Quote from: Small_Man_Big_Thoughts on September 28, 2018, 09:42:01 AM

Quote from: nitammys on September 26, 2018, 12:21:34 PM

Quote from: Doyenuklirblok6 on September 22, 2018, 10:54:19 AM

Simply put, via blockchain does not need time when making transactions. Because, in a transaction there is usually a third party that bridges the process. For example bank or Paypal. What's more, blockchain is the technology behind Bitcoin. "All this time transactions carried out by both parties require intermediaries from third parties who act as trusted parties, such as banks. With Blockchain technology, transactions can be carried out directly between the two parties without intermediaries which can be a point of failure. That's just one blockchain application in the financial industry and in the future it will be broader for various industries such as health, supply chain management, oil and gas, government, and more.

Blockchain is the fast growing technology in the world. One of my friends is doing his Ph.D. in blockchain technology. Now you can understand that knowing this technology is not easy, even governments do not know the features of this technology and they are investigating this technology. When they understand it, then they will allow it in their respective countries.

Yeah I have heard that blockchain has unique features and it will bring revolution in the world. People who know about this technology are waiting anxiously for this technology. Everything related to technology will change. The current technology will be covered by blockchain and I think that blockchain will remain till the end of the world. The whole world will change with this technology.

As I heard blockchain will take over all current technologies. The whole world will use only blockchain in the future. Different governments of the world are investigating blockchain technology and when they complete their research, they will their people to use this technology. I think in the near future we will see blockchain technology everywhere in the globe.