Blockchain - a technology that will lay the foundations for a new world order - perhaps!

You can't deny that we are living through a time of significant change. the old world order is changing and here is one technology that will play a big role in our future

Banking and Payments -

The blockchain will do to banking what the internet did to media. BLockchain technology can be used to give banking services to
billions of people around the world including Third world countries that do not have access to traditional banking. The transfer of payment in real time to anywhere/anybody in the world instantaneously

Cyber secruity

Data is less prone to be hacked - NOt impossibile Blockchain can be hacked but you got to be very smart in order to attempt this.
There is a old saying if its created by a human it can be cracked by a human. Eliminates the need for middle men making it more efficient than legacy systems

SUpply Chain Management

In blockchain technology transactions are documented in a permanent decentralized record and monitored securely and transparently. THis can greatly reduce time delays and human mistakes. It can also be used to monitor costs labour waste and emissions at every point in the supply chain. This has real impact in understanding the enviromental impact of products.

Forecasting

Blockchain will change how we do research consulting analysis and forecasting. A global decentralised prediction markets.PLace your
bets on anything from sports stocks to govermental elections

Networking and IOT

A decentralised network of IOT Devices.OPerating as a public ledger fo9r all devices eliminate the need for a central location
to handle communication for IOT Devices

Insurance
The global insurance market is based on trust management Blockchain is a new way of managing trust and can be used to
verify all sorts of data in insurance contracts. So called oracles integrate real world data with smart contracts. This is very useful for any type of insurance that relies on real world data. For exsample Crop insurance

Private transport and Ride sharing

Blockchain can be used to create decentralised peer to peer ride sharing apps. Automatically pay for parking tolls and fuel

Data Storage

Centralized servers are vulnerable to data loss and human error. Blockchain technology allows cloud storage to be more secure and
robust against attacks. It is not 100% secure Blockchain can be hacked but as said above you want to be exceptionally clever to
be able to crack it

Charity

common complaints in the charity space include inefficienty and corruption which prevent money reaching the people who need it.
Blockchain can ensure that these payments get to those in need

VOting

There is no denying it blockchain will disrupt voting. It can be used for voter registration verification and vote counting. Can
ensure that only legitimate votes are counted. Immutable publicly viewable ledgers of recorded votes would make elections more fair
and democratic

Goverment

Goverment systems are often slow opaque and prone to corruption. Blockchain can reduce Bureaucacuy and increase secruity efficiency and transparency of govermental operations

Public Benefits

The public benefit system suffers from Slowness and bureaucracy. Blockchain tech can help assess verify and distribute benefits
securely. The blockchain is also a good contendor for implementating a Global universal basic income stream

Healthcare

Another sector that relies on legacy systems is healthcare. Hospitals need a secure playform to store and share sensitive
data. Hospitals are also prone to alot of hacking mainly due to its outdated infrastructure. BLockchain can help hospitals safely
store medical records and share them with authoried doctors or patients. Improvments in data secruity and speed of patient
diagnosis

Energy Management

ENergy management has been a highly centralised industry for a long time. Energy producers and users cannot but directly from each other and must go through public grids. Blockchain allows for users to buy and sell energy from each other in a deqcentralized way

Music/ Entertainment

Blockchain allows for artists to directly collect payment and royalties from fans without givi8ng up a large percentage of sales to Record labels and royalty collection agencies. Smart contracts can solve licensing issues and catalog songs with their respective creators

Retail

When you shop you trust the retail system of the store or marketplace. Blockchain based retail utilities connect buyers and sellers without a middleman and associated fees. Trust comes from smart contract systems and built in reputation services - Goodbye amazon!

Real estate

Issues in buying and selling real estate - lack of transparency, fraud and mistakes in public records. Eliminate the need for paper based record keeping. Blockchain can also help with tracking verifying ownership ensuring accuracy of documents and transferring property deeds

Crowsfunding.

A popular way of fundraising for new startups and projects. PLatforms create trust between creators and supporters but one problem is that they also charge high fees. In blockchain based crowdfunding trust is created thro9ugh smart contracts and online reputation systems removing t5he need for a middleman. New projects can release their own tokens that can be later be exchanged for products services or cash. Regulatory nature of crowdfuning is uncertain but promising

YOUR INDUSTRY

If your industry deals with data or finance of any kind it is highly likely that blockchain technology will cause disruption. The blockchain sp0ace is wide open and the opportunities are many . It is a great oppourtunity for everyone to come together and play a role in helping shape the future of humanity. A new world order where we all play a part in shaping

www.youtube.com...

e-estonia.com...

here is the blueprint

epassport.scps.k12.fl.us...

it's already here bud

originally posted by: toysforadults
e-estonia.com...

here is the blueprint

epassport.scps.k12.fl.us...

it's already here bud

Thanks for the link - I was completly unaware of the e-estonia project.very interesting Links. Food for thought

There are several problems with block chains

1. Expected filesizes can be massive and the replication of the data from all these systems will probably cause data swamping for the places that take parts links and if you start to include actual scans of documents/x-rays etc and all the little things disk space will soon disappear.

2. Legal stuff as shifting that much money around will soon be tightly controlled and given very personal stuff like medical info and the difference in other laws like for adult images while OK in some places are totally illegal and thats before some use it for kiddie filth.

a reply to: DpatC



Blockchain started with the promise that only a certain number of coins could ever be in "circulation". Then someone decided to fraction the available coins and thereby negate the benefit/necessity of having a limited number.

Blockchain filesizes increases exponentially even with the new types of blockchains.

The hydro costs alone will exceed the "benefits" of this digital ponzi scheme.


If it's so great, why would anyone care if it wasn't being used by other people? Oh? It relies on other people dumping money into it for it to be valuable? So it has no value without people dumping money into it?



Shocker...

originally posted by: wtfatta
a reply to: DpatC

Blockchain started with the promise that only a certain number of coins could ever be in "circulation". Then someone decided to fraction the available coins and thereby negate the benefit/necessity of having a limited number.

Blockchain filesizes increases exponentially even with the new types of blockchains.

The hydro costs alone will exceed the "benefits" of this digital ponzi scheme.


If it's so great, why would anyone care if it wasn't being used by other people? Oh? It relies on other people dumping money into it for it to be valuable? So it has no value without people dumping money into it?

Shocker...

Cryptocurrency is only one facet that is built on blockchain. The application of Blockchain technology can be applied to many other industries not just cryptocurrency

Bitcoins aren't doing so well lately, and the energy it takes to mine them is off the charts.

Sounds like an anti-privacy, public record, electronic prisonville scheme.

I'm out.

Completely agree.
Great thread btw.

a reply to: DpatC

The extreme difficulty in generating blockchain tokens, one of the features of blockchain, renders it all but useless in many of the proposed situations.

Any other unique object (like standard currencies, bonds and certificates) is functional and preferable.

Yes sir, absolutely, but for now the NSA has the computing power to see coins and tokens.....and the nodes have slowdowns....welcome to the perfect coin and loan instrument.....only A I can overcome it.....lookout, huh!