Post
Topic
Board Economics
Re: Which industries don't need blockchain?
by
nitammys
on 17/11/2018, 07:23:40 UTC
Making use of the blockchain technology is a thing of choice and we are not the ones to tell whether it’s going to benefit any company or not, it’s all left for them to carry out a meeting and know if the Blockchain tech that is being said will in any way benefit their company or organization. I have seen a lot big companies that backs projects that has to do with Blockchain but don’t make use of it.

Maybe journalism? At least not the entertainment news media outlets. It might be beneficial to hard-hitting news, but I'm not sure if it will be a good thing for the newspaper and the people.

I think it would especially be great for the media and the people. Decentralized news websites would eliminate fake news. It would be resistant to censorship and verifiable, while ensuring accuracy and transparency by using incentives.


Lol, you’re confused. The comment you replied is saying that the Blockchain technology won’t benefit/work for journalism and here you are saying that it will be a good thing to be used in the media please how exactly are we going to make use of the blockchain technology in journalism? It’s not a must that companies will make use of blockchain and its not even necessary.
The industrial sectors which are related to agriculture are not so much optimistic about the currency and have its roots in the traditional way of doing business. The underdeveloped countries might not feel the need to adapt it so soon.