Post
Topic
Board Economics
Re: Do we need blockchain technology?
by
Vinz1978
on 18/10/2018, 15:38:48 UTC
Hello everyone.

When I see there are too many ICO and shitcoins on novaexchange. I keep asking myself: do we really need blockchain technology?

In case of Bitcoin. Of course, I agree.
What about ETH? I agree too.

But, have a look at the others on the market. I don't even know why should people use their service. There is no real use in real life.

An ad management system on blockchain? - We already had Google Ads & Facebook Ads.
A social network on blockchain? (steem) - Do we? I don't see anything but a centralized forum hosted on a random hosting using its currency to pay for the writers.

There are too many projects  that we don't really need it on blockchain.

Sometimes, I think there is a black swan (Blockchain is useless in real life) lurking around.


Please enlighten me.


in the first place without Blockchain technology there is now Bitcoin or crypto currency for sure. But because of this technology the world of decentralization has begun to spread out all around the world. Also some of the company which is traditional they accept and applied Blockchain to their business. it could be that for some other people who don't understand yet what does the blockchain all about, they can say its not necessary,  but if they find out the catch of it for sure they will also realize that blockchain in our time is needed.