Don't Think Blockchain Has Real World Value, Read This Article

in #blockchain6 years ago

There are still some people who doubt blockchain and crypto and the real world uses of it. If it can really be used to process a lot transactions efficiently and be more efficient than then the systems we have now. And that is one of the big tests to pass as it will prove that this tech is better when it comes to transactions for a company. Any company. It will lead to big changes as it is a new system all companies will have to adopt.

Well the tests are in and it has proven to work. At least according to the largest bank in Japan and a major cloud deliver service. They have done tests under realistic conditions and have found that the system can handle millions of transactions per second. Not only that by they get confirmed fast as well.

Here is the link for more info:
https://cointelegraph.com/news/japans-largest-bank-and-cloud-delivery-giant-akamai-announce-blockchain-payment-network

This is a big deal as we need more and more real world use cases at this stage to show the tech has a big future.

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!!! Bitcoin is not a bubble !!!

At this point you'd have to be dumb to say the blockchain isn't useful. Even Bill Gates admits it while criticizing cryptocurrency.

This is Educating, thanks for sharing.

A lot of people has refused to key in into the blockchain technology and truly understands it uses. Have a blockchain carrying out a huge transaction in no seconds. It will only take time, the world will approve of it

Very very exciting @whatageek. I think we are lucky to be among the new adopters here at Steemt :)

Thanks for sharing !!

I thought blockchain is an abstract on it self or am I wrong?

A good area to keep highlighting :) And I'm still amazed by Steem and the development going on here, and it's just one of the first uses. Genius.

So this is what future looks like