Blockchain is trustless and transparent. People do not need to trust, they just need to verify. Its transparency allows to track all transactions. It also allows for data to be added that can not be removed.
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Human interaction and AI, when will symbiosen begin, are there validated use cases and the pros and cons of such?
I donât understand the question. Are you talking about singularity?
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Interesting questions you âairâ in this forum, have you ever watched âin-timeâ or âThe Hunger Gamesâ these movies maybe sci-fictions, but can also be to reality, your thoughts determine your destiny.
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DO YOU AGREE THAT A SYMBIOSEN CAN OCCOUR, OR CAN AI SURVIVE WITHOUT âthe human factorâ, SO SINGULARITY IT IS
Probably changing the financial world for life
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Decentralized and secure
Blockchains are database architectures of a decentralized network and are probably the most inmutable objets in the world, so they are the perfect medium to register history and store value by recreating scarcity but in digital form.
It accomplish this by implementing 3 fundaments: (1) a decentralize peer to peer network, (2) a consensus algorithm to incentives participants to keep the network working, and (3) public cryptography.
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Do all cryptocurrencies use blockchain technology therefore making them all decentralized?
Mostly yes, there are other currencies that use a different approach like DAGs and there are also currencies that claim to be currencies but are close source or have a centralized block creation process and a lot of stuff in between just to be able to say they are cryptocurrencies.
I consider most of these not cryptocurrencies and scams. 
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- How does blockchain enable digital provenance?
Provenance uses an immutable ledger of transactions that cannot be altered. - Why doesnât a normal database bring the same provenance?
Normal databases are centralized and data can be changed by administrators. - Why is digital provenance such a great benefit to many businesses?
Businesses using digital provenance can have real time audited records of their supply
chain and a trustless way to tie each part of a finished product to the original supplier.
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Can not be manipulated, transparent and there is a âserverâ that serves as a public ledger
Great discussion chersflair and Paultier. Wow!
Will disrupt the financial industryâs !
Its apolitical, global, secure and programmableâŚwill be integral in helping people all over the world
Blockchain is the democracy in wealth generation and sustainability.
Higher Speed. The absence of a central authority or intermediaries makes the information available to all participants in the on-site network. The simplification of the data transmission process inherently entails a greater speed in the management of any information, which allows companies to act more quickly.
Lower cost. This technology is a cheap technology, not only because it reduces the overload process by eliminating intermediaries, but also because it offers the possibility of streamlining processes and communications. The direct relationship between the systems and devices of the companies, through this technology, allows to automate the execution of the processes.
Transparency. An important advantage is that it is more transparent than any other system. It offers a clearer view of the origin of the transactions, whatâs more, anyone can check the transactions in the registry, even verify them. In this way, a total transparency of the system is achieved, with everything being audited in the record book.
Tracing. Each block in the chain stores information and the blocks are linked to each other. This makes it easier for organizations to track information and process history permanently. This creates a traceability mechanism that can help organizations to track any single transaction.
Greater security and confidence. Blockchain builds a trusted environment in which the exchange of data is carried out through coded and encrypted operations, which allows safeguarding data exchanges and guaranteeing the security of all those involved. Furthermore, the decentralization of the information guarantees its immutability.
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I am using some points from the nicely summarized list of peterbenx post and the post by bit, (Jul 19).
Transparent, immutable, secure, efficient transactions may be a key to a saner world as global change accelerates. Humans are faced with more evidence of disruptive events in the environment, finance, health, politics, and seemingly an exponential number of other attention grabbing, mind blowing areas. I hope we can begin to see the long term benefits of transparent actions that maybe less under a central control. I hope this leads to a society that allows survival for all members to be more attainable. It will be amazing to see how we thrive as a planet if the survival needs are meet and opportunities exist for individuals to find a passion upon which they may thrive.
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Benefits of using Blockchain is it is decentralized, immutable and is a public ledger.
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The Benefits of Blockchain In Two Words:
Individual Liberty
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