to implement and have a robust system compared to their obsolete systems which are, up to now, still prone to hacks and thefts. Blockchain might be the greatest innovation of the 21st century and might be the invention that the world is waiting to spark yet another industrial revolution.

Exactly when the governing technology is reaching for not an inclination but counting more into decimals then the blockchain has tremendous countdown for a so managed system whether its banking or business. And its true technology does not consist the boundaries but ignoring the seemlessness, because blockchain tech is just a system the work will be done by the inbuilt processing power, which if we look back the time we can relate it to the computer revolution same it is in the financial sector. We need it because the security and technology combined might take us to next step of future we are imagining.