Blockchain technology has become a frequent topic in IELTS Writing Task 2 examinations, particularly since 2019. Based on analysis of past exam questions and current technological trends, this subject appears in approximately 15% of technology-related questions, with a high probability of continued appearance in future tests.
Blockchain technology: future of transactions? is increasingly relevant as more countries adopt digital solutions. Let’s examine a recent IELTS question that highlights this topic.
Question Analysis
Some people believe that blockchain technology will revolutionize many aspects of our lives, while others think its impact is overrated. Discuss both views and give your opinion.
This question requires candidates to:
- Explore different perspectives on blockchain’s potential impact
- Evaluate arguments for and against blockchain adoption
- Present a clear personal stance
- Support arguments with relevant examples
Sample Essay 1 (Band 8.5)
In recent years, blockchain technology has sparked intense debate regarding its transformative potential. While proponents herald it as a revolutionary force, skeptics maintain that its influence is exaggerated. This essay will examine both perspectives before presenting my own viewpoint.
Those who champion blockchain technology argue that it will fundamentally reshape numerous sectors. The technology’s decentralized nature and immutable record-keeping capabilities make it ideal for securing financial transactions, supply chain management, and digital identity verification. For instance, impact of blockchain on transaction security has already demonstrated significant benefits in reducing fraud and ensuring transparency in international money transfers.
Conversely, critics contend that blockchain’s impact is overstated. They point to technical limitations such as scalability issues, high energy consumption, and the complexity of implementation across existing systems. Furthermore, many proposed blockchain applications could potentially be achieved through conventional databases and security measures.
In my opinion, while blockchain technology may not transform every aspect of our lives, its potential to revolutionize certain sectors is undeniable. How can technology improve healthcare in developing countries? demonstrates how blockchain can enhance medical record management and pharmaceutical supply chain verification, particularly in regions with limited infrastructure.
Blockchain Technology Implementation in Financial Sector
Sample Essay 2 (Band 6.5)
Blockchain technology is a new technology that many people talk about today. Some people think it will change everything in our lives, but others don’t agree. I will discuss both sides and give my opinion.
Many people believe blockchain will change everything. They say it is good for money transfers and keeping records safe. For example, banks can use it to make transfers faster and safer. Also, companies can use it to track their products better.
However, other people think blockchain is not as important as people say. They think it has many problems like using too much electricity and being difficult to use. Many companies tried to use blockchain but failed because it was too complicated.
In my opinion, blockchain is useful for some things but not everything. It is good for banks and big companies, but normal people don’t need to use it much. Maybe in the future, it will become more important, but now it is still developing.
Key Vocabulary
- Immutable (adj) /ɪˈmjuːtəbl/ – unchangeable over time
- Decentralized (adj) /diːˈsɛntrəlaɪzd/ – distributed control rather than single authority
- Scalability (n) /skeɪləˈbɪlɪti/ – ability to handle growing amounts of work
- Implementation (n) /ɪmplɪmɛnˈteɪʃən/ – process of putting a plan into action
- Transformation (n) /trænsfɔːˈmeɪʃən/ – complete change in form or appearance
Conclusion
This topic will likely continue appearing in IELTS Writing Task 2, possibly in questions about:
- Environmental impact of blockchain technology
- Digital currency adoption
- Privacy and security concerns
- Economic implications of blockchain
Practice writing your own essay on this topic and share it in the comments for feedback. Consider exploring how technology can support social justice for additional perspective on technology’s societal impact.
