So basically everything that is actively stealing minus insurance. Yeah, been slow to do it, but something is saying to dump money in and forget about it
Any business the builds itself early in the blockchain is going to be ahead than 99.999% of businesses in the next 5+ years, quote me on this. Its like how the most successful businesses right now are able to capitalize on social media marketing.. Blockchain is the next step.
+Ken The Crypto Sorry but that does not make any sense at all. Blockchains are an amazing technology but that is not the same as saying everybody must conform or else. Some will use it as needed and others will not need it.
Why don't you invest all your income into cryptos. Share with us the public key and proof of burn with your name on it to verify its your account. Let's see how sure you are.
You're shifting your trust from the individual/business to the technology. The blockchain manages trust by standardizing it, but it does rely on the assumption that the information going into the blockchain is valid and reliable.
Your shifting your trust to a technology that is like watching the Star Trek Next Generation and being a Borg. Its a mass connection of computers who all have the same data. If one fails they are out of luck. Instead of your employment application in the filing cabinet at Human Resources it will be on everyones system. Mass copies everywhere locked with cryptography unable to be opened except by the placer. Sort of like how your email is sent to you and not to everyone in the world. You have a specialized IP address it sends it to that the whole internet knows what it is but cant get into unless your a hacker lol. Your encryption will be your personal IP address but will be stored on every computer or phone. The only one able to get it is you but if you lose it you can go back and retrieve it from another systems data
Bitcoin is exciting because it shows how cheap it can be. Bitcoin is better than currency in that you don’t have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient.”
Well, I think it is working. There may be other currencies like it that may be even better. But in the meantime, there’s a big industry around Bitcoin. - People have made fortunes off Bitcoin, some have lost money. It is volatile, but people make money off of volatility too.”
When bitcoin currency is converted from currency into cash, that interface has to remain under some regulatory safeguards. I think the fact that within the bitcoin universe an algorithm replaces the function of the goverment …[that] is actually pretty cool.”
It is not a speculative investment even though it is being used as such by other people. As Bitcoin network grows the value of Bitcoin grows. As people move into Bitcoin for payments and receipts they stop using US Dollars, Euros and Chinese Yuan which in the long-term devalues these currencies.
Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative. But I am not familiar with the specific product to assert whether it is the best potential setup. And we need a long time to establish confidence.
When I first heard about Bitcoin, I thought it was impossible. How can you have a purely digital currency? Can’t I just copy your hard drive and have your bitcoins? I didn’t understand how that could be done, and then I looked into it and it was brilliant.”
Hello everyone i'm actually looking for a good expert trader that can help me trade and make good profit.....but it's very hard to see trusted one. Any idea?
You could just put EVERYTHING without listing certain industries. But don't get overexcited, it will happen if we manage to solve main challenges of Blockchain: - Lack of privacy - The security model - Limited scalability - High costs - Hidden centrality - Lack of flexibility - Critical size
huh? Privacy your a generated hash so a little unanimity, security?, only if you forgo due diligence same as any investment, scalability? the model is scalable, high cost? where from? hidden centrality? it is not it is decentralized Lack of flexibility? its rate of expansion would suggest otherwise critical size? it is designed to be of a certain size. would suggest looking through a few more clips or get going
Tangle/IOTA solves most of the problems with blockchain. There are no miners/fees. It gets faster, not slower, as it scales up. It is secure even against quantum computers. It is highly flexible & decentralized. As far as I'm concerned, blockchain is outclassed at every turn & is obsolete as compared to tangle. Funny that tech is moving so fast that at the dawn of its entering the social consciousness, blockchain is already obsolete.
This is the reason blockchain will fail..Some people in tech and researchers only know this. 50 years of distributed computing and database systems research cannot be overlooked. I am curious how the end might be..
huh? are we on the same page here?? the topic is blockchain right? - did you understand the concept correctly? everything you've listed has zip to do with blockchain my friend!
Blockchain will replace all government, and most management. coinmarketcap.com/ 762 crypto currencies atm. Etherium is creating more, via their "token" systems. www.ethereum.org/ Eventually Etherium will replace Bitcoin (BTC). BTC is so slow, cannot upscale, has poor security, & very expensive overheads.
It's all very advanced pure mathematics. Applied only between the few hundred top computer programmers. Use your audio podcast app. On Android, I use Podkicker Pro. Search "crypto" on the audio podcasts. There the coders chat on their alpha & beta releases of their projects before the "normals" ever get to know. The Cryptoverse World Crypto Network Crypto Voices Crypto-Gram Security Podcast TH-cam imho is for slow-learners. Experts use Google subtitles, & watch TH-cam at 200% the speed rate of "normals". My preferred web browser is Slimjet (a Chromium-based browser), with many add-ons: "Subtitles for TH-cam", & "Video Speed Controller". BTW: I'm a full time scientist, but living in this hospice, in the Australian Capital Territory, so I'm quite crippled & close-to-death.
It's strange how people talk about all the profits, they've been making through trading of bitcoin, while am here not making any profit at all. Please can Someone put me through on the right path.
Most time having knowledge or insight about a particular activity can as well be a pleasing exercise. I can boldly say that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status.
health and fitness industry. personal trainers. transport. airports. police databases. genetic engineering systems relying on Dna analysis. criminal investigations. the possibilities are endless it's wracking my brain.
I’m a veteran of the building industry where quality assuranc and fit for purpose are are major issue, not to mention the cost caused by delays and out of sequence building works. Would love to be party of team to see if Blockchain technology can be applied
Not too impressed with this video. Talks about many industries getting disrupted but doesn't give an indepth example of how blockchain disrupts one industry. It's a high level explanation to get people excited with little substance
Thats because it would take hours and hours to describe in detail how the blockchain will disrupt each of these industries. You can Google them yourself and do the research on your own.
Is that a bad thing? DOesn't it give you a path for further exploration? I think you exactly captured the purpose of this video. Based on your comment - mission accomplished!
This is officially my favorite blockchain video! Well done! I'm a fan of Unconditional Basic Income and had never heard of GovCoin! Thanks for the share!
@Q Cunno - Thanks for sharing this line of thinking! Very interesting! I hadn't thought of blockchain removing governments. Please share anything you found that points to that. That is a really interesting thought, but I don't see how it could happen. Have you found anything good that points to how this might happen? Also, do why do you feel UBI will turn us into slaves? Aren't we already?
@Q Cunno - Thanks for sharing your thinking on this! I don't think this as money for free. UBI is not at all like printing currency (for one it's not backed by a central bank... among many other ways it's not like printing dollars). It just makes sense. Make sure the citizens have a stable foundation to operate from.
Q .... Unemployment will destroy everything if other forms of income, such as Unconditional Basic Income are not introduced. The more everything is automated, the fewer jobs will be available the greater the public anger will be.
Please consider to add the following two industries which have practical employment of blockchain in their existing daily operations:- Intellectual Properties Right industry (e.g. use of blockchain for certification of luxery watches)- Aircraft serving industry (e.g. use of blockchain for validation of accessories for serving of planes)
I think siacoin will smash it.. cheap coin prices and got some amazing developers behind it. Unlike many other crypto systems.. they have a working product! :)
Jim Suddarth I have over 12,000 siacoins... I've heard it will go to the moon! get in there whilst cheap! It's less than a penny right now.. don't regret it
Something so simple, yet so far reaching. This isn't that much of a technological breakthrough, it's just the way the minds who created it decided to implement it. Brilliant!
I'm no expert, but blockchain isn't one thing. It's like the internet - it's not a single thing. On the internet, your computer sends a message to another computer, and they'll talk to each other. Everyone else is supposed to ignore the conversation, but just in case, the two computers talk in a secret language they choose together (called encryption). This is done so that evil people can't interrupt the conversation and mess around with what the two computers hear from each other - that's what a hacker will try to do. With blockchain, everyone hears everything that everyone has ever said (even if they're speaking in different languages). Because of this, if a hacker tries to mess with the conversation between two computers, everybody else will say "no, that's not what was said. look at our copy of your conversation". That's why it's considered decentralised - because if you want to mess with the conversation, you need to mess with EVERYBODY'S memory of the conversation. So if you use this for money: Currently, with banks: Only the bank has a memory of what's in your bank account (centralized) But with blockchain, everyone has a copy of your wallet written in secret language (decentralized) - so you don't need the bank and you don't need to pay bank fees, and you don't need the bank to verify anything for you because everyone else can verify for you if there's ever a disagreement. This is super simplified but hopefully it makes more sense.
I couldn't simply leave this remark without contributing my very own quantity, in fact Joseph Berg's solid information on the bitcoin showcase helped me make parcel of benefit, his insight is by none And his bonus charged is truly low.
- Smart Home's currency and local smart contracts between familly members - Payment for home's appliances usage - servitization - Drone as a Butler - data scanning, decision making - 3D printed flying vacuum cleaners for fast room's cleaning
I'd like to know where the touch points between technology and morality are affected. The problem with the banking sector is that it is utterly corrupt. How will blockchain change this? There's so many holes in technology and the fact that blockchain is being developed with big bank funding tells me that we are just going from paper currency to electronic currency. We've already gone from metal currency to paper money in the 1900s with no effect on the vampire morality of the banking industry. How will changing the medium change the morality?
Banks most likely WILL develop their own blockchain technology using their own tokens, but for the first time people will have a choice to use banks or not. I think many people who are smart will choose not to, because who likes fees, and who likes someone else stealing the interest on YOUR money?
Clint Pot ... yes. all the mining done in Guangju on noname chips must eventually worth the watts. they have lots of patience. the promise is clear: people will be freer than before. it was used to take down empires.
what is morality? there is only a ledger. take it or leave it. fully not regulated. no ownership, no guarantess. volatility, not 90, 95 or 99%, it has 100% volatility. For the time being 100%speculative. Asset based system may bring in some morality though.
Nothing is foolproof. But crypto-currency is helping decentralize the concept of money. By giving power to the people to decide how to regulate value, it is making it more difficult for authority to make arbitrary decisions which affect lives. I'm sure that the morality of Bitcoin users will be as varied as humanity itself, since Morality can't (and shouldn't) be decided by technology. That's the *ONE* thing that we should step up and take entire responsibility for!
well banks dont disclose their ledgers. If their ledgers were transparent by everyone banking with them then the world could be different. Bitcoin does not provide a greater level of trust it eliminates the need to be suspicious. Banks are morally retarded simply because their doors are closed and their people work on a "above your pay grade" which means that the board says it needs more profit and they have their people devise a way to do so, often by lobbying a governmental change or funding the companies that rate and verify them. then the C level go to the regional management team and explain do this we need more, regional management tell Sales managers and team leader do this who tell their sales people who tell the clients but no one from the upstairs down is told why whats in play just what to do and off they go. (see the movie "the big short" for a real easy way to understand what has gone on. Can you imagine what the bank would do if every person who traded with them or used them could see all the transactions and the ledger? cant hide from that. Yip Big banks will diversify, of course they will but with a slick "out of the box" system that they will manage for you and we will as the heard does go along and watch it pretend to be something its not or they will have no choice due to its success.
i just wondering if this blockchain economy someday rules the world, then what would happened with people who barely have access to the computer, let alone proper internet connection to access all these things? Digital divide is still a huge problem to many developed countries...the gap within society probably will increasing despite blockchain's capability to decentralized power
We are the generation who is witnessing the massive transformation ever happened in the history of the universe. First we witnessed internet changed our lives (in 90s and early 2000s), then smartphones revolutionized our communications a decade ago and now the blockchain is bringing a revolution that will take us to whole new level.
have u heard of NFT??? u living under a rock?? the disruption is gradually occurring, it has already sparked popularity in digital art/assets. NBATopshots is another huge example. Open ur eyes lol
19+ Industries ---------------- 1. Banking and payments 2. Cyber Security 3. Supply Chain Management 4. Forecasting 5. Networking and IOT (Internet of Things) 6. Insurance 7. Private Transport and Ride Sharing 8. Online Data Storage (cloud) 9. Charity 10. Voting 11. Government (good luck) 12. Public Benefits 13. Health Care 14. Energy Management 15. Online Music 16. Retail 17. Real Estate 18. Crowdfunding 19. Your Industry (if your industry deals with data or transactions of any kind, your industry is susceptible)
It is estimated that over 40,000 to 300,000 people have made a massive one million dollars in bitcoin pending on the type of broker involved for every investment to yield earning a professional broker should be involved. Mrs Katie wallace is a professional broker who manages,handles and gives guidance on investments to get good profit.
May i ask when we use bank we have the proof and id of sender and receiver, how about when we transfer bitcoin? We have the address but how can we link the address with a person?
Are you kidding?? Where have you been?! You buy cryptocurrencies like bitcoin, ethereum, litecoin, etc. etc. These "tokens" are basically buying shares of the money backing these projects. People are becoming millionaires almost every day now. Do your research man. Download coinbase, abra and blockfolio. And visit coinmarketcap.com
No Name I can't answer for him but I assume he's thinking that those centralized apps will fall away to decentralized services allowing drivers and riders to connect to one another without the medium of some intermediary like Uber.
But someone still need to write an app which will work on blockchain, right? it is just changing how the data is stored/verified, but will the owner of the app benefit?
Yeah, there'll be an app that riders and drivers will keep on their phones but there won't be any cut given to a company like Uber. At least that's how I've heard it explained. Arcade City (before the trouble) was supposedly going in this direction.
The app will still charge a fee - there always will be someone who will benefit from it. BC can only reduce some costs in few industries, but not eliminate them.
I watched this 3 years ago and dismissed it. I simply didn't get it and was ignorant enough not to follow up. Now I am all in on crypto. Thanks guys, great job!
This technology will change accounting and audit procedures. Being an accountant, I not only work in the cloud on a daily basis, but also work with tons of transactions and financial data. I think block chain's impact will be significant. And I am curious to see if there are any companies/startups in that space. Thanks for the videoq. Very well done.
what do you mean can it be used in the field of AI? the blockchain doesnt' have anything to do with AI. unless you're talking about AI related transactions, then, I suppose it would. or if you're talking about transactioning with a virtual reality system...I suppose that could happen too since you can already do that with cameras.
Perhaps science and healthcare will be disrupted to eliminate the pseudoscience we have currently due to funding. E.G. no cure for cancer since a cure would dry up the funding.
Really learn about what cancer is before perpetrating the whole BS of 'there is no cure because it will dry up funding'. And right now I've lost 2 of my closest uncles and a friend to cancer. My father has actually been cured of 2 forms of cancer but now suffers from 2 other types. So I very much do have a dog in this fight, but the cure will be in the ability to correct damaged cells from replicating (which is what cancer is, so what we are looking for is correcting errors at the cellular level)
I can empathise but CC's statement is true- the medical research industry does not want cures for cancers- specially if they are natural substances- as they all will no longer derive an income from it.
Brian Vickery I KNOW that Pain Brother!! And That's why is Funda-Mental to UNDERSTAND>StandUnder Why We HUMANS Failed and Never Learn the Mistakes>(Errors) from the Past. We Keep Repeating same old PATTERNS over and over again.. Now, This What I THINK about this "New PROGRAMS" The Internet and all the "Public" Domains>Utilities Eventually the PRIVATE Sector, again only (the Few) are gone take Control and Possession of it and Establish the Rules (Again) in Fact is Happening!! Energy Education Health and so on, HUMAN LIFE in General... For Those Who already Saw and Now COMPREHEND "REALITY" is no longer Necessary to get Organized in any institution, Resist overthrow Revolt or Fight Back in Fact That is also a R E A C T I O N of the Same System(Useless) only ACTION can Fix and Correct the MISTAKE the OLD SAME Errors an ACTION (out of time) Because of the Limitation of this "Medium" I Cannot go Deeper and Higher!! RESOLVE TIME What is TIME? and WHY we Humans SUFFER...
charles Duall in 1898, he was appointed as the United States Commissioner of Patents, and held that post until 1901. In that role, he is famous for purportedly saying "Everything that can be invented has been invented.
Bc and e-coins enthusiasts are completing blind they 're don't getting that BC technology is a new way of intermediaries party, called block (middle man) and just upgrades the process, instead of direct asses or STP (straight through processing) is now per to per but there's something standing in between the Ps and that thing or things is the block or blocks so is the company that creates the blockchain. What would a bank start creating and investing in this technology ? Because they will make money of it... the hype around BC is that banks and other financials institution will end their middle man (the companies that provides prime brokerage services, clearing and custody firm will be out busines) and there is the go for many other companies.... Blocchain will distrup for sure, but is no 100% true that middle man will end. The Bitcoin and others cryptos are just hot air, they will burst any time soon enough, the disruption relies that BC will turn up many many process into a very cheap one.
Sparks ... exactly. some bank will take over a crypcoin or another. it's likely virtually already done. some bank or some big shot inc., government, conglomerate, a mafia of sorts. just changing the Caesar, oh how thrilling.
there is one way to end the middleman, and that is: STOP USING APPLICATIONS AND COMPANIES TO TRADE BITCOINS, AND JUST TRADE THEM DIRECTLY WITH YOUR BITCOIN WALLET LIKE YOU WOULD DO TO GO GROCERY SHOPPING! CREATE JOBS INSTEAD OF GIVING MILLIONAIRES EVEN MORE MILLIONS OF DOLLARS! AND THAT'S HOW YOU REALLY CREATE A COMPETITIVE SYSTEM!!
Doesn't matter. By then, it will no longer be a necessity to go through a bank or similar institution. If a portion of the population does it, it's fine. They will be the ones to suffer for it, not the rest of us.
Sparks thinking and understanding of money the blockchain and it's offshoots is flawed. No banks will take over current crypto currencies,, the may bastardise the blockchain process internally to use some of it's many great features, but they would always want to 'control' it so it would not be the same as the many good cryptocurrencies out there. Decentralisation, speed, convenience, cost saving and giving people and businesses control over their money are some of the real benefits for everyone, eventually worldwide. Like much of the businesses of internet it cannot be stopped.
Bitcoin has changed my life because I invest in the right way and one thing that gives me joy is because I also learn the concept of trading from a pro Mrs. Mary to accumulate and hold crytocurrency
I am very interested in Blockchain, but I am still not entirely sure what are the financial incentives for these decentralised apps/websites developers and for the investors/companies. Anybody could answer me on that?
For one thing, more security (due to advanced encryption) and huge cost savings in computer power. You should read about golem.network it's one such project.
Don't fool yourself blockchains are crackable, decodeable, and not secure. However, they are a huge leap forward over traditional single certificate cryptography.
Thanks for commenting! We have virtual quantum computers that have like 30 qubit processing power, so why hasn't anyone used those yet to mine BTC? Not asking to be a jerk. Just curious if you may know. And I guess your opinion is the same for ethereum?
+Matthew Duckworth An emulated / virtual quantum computer does not have the processing power of an actual quantum computer as it's emulated on a classical binary system. So long story short an emulated quantum computer has less power than binary code for a classical system. You would have to have your quantum code on actual quantum hardware to get the actual benefits of quantum processing.
The greed and criminal reign of record labels is DOOMED. Artists DESERVE to be properly compensated for their work and reserve EVERY right to own their intellectual property!!!
The trouble is verifying the transaction when it is put into the blockchain. The reason the blockchain works for BitCoin is that the amount of coins is already set in the system. New coins can only be created by expending huge amounts of computer work into mining a block. How could you verify a product entering a supply chain is valid for example? The only way is to have a centralized validation system which breaks the philosophy of the blockchain.
consider purse.io which is an electronic wallet what it does is allows bitcoin payments to be converted to dollars so bitcoin can be used to purchase things from amazon. it transacts the purchase and acts as the escrow until both parties are satisfied.When i send my bitcoin it can be coded to the exact thing that i want for example: a soft drink vending machine assesses its stock levels at the end of the day and creates a refill purchase order and pays with bitcoins. The transaction goes through but cremains in escrow until the vending machine receives its order. But say the drinks never come and a man swipes them from the drone that is dropping them off, the transaction is still in play for a period of time but as the bit coin is specific to the order it can not be used for anything else and after time will return to the vending machine as unclaimed and return to sender the vending machine receives its payment back
We will have then quantum encryptions... and then those same quantum computers will need who knows how much years to decrypt them. Plus you must decrypt all at once on blockchain to put it down, which is really not possible.
Quantum computers are years from being developed. This isn't as simple as you think, it all in theory with little real world applications so far. Ive studied quantum physics for more than 4 years. ;-)
Fernando RR900 - oh great someone with a quantum computer picks out an ledger entry to hack. Remember can only hack'em one at a time. They are successful, only to find the hack was good a payment of $59. Not a great ROI. Point you simply cannot know ahead of time what data you will find behind the encryption.
Ah shitty work of the future where the employer is in even better position. You will have to have at least 2 master degrees and speak 3 languages. Wonder who will pay all that education... P. S. English is my third language before insults start....
You don't need a college education to use blockchain. But yes, in general, we will need a more educated workforce because manual labor jobs are on the decline. The best solution will be to improve our K-12 education system and create better training programs that don't take as much time or money as a 4-year degree.
Excellent video, and thanks for posting all those start ups. It gives me a feeling that there's a lot of people already making a good use of block chain and gives me ideas for the future. Thanks!
1. Banking and Payments 2. Cyber Security 3. Supply Chain Management 4. Forecasting 5. Networking and IoT 6. Insurance 7. Private Transport and Ride Sharing 8. Online Data Storage 9. Charity 10. Voting 11. Government 12. Public Benefits 13. Healthcare 14. Energy Management 15. Online Music 16. Retail 17. Real Estate 18. Crowdfunding 19. Your Industry
Another application of blockchain is in the educational institutes which allows the institutions to put all the certificates of students on blockchain network so there is no further need for attestation of documents
I was thinking that a great industry to disrupt is event ticket sales (concerts, sporting events etc...). The middlemen in this industry have been overcharging customers (and therefore under-paying artists) for as long as I have been going to concerts (my first concert: Styx and April Wine in 1979)
All big construction firms are using old technology and no management of data..since last few years many forms adopted BIM technology but still managing data is an issue... definitely block chain technology is solution for construction sector from design to facility management
1. Banking & Payments (0:39)
2. Cyber Security (1:22)
3. Sypply Chair Management (1:42)
4. Forecasting (2:18)
5. Networking And IOT (Internet of Things) (2:41)
6. Insurance (3:07)
7. Private Transport & Ride Sharing (3:41)
8. Online Data Storage (4:12)
9. Charity (4:32)
10. Voting (4:54)
11. Government (5:37)
12. Public Benefits (5:57)
13. Healthcare (6:31)
14. Energy Management (7:05)
15. Online Music (7:30)
16. Retail (7:53)
17. Real Estate (8:23)
18. Crowdfunding (8:51)
19. Your Industry (9:36)
you are the hero we need! Thank you
👏
Everyone Democrat in the US believes that verifiable voting is racist.
So basically everything that is actively stealing minus insurance. Yeah, been slow to do it, but something is saying to dump money in and forget about it
Thank you
Any business the builds itself early in the blockchain is going to be ahead than 99.999% of businesses in the next 5+ years, quote me on this. Its like how the most successful businesses right now are able to capitalize on social media marketing.. Blockchain is the next step.
+Ken The Crypto
Sorry but that does not make any sense at all. Blockchains are an amazing technology but that is not the same as saying everybody must conform or else.
Some will use it as needed and others will not need it.
Right,
Imagine hiring 8 billion people.
Yep.
@Bin Adam
Or Amway in East Europe in 90 s
What kind of gravity can be attached to a statement devoid of grammar, syntax and coherent use of the English language?
Why don't you invest all your income into cryptos. Share with us the public key and proof of burn with your name on it to verify its your account. Let's see how sure you are.
To be clear, Blockchain does not "manage" trust, it eliminates the need for trust.
I prefer to think of it as "enables trust" between strangers. :)
You're shifting your trust from the individual/business to the technology. The blockchain manages trust by standardizing it, but it does rely on the assumption that the information going into the blockchain is valid and reliable.
What does "manage" mean? If you are meaning a person organizing, then no. But if you mean an algorithm organizing, then yes.
slamiamb yup, the 51% problem.
Your shifting your trust to a technology that is like watching the Star Trek Next Generation and being a Borg. Its a mass connection of computers who all have the same data. If one fails they are out of luck. Instead of your employment application in the filing cabinet at Human Resources it will be on everyones system. Mass copies everywhere locked with cryptography unable to be opened except by the placer.
Sort of like how your email is sent to you and not to everyone in the world. You have a specialized IP address it sends it to that the whole internet knows what it is but cant get into unless your a hacker lol. Your encryption will be your personal IP address but will be stored on every computer or phone. The only one able to get it is you but if you lose it you can go back and retrieve it from another systems data
A little flaw in the video: UBS, Innogy an ZF are no startups at all, they are huge companies with billions of revenue.
Thanks for the correction.
had to go back and check if I heard correctly
Bitcoin is exciting because it shows how cheap it can be. Bitcoin is better than currency in that you don’t have to be physically in the same place and, of course, for large transactions, currency can get pretty
inconvenient.”
Well, I think it is working. There may be other currencies like it that may be even better. But in the meantime, there’s a big industry around Bitcoin. - People have made fortunes off Bitcoin, some have lost money. It is volatile, but people make money off of volatility too.”
When bitcoin currency is converted from currency into cash, that interface has to remain under some regulatory safeguards. I think the fact that within the bitcoin universe an algorithm replaces the function of the goverment …[that] is actually pretty cool.”
It is not a speculative investment even though it is being used as such by other people. As Bitcoin network grows the value of Bitcoin grows. As people move into Bitcoin for payments and receipts they stop using US Dollars, Euros and Chinese Yuan which in the long-term devalues these currencies.
Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative. But I am not familiar with the specific product to assert whether it is the best potential setup. And we need a long time to establish confidence.
When I first heard about Bitcoin, I thought it was impossible. How can you have a purely digital currency? Can’t I just copy your hard drive and have your bitcoins? I didn’t understand how that could be done, and then I looked into it and it was brilliant.”
Absolutely great presentation! Such high quality content delivery in only 10 minutes.
Great job guys keep it up!
Great, it`s changing world before our eyes!
really! it's incredible what's going on right now
It's changing the world in front of the willings eyes. The sheep still call this tulip mania 2.0. Oh, how wrong they are.
Fuck yes man! fuck yes!
Wow
Sorry amazon, Alibaba
the common man has no idea what's coming
Word. Not just with blockchain, but also with climate change, geopolitics, and the economy. Storms are a' comin.
Todor Velichkov true
I think economies first! Diversify !!
Todor Velichkov common man will be a victim as always.
winter is coming! make sure to search and start making money with the blockchain!
Biggest thing since the internet
That’s what she said.
Finally, we can now go back to non-fiat money.
staunchutefan she said 'is that it?'
Internet of Value
Bigger than the Internet
Great Info, thanks. Still mining and still investing. The future is bright. A hope for a world is a bit of a mess.
Great video guys. Lots of love from Australia :)
Hello everyone i'm actually looking for a good expert trader that can help me trade and make good profit.....but it's very hard to see trusted one. Any idea?
you are right forex is profiting if you are using a good forex expert with unending zeal of making profit for his/her client
Trading forex is a good business one can look for trading
Then I will like to introduce you to my expert Mrs Stacy Bill Griffin, have been Investing with her for months now and it's been awesome
If you ask me I think forex has something big for the world but having a good expert to mentor you is the best
Trading with an expert Is the best strategy for newbies and busy investor who have little or no time to monitor Trade
Excited to see how this technology impacts both the accounting profession and the arts world!
After 3 years, NFT's are big thing in crypto
You could just put EVERYTHING without listing certain industries. But don't get overexcited, it will happen if we manage to solve main challenges of Blockchain:
- Lack of privacy
- The security model
- Limited scalability
- High costs
- Hidden centrality
- Lack of flexibility
- Critical size
huh? Privacy your a generated hash so a little unanimity, security?, only if you forgo due diligence same as any investment, scalability? the model is scalable, high cost? where from? hidden centrality? it is not it is decentralized Lack of flexibility? its rate of expansion would suggest otherwise critical size? it is designed to be of a certain size.
would suggest looking through a few more clips or get going
Ilya Sokolov wait..what? Everything you mentioned has nothing to do with blockchain. Dude looks like you have no idea what BC is
Tangle/IOTA solves most of the problems with blockchain.
There are no miners/fees. It gets faster, not slower, as it scales up. It is secure even against quantum computers. It is highly flexible & decentralized. As far as I'm concerned, blockchain is outclassed at every turn & is obsolete as compared to tangle.
Funny that tech is moving so fast that at the dawn of its entering the social consciousness, blockchain is already obsolete.
This is the reason blockchain will fail..Some people in tech and researchers only know this. 50 years of distributed computing and database systems research cannot be overlooked. I am curious how the end might be..
huh? are we on the same page here?? the topic is blockchain right? - did you understand the concept correctly? everything you've listed has zip to do with blockchain my friend!
taking turns to narrate items is so cool! really enjoyed listening the video!
But will the blockchan remove government at all?
Blockchain will replace all government, and most management. coinmarketcap.com/
762 crypto currencies atm.
Etherium is creating more, via their "token" systems. www.ethereum.org/
Eventually Etherium will replace Bitcoin (BTC). BTC is so slow, cannot upscale, has poor security, & very expensive overheads.
Thanx, Greg, can you recommend any videos where this topic is discussed?
It's all very advanced pure mathematics. Applied only between the few hundred top computer programmers.
Use your audio podcast app. On Android, I use Podkicker Pro.
Search "crypto" on the audio podcasts. There the coders chat on their alpha & beta releases of their projects before the "normals" ever get to know.
The Cryptoverse
World Crypto Network
Crypto Voices
Crypto-Gram Security Podcast
TH-cam imho is for slow-learners. Experts use Google subtitles, & watch TH-cam at 200% the speed rate of "normals". My preferred web browser is Slimjet (a Chromium-based browser), with many add-ons: "Subtitles for TH-cam", & "Video Speed Controller". BTW: I'm a full time scientist, but living in this hospice, in the Australian Capital Territory, so I'm quite crippled & close-to-death.
Oh, tnanx for so deep answer, Greg. Now i`m understand how far am i from the topic but i will short this gap.
Greg Zeng The Cryptoverse is on TH-cam...
I have heard alot about forex and bitcoin watched multiple video but always get confused 😕
I have been watching some videos and I was thinking about investing, but still don't know where to start from.
I want to start too but i don't know how..
It's strange how people talk about all the profits, they've been making through trading of bitcoin, while am here not making any profit at all. Please can Someone put me through on the right path.
Most time having knowledge or insight about a particular activity can as well be a pleasing exercise. I can boldly say that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status.
The fruitfulness of your trading lies on the account manager or the expert
health and fitness industry. personal trainers. transport. airports. police databases. genetic engineering systems relying on Dna analysis. criminal investigations. the possibilities are endless it's wracking my brain.
... can anyone think of an industry that blockchain won't disrupt? It'll definitely be a shorter list.
Dog training
Religion? Immutable sins, that'll never fly.
Taariq M-Star 616"what is that true??
missing Encrypgen in this video. A way to store your genomic data on the blockchain and give partial or timed access to scientists or doctors.
I’m a veteran of the building industry where quality assuranc and fit for purpose are are major issue, not to mention the cost caused by delays and out of sequence building works. Would love to be party of team to see if Blockchain technology can be applied
Not too impressed with this video. Talks about many industries getting disrupted but doesn't give an indepth example of how blockchain disrupts one industry. It's a high level explanation to get people excited with little substance
Thats because it would take hours and hours to describe in detail how the blockchain will disrupt each of these industries. You can Google them yourself and do the research on your own.
agreed! I would not have mind a 40 minute long video as well on the applications.
Is that a bad thing? DOesn't it give you a path for further exploration? I think you exactly captured the purpose of this video. Based on your comment - mission accomplished!
I agree. To be honest, I soent the video using my imagination of how would something actually be changed
it will disrupt the graphic card industry because everyone is buying out GPU to mine bitcoin.
Agree with Moments
Miners!
Soon a graphic card will be installed in all Smart Phones and Laptops. Everyone will be able to "mine" a small amount of data and earn $$$
Time to throw them out.
IOTA will prosper against blockchain
This is officially my favorite blockchain video! Well done! I'm a fan of Unconditional Basic Income and had never heard of GovCoin! Thanks for the share!
@Q Cunno - Thanks for sharing this line of thinking! Very interesting! I hadn't thought of blockchain removing governments. Please share anything you found that points to that. That is a really interesting thought, but I don't see how it could happen. Have you found anything good that points to how this might happen? Also, do why do you feel UBI will turn us into slaves? Aren't we already?
@Q Cunno - Thanks for sharing your thinking on this! I don't think this as money for free. UBI is not at all like printing currency (for one it's not backed by a central bank... among many other ways it's not like printing dollars). It just makes sense. Make sure the citizens have a stable foundation to operate from.
Q Cunno The fact that money is a necessity is merely an illusion my friend.
Q .... Unemployment will destroy everything if other forms of income, such as Unconditional Basic Income are not introduced. The more everything is automated, the fewer jobs will be available the greater the public anger will be.
the more dependent you are on someone/something else, the less freedom you have.
Please consider to add the following two industries which have practical employment of blockchain in their existing daily operations:- Intellectual Properties Right industry (e.g. use of blockchain for certification of luxery watches)- Aircraft serving industry (e.g. use of blockchain for validation of accessories for serving of planes)
I'm planning to make a project using block chain for my final year project in Computer Engineering
That's wise. Are you also studying solidity? I hear that blockchain developers can make ridiculous salaries, like $500k/year!
well , i don't know about blockchain developers
Look here. These jobs pay very good. www.indeed.com/m/jobs?q=Blockchain+developer&l=San+Francisco%2C+CA&from=home%2Cwhereauto
Full stack web devs are at a all time high ! In demand like no other, I have no choice but to Tony Stark the hell out of this. 👌
@@WeylandLabs what do u mean under full stack?? The regular back-end & front-end scheme?
SiaCoin > storj
Dylan Kilkenny Do you think sia will be the winner ? I think they will... :)
Jim Suddarth could you explain the difference? both allow storage for a low price.
I think siacoin will smash it.. cheap coin prices and got some amazing developers behind it. Unlike many other crypto systems.. they have a working product! :)
Jim Suddarth I have over 12,000 siacoins... I've heard it will go to the moon! get in there whilst cheap! It's less than a penny right now.. don't regret it
Which is?
Something so simple, yet so far reaching. This isn't that much of a technological breakthrough, it's just the way the minds who created it decided to implement it. Brilliant!
Thank you so much for all the info.This video totally changed my overview towards the blockchain.
Issues in buying real estate: bureaucracy, fraud & mistakes in public records.....?
I can’t relate to any of that being a common problem
decentralise by centralising and consolidate everything to blockchain
I'm no expert, but blockchain isn't one thing. It's like the internet - it's not a single thing.
On the internet, your computer sends a message to another computer, and they'll talk to each other. Everyone else is supposed to ignore the conversation, but just in case, the two computers talk in a secret language they choose together (called encryption). This is done so that evil people can't interrupt the conversation and mess around with what the two computers hear from each other - that's what a hacker will try to do.
With blockchain, everyone hears everything that everyone has ever said (even if they're speaking in different languages). Because of this, if a hacker tries to mess with the conversation between two computers, everybody else will say "no, that's not what was said. look at our copy of your conversation". That's why it's considered decentralised - because if you want to mess with the conversation, you need to mess with EVERYBODY'S memory of the conversation.
So if you use this for money:
Currently, with banks: Only the bank has a memory of what's in your bank account (centralized)
But with blockchain, everyone has a copy of your wallet written in secret language (decentralized) - so you don't need the bank and you don't need to pay bank fees, and you don't need the bank to verify anything for you because everyone else can verify for you if there's ever a disagreement.
This is super simplified but hopefully it makes more sense.
Is it fitting to put resources into the bitcoin showcase in this period?
I couldn't simply leave this remark without contributing my very own quantity, in fact Joseph Berg's solid information on the bitcoin showcase helped me make parcel of benefit, his insight is by none And his bonus charged is truly low.
4:10 Lol calling UBS (biggest Swiss bank) a "start-up"
Thanks for spotting that. It was a research mistake.
I thought the Tower of Basel is the biggest bank of banks....
In Blockchain the are !
- Smart Home's currency and local smart contracts between familly members
- Payment for home's appliances usage - servitization
- Drone as a Butler - data scanning, decision making
- 3D printed flying vacuum cleaners for fast room's cleaning
Good work! Took a lot of research to bring all this information to the viewer! Thanks!
I'd like to know where the touch points between technology and morality are affected. The problem with the banking sector is that it is utterly corrupt. How will blockchain change this? There's so many holes in technology and the fact that blockchain is being developed with big bank funding tells me that we are just going from paper currency to electronic currency. We've already gone from metal currency to paper money in the 1900s with no effect on the vampire morality of the banking industry. How will changing the medium change the morality?
Banks most likely WILL develop their own blockchain technology using their own tokens, but for the first time people will have a choice to use banks or not. I think many people who are smart will choose not to, because who likes fees, and who likes someone else stealing the interest on YOUR money?
Clint Pot ... yes. all the mining done in Guangju on noname chips must eventually worth the watts. they have lots of patience. the promise is clear: people will be freer than before. it was used to take down empires.
what is morality? there is only a ledger. take it or leave it. fully not regulated. no ownership, no guarantess. volatility, not 90, 95 or 99%, it has 100% volatility. For the time being 100%speculative. Asset based system may bring in some morality though.
Nothing is foolproof. But crypto-currency is helping decentralize the concept of money. By giving power to the people to decide how to regulate value, it is making it more difficult for authority to make arbitrary decisions which affect lives.
I'm sure that the morality of Bitcoin users will be as varied as humanity itself, since Morality can't (and shouldn't) be decided by technology. That's the *ONE* thing that we should step up and take entire responsibility for!
well banks dont disclose their ledgers. If their ledgers were transparent by everyone banking with them then the world could be different. Bitcoin does not provide a greater level of trust it eliminates the need to be suspicious. Banks are morally retarded simply because their doors are closed and their people work on a "above your pay grade" which means that the board says it needs more profit and they have their people devise a way to do so, often by lobbying a governmental change or funding the companies that rate and verify them. then the C level go to the regional management team and explain do this we need more, regional management tell Sales managers and team leader do this who tell their sales people who tell the clients but no one from the upstairs down is told why whats in play just what to do and off they go. (see the movie "the big short" for a real easy way to understand what has gone on. Can you imagine what the bank would do if every person who traded with them or used them could see all the transactions and the ledger? cant hide from that. Yip Big banks will diversify, of course they will but with a slick "out of the box" system that they will manage for you and we will as the heard does go along and watch it pretend to be something its not or they will have no choice due to its success.
"sorry Amazon" lol
Lol
i just wondering if this blockchain economy someday rules the world, then what would happened with people who barely have access to the computer, let alone proper internet connection to access all these things? Digital divide is still a huge problem to many developed countries...the gap within society probably will increasing despite blockchain's capability to decentralized power
By then everyone will have access. Emerging markets will boom. The world will move so fast towards mostly betterment and prosperity.... I hope.
They will be the lucky ones, independent and growing their own food off grid
Does anyone here know where can I learn this skill? If so, where in NYC. What are the prerequisites skills?
We are the generation who is witnessing the massive transformation ever happened in the history of the universe. First we witnessed internet changed our lives (in 90s and early 2000s), then smartphones revolutionized our communications a decade ago and now the blockchain is bringing a revolution that will take us to whole new level.
How about "Arts and Craft" industry? Do you see scope for this sector as well?
You could use blockchain to validate the authenticity of art, and to track it and ensure that the art at the end of the transport chain is authentic.
Checkout ArtByte, Poet, and Steemit.
3 years later I'm still waiting for the disruption
create it urself
maybe you would have another thought when you see how the Bitcoin price surges recently
the revolution will not be televised
Try 10-20 years and a slow burn.
have u heard of NFT??? u living under a rock?? the disruption is gradually occurring, it has already sparked popularity in digital art/assets. NBATopshots is another huge example. Open ur eyes lol
Best was No. 19 "Your Industry" :')
I'm interested in blockchain technology to apply as control departure of each "Owndated Webquantum" creation in Economy 4G3W.
19+ Industries ----------------
1. Banking and payments
2. Cyber Security
3. Supply Chain Management
4. Forecasting
5. Networking and IOT (Internet of Things)
6. Insurance
7. Private Transport and Ride Sharing
8. Online Data Storage (cloud)
9. Charity
10. Voting
11. Government (good luck)
12. Public Benefits
13. Health Care
14. Energy Management
15. Online Music
16. Retail
17. Real Estate
18. Crowdfunding
19. Your Industry (if your industry deals with data or transactions of any kind, your industry is susceptible)
Unfortunately, none of them will gain much benefits from blockchain. Better tech is coming at the end of this year, people just have to be patient.
Social Media is on the Steem blockchain
how do I become part of the industry, get a job ?
????
I hope You invested
It is estimated that over 40,000 to 300,000 people have made a massive one million dollars in bitcoin pending on the type of broker involved for every investment to yield earning a professional broker should be involved. Mrs Katie wallace is a professional broker who manages,handles and gives guidance on investments to get good profit.
We need an "honest trailer" of blockchain
May i ask when we use bank we have the proof and id of sender and receiver, how about when we transfer bitcoin? We have the address but how can we link the address with a person?
It is a high fee on Ethereum, it is impossible to use Tether. what alternative?
More industries and sectors to be disrupted: accountancy, legal, and HR.
u missed
Hotelling...Traveling.....
How bitcoin will change them.?
When it comes to my take on the best bitcoin broker, i might be biased but i know Mr Ernest does a great job for all investors
Yeah Ramoz, with Mr Ernest as my broker, fluctuation in bitcoin doesn't affect my profit...
how can i start mining my btc with your broker?
@@lawrencerodrigo8335 Count yourself lucky today, here's Mr Ernest Mail
3 weeks trading bitcoin with Ernest Vincent trading strategy , i can boldly say bitcoin mining is profitable
Wow!! extraordinary Mr Ernest with an amazing strategies.
I need to implement block chain in my project. I need consultation on the usage. Can you advise?
How do you get in on the investment opportunity? Anyone know if there's a Block chain ETF?
Are you kidding?? Where have you been?! You buy cryptocurrencies like bitcoin, ethereum, litecoin, etc. etc. These "tokens" are basically buying shares of the money backing these projects. People are becoming millionaires almost every day now. Do your research man. Download coinbase, abra and blockfolio. And visit coinmarketcap.com
I keep saying in 5 years there won't be Uber or Lyft
No Name I can't answer for him but I assume he's thinking that those centralized apps will fall away to decentralized services allowing drivers and riders to connect to one another without the medium of some intermediary like Uber.
Hopefully ;-)
But someone still need to write an app which will work on blockchain, right? it is just changing how the data is stored/verified, but will the owner of the app benefit?
Yeah, there'll be an app that riders and drivers will keep on their phones but there won't be any cut given to a company like Uber. At least that's how I've heard it explained. Arcade City (before the trouble) was supposedly going in this direction.
The app will still charge a fee - there always will be someone who will benefit from it. BC can only reduce some costs in few industries, but not eliminate them.
tourism.
loyalty
screenshotted this at 184k views, waiting for it to turn into millions in a few years time
Stefan 708k views at this time.
In a few months i think
Almost there
1.1 M now
1.3m 👍
I watched this 3 years ago and dismissed it. I simply didn't get it and was ignorant enough not to follow up. Now I am all in on crypto. Thanks guys, great job!
This technology will change accounting and audit procedures. Being an accountant, I not only work in the cloud on a daily basis, but also work with tons of transactions and financial data. I think block chain's impact will be significant. And I am curious to see if there are any companies/startups in that space. Thanks for the videoq. Very well done.
Can blockchain be used in the field of AI?
Yes but clumsy,, check out tangle -more suited!
what do you mean can it be used in the field of AI? the blockchain doesnt' have anything to do with AI. unless you're talking about AI related transactions, then, I suppose it would. or if you're talking about transactioning with a virtual reality system...I suppose that could happen too since you can already do that with cameras.
Mayank Kushwaha I think Voxels coin does this? I could be wrong
AI themselves could use the blockchain.
Check out IOTA.
Perhaps science and healthcare will be disrupted to eliminate the pseudoscience we have currently due to funding. E.G. no cure for cancer since a cure would dry up the funding.
CorpseCallosum You Haven't Understood the 'Whole Concept'.. Here is a Clue: (A.I.) and (CONSCIOUSNESS)
Really learn about what cancer is before perpetrating the whole BS of 'there is no cure because it will dry up funding'.
And right now I've lost 2 of my closest uncles and a friend to cancer. My father has actually been cured of 2 forms of cancer but now suffers from 2 other types. So I very much do have a dog in this fight, but the cure will be in the ability to correct damaged cells from replicating (which is what cancer is, so what we are looking for is correcting errors at the cellular level)
I can empathise but CC's statement is true- the medical research industry does not want cures for cancers- specially if they are natural substances- as they all will no longer derive an income from it.
Brian Vickery I KNOW that Pain Brother!! And That's why is Funda-Mental to UNDERSTAND>StandUnder Why We HUMANS Failed and Never Learn the Mistakes>(Errors) from the Past. We Keep Repeating same old PATTERNS over and over again.. Now, This What I THINK about this "New PROGRAMS" The Internet and all the "Public" Domains>Utilities Eventually the PRIVATE Sector, again only (the Few) are gone take Control and Possession of it and Establish the Rules (Again) in Fact is Happening!! Energy Education Health and so on, HUMAN LIFE in General... For Those Who already Saw and Now COMPREHEND "REALITY" is no longer Necessary to get Organized in any institution, Resist overthrow Revolt or Fight Back in Fact That is also a R E A C T I O N of the Same System(Useless) only ACTION can Fix and Correct the MISTAKE the OLD SAME Errors an ACTION (out of time) Because of the Limitation of this "Medium" I Cannot go Deeper and Higher!! RESOLVE TIME What is TIME? and WHY we Humans SUFFER...
CorpseCallosum
The cure is baking soda and hemp oil. There saved yah the trouble lol
Food, medicine, art.. almost everything will change by this human's digital DNA.
I am in 2020 so how much market does blockchain capture in banking sector,does it capture the percentage mentioned here
Great Video. Just one question. You are quoting IBM in the beginning (15% Banking). Do you have a source for this?
Accounting. That whole industry will be dead and gone soon thnx to blockchain.
charles Duall in 1898, he was appointed as the United States Commissioner of Patents, and held that post until 1901. In that role, he is famous for purportedly saying "Everything that can be invented has been invented.
+farrcanalutube makes no sense in this context
Not only accounting. Many professions will go!
Some voicemails do this to tell you your messages
Corruption. Not Curruption.
Indeed.
lambchop641
Dose it matter
Bc and e-coins enthusiasts are completing blind they 're don't getting that BC technology is a new way of intermediaries party, called block (middle man) and just upgrades the process, instead of direct asses or STP (straight through processing) is now per to per but there's something standing in between the Ps and that thing or things is the block or blocks so is the company that creates the blockchain.
What would a bank start creating and investing in this technology ? Because they will make money of it... the hype around BC is that banks and other financials institution will end their middle man (the companies that provides prime brokerage services, clearing and custody firm will be out busines) and there is the go for many other companies....
Blocchain will distrup for sure, but is no 100% true that middle man will end.
The Bitcoin and others cryptos are just hot air, they will burst any time soon enough, the disruption relies that BC will turn up many many process into a very cheap one.
Sparks ... exactly. some bank will take over a crypcoin or another. it's likely virtually already done. some bank or some big shot inc., government, conglomerate, a mafia of sorts. just changing the Caesar, oh how thrilling.
there is one way to end the middleman, and that is:
STOP USING APPLICATIONS AND COMPANIES TO TRADE BITCOINS, AND JUST TRADE THEM DIRECTLY WITH YOUR BITCOIN WALLET LIKE YOU WOULD DO TO GO GROCERY SHOPPING! CREATE JOBS INSTEAD OF GIVING MILLIONAIRES EVEN MORE MILLIONS OF DOLLARS! AND THAT'S HOW YOU REALLY CREATE A COMPETITIVE SYSTEM!!
Doesn't matter. By then, it will no longer be a necessity to go through a bank or similar institution. If a portion of the population does it, it's fine. They will be the ones to suffer for it, not the rest of us.
Sparks thinking and understanding of money the blockchain and it's offshoots is flawed. No banks will take over current crypto currencies,, the may bastardise the blockchain process internally to use some of it's many great features, but they would always want to 'control' it so it would not be the same as the many good cryptocurrencies out there. Decentralisation, speed, convenience, cost saving and giving people and businesses control over their money are some of the real benefits for everyone, eventually worldwide. Like much of the businesses of internet it cannot be stopped.
10k a coin by 2018
Education industry is something that it can look. The study and data about every topic and industry can be learnt and spread using block chain.
Some of these use cases don't need a blockchain
Cant wait for LISK blockchain aplication platform to come out in the late 2017!
its january 5 2018 we still no product
Big Brother Is Watching You!😄
joewger Big brother => Centralized
Blockchain => Decentralized
So, No.
joewger #20 The mark of the beast
uncle sam approves your comment
joewger thanks
More like EVERYONE is watching you lol. But you also get to watch everyone, so at least you'll have that going for you, which is nice.
Bitcoin has changed my life because I invest in the right way and one thing that gives me joy is because I also learn the concept of trading from a pro Mrs. Mary to accumulate and hold crytocurrency
I've seen different good comments about Mrs. Mary Walls, she must be very exceptional for people to talk this good about her
Same here it's four months now I started investing with her company and its been a good experience
+1 (619) 220-2331
*MARY WALLS*
Nothing related to crypto comes up on a search for her. Can you share a link?
@future thinkers, what's the name of background music, thanks in advance.
I am very interested in Blockchain, but I am still not entirely sure what are the financial incentives for these decentralised apps/websites developers and for the investors/companies. Anybody could answer me on that?
For one thing, more security (due to advanced encryption) and huge cost savings in computer power. You should read about golem.network it's one such project.
investing in Bitcoin and crypto currency is the best investment anyone can do this season because it has made a lot of people millionaires
You are right, there is only one reason which will make one invest in
most people don't invest due to ignorance and bad advice from friends and family
most people don't invest due to ignorance and bad advice from friends and family
people are really making a lot of money from from their investments and trade
there fore investing in it wouldn't be a big deal nor a bad idea
Despite the economic crisis, this is a Still a good time to invest in Gold and Crypto
The rich spend less and invest more
Investing in these economic crisis will be one of the best thing to do
I wanted to trade crypto but got confused by the fluctuation in price
That won't bother you if you trade with a professional like Mr Arthur
I heard his strategies are really good
Don't fool yourself blockchains are crackable, decodeable, and not secure. However, they are a huge leap forward over traditional single certificate cryptography.
Name one instance where the blockchain has been broken or cracked.
Chris McCaulley Man, this is really interesting. Thanks a lot for your comment hahaha
Thanks for commenting! We have virtual quantum computers that have like 30 qubit processing power, so why hasn't anyone used those yet to mine BTC? Not asking to be a jerk. Just curious if you may know. And I guess your opinion is the same for ethereum?
+Matthew Duckworth An emulated / virtual quantum computer does not have the processing power of an actual quantum computer as it's emulated on a classical binary system. So long story short an emulated quantum computer has less power than binary code for a classical system. You would have to have your quantum code on actual quantum hardware to get the actual benefits of quantum processing.
IOTA for example is quantum computer save.
The greed and criminal reign of record labels is DOOMED. Artists DESERVE to be properly compensated for their work and reserve EVERY right to own their intellectual property!!!
The trouble is verifying the transaction when it is put into the blockchain. The reason the blockchain works for BitCoin is that the amount of coins is already set in the system. New coins can only be created by expending huge amounts of computer work into mining a block. How could you verify a product entering a supply chain is valid for example? The only way is to have a centralized validation system which breaks the philosophy of the blockchain.
consider purse.io which is an electronic wallet what it does is allows bitcoin payments to be converted to dollars so bitcoin can be used to purchase things from amazon. it transacts the purchase and acts as the escrow until both parties are satisfied.When i send my bitcoin it can be coded to the exact thing that i want for example: a soft drink vending machine assesses its stock levels at the end of the day and creates a refill purchase order and pays with bitcoins. The transaction goes through but cremains in escrow until the vending machine receives its order. But say the drinks never come and a man swipes them from the drone that is dropping them off, the transaction is still in play for a period of time but as the bit coin is specific to the order it can not be used for anything else and after time will return to the vending machine as unclaimed and return to sender the vending machine receives its payment back
And the only thing that can undermine it all -- Quantum computers!
But I hope it's just a sci-fi, like flying cars of the past.
Not that sure.
en.wikipedia.org/wiki/Post-quantum_cryptography
www.bitcoinnotbombs.com/bitcoin-vs-the-nsas-quantum-computer/
When quantum computers are commonplace, we'll just develop something based on quantum computation. We're not stuck on pause. We adapt as required.
We will have then quantum encryptions... and then those same quantum computers will need who knows how much years to decrypt them. Plus you must decrypt all at once on blockchain to put it down, which is really not possible.
Until the big guys get quantum computers and use them to hack all of this...
Nonsense. It will be years before any hacker gains access to quantum computing and hopefully by that time the blockchain is using quantum encryption.
afaik you need to hack essentially every participant at once in order to hack the blockchain.
Quantum computers are years from being developed. This isn't as simple as you think, it all in theory with little real world applications so far. Ive studied quantum physics for more than 4 years. ;-)
Fernando RR900 - oh great someone with a quantum computer picks out an ledger entry to hack. Remember can only hack'em one at a time. They are successful, only to find the hack was good a payment of $59. Not a great ROI.
Point you simply cannot know ahead of time what data you will find behind the encryption.
hanspanzer facts
Ah shitty work of the future where the employer is in even better position. You will have to have at least 2 master degrees and speak 3 languages. Wonder who will pay all that education...
P. S. English is my third language before insults start....
Relax man. Manual labor jobs will always exist for those kind of people who would rather use physical strength rather than their head.
You don't need a college education to use blockchain. But yes, in general, we will need a more educated workforce because manual labor jobs are on the decline. The best solution will be to improve our K-12 education system and create better training programs that don't take as much time or money as a 4-year degree.
Michael, androids will eventually replace all manual laborers.
Until automation and robots make them obsolete.
Tonixxy Bernie Sanders. If he gets his way, everything will be free. Someone else will pay!
Advertising industry is taking a shot at using block chain for contracts & to exchange inventory.
Excellent video, and thanks for posting all those start ups. It gives me a feeling that there's a lot of people already making a good use of block chain and gives me ideas for the future. Thanks!
"The data is verified and encrypted". HUH? No it isn't.
Please explain.
SlicK
how not?
SlicK it is
Slick, what do you think blockchain is?
Wtf do you think blockchain is??
Hey what about travel? If I own a travel agency site, what will happen to me?
1. Banking and Payments
2. Cyber Security
3. Supply Chain Management
4. Forecasting
5. Networking and IoT
6. Insurance
7. Private Transport and Ride Sharing
8. Online Data Storage
9. Charity
10. Voting
11. Government
12. Public Benefits
13. Healthcare
14. Energy Management
15. Online Music
16. Retail
17. Real Estate
18. Crowdfunding
19. Your Industry
Another application of blockchain is in the educational institutes which allows the institutions to put all the certificates of students on blockchain network so there is no further need for attestation of documents
Can you please give us updates on the BlockChain industry progress now in 2018? What direction most progress in BlockChain so far. Thanks
I was thinking that a great industry to disrupt is event ticket sales (concerts, sporting events etc...). The middlemen in this industry have been overcharging customers (and therefore under-paying artists) for as long as I have been going to concerts (my first concert: Styx and April Wine in 1979)
Till now ..best video of 2017.
how to take advantage of knowledge of this (other than investing in bitcoin - already am)??
how will blockchain impact film industry?
isn't the company that provide the blockchain technology platform/service the middle man? How are they going to generate revenue?
Hey does anyone know a good/ reliable website to do research on this topic?
-blockchain
-different currencies?
crypto.hub has consensus, bitcoin.info and andreas annanopolous
Do you guys have a detailed video PDF on how BC will affect these industries individually? Thanks
So what about blockchain and accounting? Since it’s still a currency will they still be needed?
All big construction firms are using old technology and no management of data..since last few years many forms adopted BIM technology but still managing data is an issue... definitely block chain technology is solution for construction sector from design to facility management
Thank you for this great video!! it opened my mind to the different usages of blockchain .. this video definitely I will use to write my research.
Ok Yoda , proof read in future you should
“Very little fees” used to be, now the fee’s around $4 which is crazy large in third world countries due to the hype