Post
Topic
Board Economics
Re: Since 2009 There Was A 500% Increase In Internet Traffic.
by
abhiseshakana
on 11/01/2020, 06:16:28 UTC
I have no idea why people put word blockchain in everything, it looks like blockchain is a magic word that's used instead of Abracadabra, I wouldn't even be surprised if magicians say Blockchain while doing tricks. I think that increase mostly comes from former Soviet Republics because in these countries, a lot of people don't had access on PC and internet, there was DSL in most of these countries for a long time and we can say that fiber is new for them.
Also in some countries internet is expensive but at the same time there is a huge bandwidth usage because of pirate websites (multiple upload of different movies, games and etc for each website).


Due to the fact that the blockchain application is indeed very broad and can be utilized in several education sectors, citing UNCTAD publications. In Estonia, the government uses a blockchain to manage citizens' identities with the aim of helping validate individual identities. The government offers a blockchain-based digital identity card, which makes it easy for citizens to check public facilities, finance and even pay taxes. In Ghana, Georgia, and Switzerland, blockchain technology is used for land and building registration processes to make it easier for governments to validate property transactions.

WFP (Worl Food Program) also uses blockchain technology for humanitarian assistance projects to distribute money and food assistance in Jordan and Syria, with the aim of reducing overhead costs, increasing security and accelerating aid in remote areas.

https://unctad.org/en/PublicationsLibrary/tir2018_en.pdf
https://unctad.org/en/PublicationsLibrary/der2019_en.pdf

The increase in internet traffic, in my opinion, is caused by:

- Innovation of technology spreads to other sectors, starting with internet innovation spreading to the development of smartphone technology.
- Through improving digital platforms there is a combination of technology, which accelerates the pace of technological growth.
- The cost of the internet is getting cheaper, as evidenced by the cheap price of smartphones, so that poor people can also have it.
- Internet connectivity and digitalization are a good combination of bringing up the mobile internet which provides wider opportunities for everyone to connect with each other.