Quote from: yndye on July 10, 2018, 05:25:21 AM

Quote from: HungryJack on July 05, 2018, 11:40:37 PM

Poverty, legal identity etc. are major concerns in the third-world countries. Data says one-third of children in the world still lack legal identity (sourced from Informationweek). Poverty and lack of food still kill thousands of people. Can Blockchain put an end to all this?

Blockchain cannot eliminate it as there are always ways for people who wanted to do illicit activities that has a contribution as to why there are more poor people or shall I say the poor getting poorer and the rich getting richer. Blockchain can at least lessen it like when it comes to transparency, people can track the funds thereby reduction of fraud because some would not attempt to do it due to being tracked and caught in what they are doing.

Dont you think you are expecting from blockchain technology, way too much? I mean blockchain is a wonderful technology introduced which can ease the working operations of many sector. Poverty, lack of food and identity are the issues which cannot be addressed by blockchain directly. You cannot expect blockchain to do the duty of government bodies also. These problems need attention of the government and the bodies framed for such purpose.