facebookShare your thoughts on how Blockchain will impact the world of finance and/or personal finance? - Seedly

Kenneth Lou

Co-founder at Seedly

07 Jun 2019

Insurance

Share your thoughts on how Blockchain will impact the world of finance and/or personal finance?

The hype seemed to have tapered down a little since last year... and the tide is falling (ie the real companies are rising to the top). But with that being said, interested to know if the community has any thoughts on how this will affect the world of finance in your opinion!

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Jeff Yeo

07 Jun 2019

amateur Social contributor at School of social sharing

In the future I believe contracts and payments will be made in a flash using advance multi factor biomatrix Authentication.

This will be powered by block chain technology that would marry business IT systems together with bio technology.

This is is the beauty of block chain to form and validate digital contracts

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HC Tang

09 Oct 2018

Financial Enthusiast, Budgeting at The Society

IMHO, I belive the underlying tech still need some maturing.

The hype of bitcoin die down a little, its still more of a hype. But I don't see the rest of the blockchain being deploy very efficiently yet, still some teething issue to resolve and it's not even known by majority of the people out there. They only heard of crytocurrency but nobody really cares much or know much about blockchain.

​Hopefully the exiting incumbent matures more in the underlying tech, this way it can be applied to mainly Finance and also every business. I see it possible since we always need transaction record tracking, transaction history tracking, records validation. Blockchain is the basis for keeping track of data changes / information changes that requires authentication, thus I still believe it can be the basis for the transaction record tracking in the future of all trades / business.

​Just waiting for it's maturity :)

Kenneth Lou

09 Oct 2018

Co-founder at Seedly

Just gonna drop this image here on this topic!

On whether blockchain is really needed for your o...

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