Steemit Crypto Academy Contest / S2W3 - Blockchain in our lives @sduttaskitchen|Club75
Dear friends of this creative community, how are you all? I hope you all are fine and taking care of yourselves.
Yesterday I was going through the post that has published on @steemitblog;
there I found several impressive topics, but the foremost subject, that caught my eyes was on Steemit Crypto Academy Contest / S2W3.
It is not that for the first time I visited their post, but I never extrapolated that much courage to participate because I am still learning, and each day, I try to increase my knowledge in this sector.
Whatever proficiency, I figured only by reading several creative posts. But today, I gathered some gutsiness to participate in this contest to share my thoughts about the topic.
HOW BLOCKCHAIN CHANGING OUR LIVES:-
1.It has become a crucial source of income during the lockdown:-
That is a million-dollar question, at least for me. Blockchain changed my life completely, predominantly during the lockdown.
Apart from the technical side, I would say it has now blockchain become a source of income for several people.
I know several friends of mine who only earn from this platform apart from myself.
2.Blockchain does not have a retirement time:-
While doing any job we get a specific time limit to perform because according to the protocol there is a retirement time in every job but we do not have that option in the blockchain sector.
3.Every generation people accumulate a place to show their creativities:-
Often we can't focus on our passion because we have some responsibilities that we need to perform regularly;
but this blockchain breaks that taboo and gives everyone a deserved chance to perform no matter what age/gender/country they belong from.
People now can fulfill their passions through this platform.
4.Indian government also announced to lodge cryptocurrency:-
It is not that everyone is an expert in trading but announcing the lodge of cryptocurrency is relieving for those blockchain users who were facing trouble withdrawing crypto in India.
My point is once the government shows interest in this field then the path to improvement will be an easy task for those who are working in the background.
DISADVANTAGE:-
I didn't find any disadvantages except the fluctuation of the currencies because that often spooks investors because I have seen several invest a lot in this sector;
But if we ignore those risk factors, then everything in this blockchain is immaculate.
If I could explain it in one word, then I would use one word for the future of the blockchain is 'promising.'
I would say the credit goes to all generations because when youth develop something;
then it is also required that everyone should accept that gladly. I can show an example here with some other technology. When the cell phone was not invented;
At that time, we only used a landline. But when the cell phone became available in the market all ages accepted it gradually and gladly.
The technology became successful because all generations of people gladly accepted that.
Simultaneously, people now showing their interest in the blockchain no matter what is their age or gender;
and as I mentioned, the government also keeps concentrating on it, so the future of the blockchain is bright.
Apart from invention acceptance is equally important. Several businessmen and companies are showing interest in this sector to secure their data.
Maybe in the future, we can get a debit card with a chip that will work for trading cryptocurrency.
EXECUTION IN THE HEALTH SECTOR
Blockchain can be very useful for the health sector as inside the blockchain data will be much more secure than other sectors. And it can't be deleted so when this service is used in the health sector several can take advantage of this system.
Through this system of blockchain, we can secure the case history of patients and also can use this advanced technology;
If we can join other health providers then we can deliver the best treatment.
Everything will be time-saving and more secure while using this technology implementation.
CONCLUSION
In the end, I would like to say change needs time, but when it comes to evolution;
we must appreciate those transformations. Now the blockchain became a well-known field;
but if we look five years back, a few were aware of it. So, I acknowledge blockchain will bring a revolution soon; and that is for betterment.
Our planet is in better hands, and they will definitely make some remarkable changes that will help people to get an easy and helpful lifestyle.
Lastly, I would say, we must undoubtedly welcome our modern technologies, but we should always depend on our brains.
That was my belief about blockchain and its future.
I hope you like my perception of blockchain. Though that is my pathway to look at blockchain technology, several can differ.
Thank you, @SteemitCryptoAcademy, for arranging such a fabulous contest. Stay blessed, healthy, and happy all of you.
@sduttaskitchen. You have made some really cruicial points here. The truth remains that we cannot deny the impact blockchain has had on our lives in a relatively short time. Let me also respond to this:
Data security is an area blockchain has been so useful in the healthcare sector. Patients will have their data immutably stored in a very secure way. Hacking is not too common in the blockchain sector. When it is used to manage patient health records, blockchain is simply the most secure
Thank you for spending your valuable time here. It's true that block chain is improved and already covered several sectors already. In future people will show much interest in this sector if we look back will find that already block chain growth is remarkable.
This is the first thing that has caught my eye and I think you have stated it rather beautifully.
Yes and because working on the blockchain doesn’t require so much manpower a retired person or old person will not need so much energy to use it.
There are other disadvantages as some of the things we see as advantages are limitations to the use of the blockchain at times.
I accept with all the others but I don’t trust the government on this 😂.
If they had their way they will pause the existence of the blockchain and let us all use the traditional systems.
Yes This is a very solid point.
Sometimes we see a sick patients case get worse because he waits in the queue to be able to get his folder even before he is able to see the doctor 😔
Thank you for spending your time and find my post useful. You are absolutely right, our health sector need several changes for betterment and block chain can make those changes. It will also help people to get better treatment. Government just announced but truly speaking I also differ because they declared 30% tax on every withdrawal.
😱30% task on every withdrawal is a huge amount.
Hey Dear.
I am happy for your country. Adopting cryptocurrency and blockchain activities is one of the best things a country can do for its citizens. I am sure your president is a good man. He has the people at heart.
Keep steeming and engaging in crypto activities, you would be a better person in all ramifications.
First of all thank you for your visit, in this year budget government just announced the news but they also added 30% tax on every withdrawal. But still everything is under process.
It's still better than the countries where crypto is still being criticized and not given a chance to thrive.
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Hi friend, you have mentioned classic points. Blockchain is permissionless, anyone can access it. It does not also have retirement time, which means transactions can be confirmed at every given time. Kudos in your entry
Thank you my friend for your lovely comment. It was my perception of looking forward to block chain. Whatever I learnt last two years I only share them here
Hello friend @sduttaskitchen
I am really glad to have read your entry, to be honest you really did well.
You have analysed and give your opinion on how the blockchain technology will affect the health sector, and I love the points you gave.
Another aspect of your post I enjoyed was the advantages of blockchain that you explained.
And the little I'll love to add is that I believe that blockchain is the future of our world.
Wish you all the best in this contest.
Kindly drop your review on my engagement contest
First of all thank you for your appreciation. Already several companies started using block chain so it could be quite possible that in future Blockchain will cover several more sectors.
The innovation blockchain brings to the healthcare system is great.
Thank you for stopping by and sharing your comment
You have written an interesting post about the Blockchain in our lives my friend. You rightly mentioned that one of the disadvantages of Blockchain is the fluctuation of the prices of its crypto currency. Volatility is a big factor.
This is a great post and I wish you the very best in this contest.
Thank you for your appreciation and views.
Truly the future of Blockchain is promising, we can see that even right now Blockchain is taking over because of its great factors like decentralization, fast and unlimited transaction. Implementation of Blockchain in health sector is good as it will help secure patient data in such a way it can not be lost or altered. Thank you for sharing.
You are absolutely right, because now several companies accepted and using block chain system. People also showing interest about the same. That indicates the future of block chain is bright.
This is one of the fantastic features of adopting blockchain technology. It guarantees rea time data availability which ensures efficiency and effectiveness of system process and service delivery.
Thank you @sduttaskitchen, for sharing this post with us.
I would also like to thank you for your visit and comment.