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[Balint098]

According to a new research report conducted by Pricewaterhouse Coopers, a company that specialize in business consulting blockchain may be able to boost the world economy by 1.76 trillion in the next decade. Asian countries will be the one that will benefit the most from this blockchain development. India, China and Japan will be the driving force behind the development in the continent due to their huge economy sizes.

 

[Niftyicon]

Since it was a research, there must have been some facts backing the conclusion that Asian countries will benefit more. The important thing is for the boost to trickle through all other nations.

 

[gammarays]

Yes it should. It has shown positive features so far and has proved to be cost effective and faster. From voting to taxation and data collection, blockchain will make lives easier.

 

[Brain]

Yes it should. It has shown positive features so far and has proved to be cost effective and faster. From voting to taxation and data collection, blockchain will make lives easier.

Definitely, blockchain is here to help make life a lot easier for everyone that appreciate it and is ready to use it for greater good. Technology is really helping humanity have a lot better life.

 

[George10640]

Blockchain will help deal with many difficulties more have been undergoing that other systems didn't solve.First I think a lot of opportunities have been and will be created surrounding the blockchain world. From investing with it and services eased by it will boost for sure.I love it because it is so diverse and most countries have incorporated.

 

[Josemendez]

This is a fact that most countries know but yet are not ready to accept . blockchain will improve the lives of citizens offering them another opportunity to earn a living

 

[Niftyicon]

This is a fact that most countries know but yet are not ready to accept . blockchain will improve the lives of citizens offering them another opportunity to earn a living

Some companies have jumped on the wagon of acceptance already and are using the technology for great exploits. Those not accepting or using it yet are the ones losing out.

 

[Wisdom01]

Yeah Blockchain could do so because it has been helping in some sectors and I notice that China are more concerned on the project

 

[Brain]

This is a fact that most countries know but yet are not ready to accept . blockchain will improve the lives of citizens offering them another opportunity to earn a living

Your observations is right.some countries needs to do better And embrace whatever new thing that can help improve their economy like this blockchain

 

[Josemendez]

Your observations is right.some countries needs to do better And embrace whatever new thing that can help improve their economy like this blockchain

Yeah but sadly the corrupt nature of politicans won't allow them to accept blockchain which will not permit any form of stealing . This is the major challenge facing blockchain

 

[Niftyicon]

Yeah but sadly the corrupt nature of politicans won't allow them to accept blockchain which will not permit any form of stealing . This is the major challenge facing blockchain

You are probably right. Anything that could bring their corrupt and fraudulent practices to limelight will not easily be accepted by them.

 

[Brain]

Yeah but sadly the corrupt nature of politicans won't allow them to accept blockchain which will not permit any form of stealing . This is the major challenge facing blockchain

Corrupt practices is the real cause of economic problem of the world. A lot of people just want the easy way by indulging in dubious activities like what you are talking about

 

[Ginatime]

Until block chain is widely accepted then we will all see the driven force.
And its not about a country benefitting from it most.
And what fact hold it that Asian will benefit most?
Or maybe the researcher is from Asian and speaks from his own research.
Blockchain can create more employment which some country can see now.

I totally agree with you and alao Blockchain can also help to boost the economy of the nation of the world if accepted and implimented and used has local currency

 

[Josemendez]

Until block chain is widely accepted then we will all see the driven force.
And its not about a country benefitting from it most.
And what fact hold it that Asian will benefit most?
Or maybe the researcher is from Asian and speaks from his own research.
Blockchain can create more employment which some country can see now.

I believe he has his reasons for that moreover they are more inclined to technological development than any other country thus it should come to you as surprise

 

[Josemendez]

Hmm as at now you are but that still doesn't give them high chance of benefiting most.
What if a country now made an announcement that there currency will now be in crypto currency and then they even printed it out too.
What do you think will happen?
First such country will have new immigration as more people will come in especially in those places that crypto currency has not been supported yet.
Its matter of time

I don't see any country that will do such thing because this will make their currency to be volatile and at such may not be recognized worldwide . It is true that there is gain with such volatility but not when it is a digital version of fiat currency

 

[Josemendez]

Well you see doing that is a new thing that other country haven't practiced before.
First there will be employment rate as more crypto currency company will come in into the country to establish company's and also more industry will be created.
Even the tectechnology will develop first it will be to there advantage and as such not recognizing worldwide.
Since tgey accept as there currency so what else??
It a good development to me

This is when the country develop a cryptocurrency which is different from their fiat currency . Once it is the digital version of their fiat currency, then no one will engage in it

 

[Wisdom01]

BLockchain technology is huge and incredible and I'm sure it will help economies, even now it's already boosting country's economy through the powering of Cryptocurrencies

Yeah most banks too have actually seen the high benefits attached to the use of blockchain , like it could be used to make transaction more faster , so its really important

 

[achawaskey]

This is definitely good because I have just learnt many things blockchain could do, not only in crypto, so if properly deployed it could reach that estimate.

 

[Kunkun]

With this then I have so much hope for the future, because the block chain technology not only works for crypto currency but for a while diverse things that could be benefit to any economy

 

[Brain]

Since it was a research, there must have been some facts backing the conclusion that Asian countries will benefit more. The important thing is for the boost to trickle through all other nations.

Definitely, we all needs this boost in our different destinations. I'm always rooting for any postive innovations that will be valuable to the world