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

Kenneth Lou

Level 14·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!

6

      Discussion (6)

      What are your thoughts?

      Kenneth Lou

      Kenneth Lou

      09 Oct 2018

      Level 14·Co-founder at Seedly

      Just gonna drop this image here on this topic!

      On whether blockchain is really needed for your organisation.

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          Soon Xiaohui

          Soon Xiaohui

          09 Oct 2018

          Level 6·Analyst at Common Place

          Actually blockchain is a technology which many people mistaken them. They always refer cyptocurrency = blockchain however that is not true at all. Cyptocurrency is just an application which is build on blockchain technology. I prefer to call blockchain a transaction ledger in simplied term.

          In future, I would like to see more application using blockchain technology as this means there will be more transparency in all the transaction which ever business is doing/making. For instance, in investment point of view, you may see companies' business transaction as an open ledger; perhaps in depth of who is their debtors or creditors. This will allow us to think twice/carefully on the potential of whether should we invest into this company in long term or short term.

          Bitcoins may be a hyde however blockchain technology is never a hyde.

          For additional information, you may read on these following links :)

          https://www.theverge.com/2018/7/23/17602762/goo...

          https://azure.microsoft.com/en-us/solutions/blo...

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              Jeff Yeo

              Jeff Yeo

              07 Jun 2019

              Level 10· 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 b...

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