Post
Topic
Board Economics
Re: The Blockchain technologies
by
Baofeng
on 27/06/2019, 12:15:25 UTC


The Blockchain invention already has resulted in so many technology trends including hybrid blockchains, ricardian contracts, stable coins, security tokens and so on. What other inventions regarding blockchain do you think we might see in he next couple of years? What other industries could this system improve?

Blockchain technology improve the way businesses is being run. The way we invest into something without mediums is what blockchain brought and this new technology has revolved the mindset of businessmen to a less hassle and no intervention of a third party agents.

Yes, but it is more than that. For corporations, blockchain will help them analyze all the data in run-time and it could spell the success or failure of a company. Yes, data for them is very important, just imagine a supply chain management, there's a lot of data to be process there to just have one product. So if data is always there and immutable then the production could be seamless. If ever there is a problem, their data analyst can pinpoint the bottleneck and correct to move production again. That's how I see blockchain will help big corporations which processes data in real-time.