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Re: Do we need blockchain technology?
by
jvdp
on 14/03/2019, 16:12:09 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.

I don't think you understand the blockchain technology correctly. In the future, not only crypto markets but even also the government is going to use this technology.

That is E-Governance, I am really waiting to see democratic countries started accepting blockchain technology to see the big revolution on data analytics and financial management systems.
Lets wait who is Next to Estonia.

I believe Dubai started working on implementing this even they are running king rule there.