Blockchain is the main key for the revolution now a days. I am a newbie in this sector , but could guys help me to find qualitative answers of the following questions ? (Of course you don't have to give technical answer)
1. Future of Blockchain technology ?
2. Misconception about the technology?
3. Today's blockchain and its future ?
4. The possibilities of this technology ?
Of course you can give broad idea, but i am happy if have time to do it. Thank you.
*future of blockchain. The blockchain technology is an innovation that has amazing advantages ranging from transparency, protection of identity to fast , cheap and easy transfer. They future is quite unpredictable but if the development continues and new ideas are brought in. the future of blockchain is bright
*misconception of blockchain...misconceptions of the blockchain technology are from those that are not cryptocurrency inclined or just share ignorance. The system is not just an idea but a reality. Most criticism is a regards to if the blockchain technology is a threat to traditional means. The idea is to improve on the traditional means since the world is fast modernising why not the way we do transcation follow suit.
*todays blockchain technology and the future... For those that are crypto inclined you would notice that more and more initial coin offering icos comes out to state there claims of being the answers to a particular sector ranging from medicine,sport,justice and so on. Although most are just make believe some has actually achieved there target which goes to show that blockchain technology has affected some sectors positively and if this goes on improving it would achieve more.
*the possibilities of blockchain technology. Blockchain technology compares of endless possibilities. The blockchain technology can be the answers to
1.poverty alleviation
2. Corruption
3. Hurdles of transactions
4. Identify theft and so much more.
We just have to tap into those possibilities