GET https://rct.dev.bbntimes.com/financial/why-organizations-should-be-patient-to-replace-traditional-bulk-payment-systems-with-blockchain

Response
200 OK
IP
18.220.233.2
Profiled on
Token
0a7234

ArticleController :: show

Request

GET Parameters

None

POST Parameters

None

Uploaded Files

None

Request Attributes

Key Value
_controller 
"App\Controller\ArticleController::show"
_firewall_context 
"security.firewall.map.context.main"
_links 
Symfony\Component\WebLink\GenericLinkProvider {#3549
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      -attributes: [
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    3668 => Symfony\Component\WebLink\Link {#3668
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      -rel: [
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      -attributes: [
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    3667 => Symfony\Component\WebLink\Link {#3667
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      -rel: [
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      -attributes: [
        "as" => "script"
      ]
    }
    3666 => Symfony\Component\WebLink\Link {#3666
      -href: "/build/app.js"
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      -attributes: [
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      -attributes: [
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      -rel: [
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      ]
      -attributes: [
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      ]
    }
    3663 => Symfony\Component\WebLink\Link {#3663
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      -rel: [
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      ]
      -attributes: [
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      ]
    }
    3662 => Symfony\Component\WebLink\Link {#3662
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      -rel: [
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      ]
      -attributes: [
        "as" => "script"
      ]
    }
    3661 => Symfony\Component\WebLink\Link {#3661
      -href: "/build/app.css"
      -rel: [
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      ]
      -attributes: [
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      ]
    }
    3660 => Symfony\Component\WebLink\Link {#3660
      -href: "/build/cookie-style.css"
      -rel: [
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      ]
      -attributes: [
        "as" => "style"
      ]
    }
    3659 => Symfony\Component\WebLink\Link {#3659
      -href: "/build/term-condition-css.css"
      -rel: [
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      -attributes: [
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    3658 => Symfony\Component\WebLink\Link {#3658
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      -rel: [
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      -attributes: [
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    }
    3657 => Symfony\Component\WebLink\Link {#3657
      -href: "/build/comment-css.css"
      -rel: [
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      ]
      -attributes: [
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}
_route 
"article_show"
_route_params 
[
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]
_security_firewall_run 
"_security_main"
_stopwatch_token 
"6d6506"
category 
"financial"
slug 
"why-organizations-should-be-patient-to-replace-traditional-bulk-payment-systems-with-blockchain"

Request Headers

Header Value
accept 
"*/*"
accept-encoding 
"gzip, br, zstd, deflate"
connection 
"close"
cookie 
"PHPSESSID=j785co2oekkjjokmnam6d1s6bf"
host 
"rct.dev.bbntimes.com"
user-agent 
"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)"
x-php-ob-level 
"1"

Request Content

Request content not available (it was retrieved as a resource).

Response

Response Headers

Header Value
cache-control 
"no-cache, private"
content-type 
"text/html; charset=UTF-8"
date 
"Sat, 22 Feb 2025 13:41:32 GMT"
link 
"</build/runtime.js>; rel="preload"; as="script",</build/644.js>; rel="preload"; as="script",</build/502.js>; rel="preload"; as="script",</build/app.js>; rel="preload"; as="script",</build/view-more.js>; rel="preload"; as="script",</build/term-condition.js>; rel="preload"; as="script",</build/contact.js>; rel="preload"; as="script",</build/scroll-infinite-article.js>; rel="preload"; as="script",</build/app.css>; rel="preload"; as="style",</build/cookie-style.css>; rel="preload"; as="style",</build/term-condition-css.css>; rel="preload"; as="style",</build/contact-css.css>; rel="preload"; as="style",</build/comment-css.css>; rel="preload"; as="style""
x-debug-token 
"0a7234"

Cookies

Request Cookies

Key Value
PHPSESSID 
"j785co2oekkjjokmnam6d1s6bf"

Response Cookies

No response cookies

Session 6

Session Metadata

Key Value
Created 
"Sat, 22 Feb 25 13:41:15 +0000"
Last used 
"Sat, 22 Feb 25 13:41:31 +0000"
Lifetime 
0

Session Attributes

Attribute Value
_csrf/https-comment 
"Zg-fb3PAblmPXDOynZxr_-9L0L1r5VwluOwxuHETpcM"
_csrf/https-cookie_accept 
"khi44bS8SVu3Zc6XHNEWJCU_xApSajcqiaXQqFml3uc"

Session Usage

6 Usages
Stateless check enabled
Usage
Symfony\Component\Security\Csrf\TokenStorage\SessionTokenStorage:76
Show trace 
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Symfony\Component\Security\Csrf\TokenStorage\SessionTokenStorage:79
Show trace 
[
  [
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Symfony\Component\Security\Csrf\TokenStorage\SessionTokenStorage:52
Show trace 
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Symfony\Component\Security\Csrf\TokenStorage\SessionTokenStorage:56
Show trace 
[
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    "line" => 181
    "function" => "show"
    "class" => "App\Controller\ArticleController"
    "type" => "->"
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    "line" => 76
    "function" => "handleRaw"
    "class" => "Symfony\Component\HttpKernel\HttpKernel"
    "type" => "->"
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    "line" => 197
    "function" => "handle"
    "class" => "Symfony\Component\HttpKernel\HttpKernel"
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    "function" => "handle"
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    "type" => "->"
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  [
    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/autoload_runtime.php"
    "line" => 29
    "function" => "run"
    "class" => "Symfony\Component\Runtime\Runner\Symfony\HttpKernelRunner"
    "type" => "->"
  ]
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      "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/autoload_runtime.php"
    ]
    "function" => "require_once"
  ]
]
Symfony\Component\Security\Core\Authentication\Token\Storage\UsageTrackingTokenStorage:41
Show trace 
[
  [
    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/symfony/security-core/Authentication/Token/Storage/UsageTrackingTokenStorage.php"
    "line" => 41
    "function" => "getMetadataBag"
    "class" => "Symfony\Component\HttpFoundation\Session\Session"
    "type" => "->"
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  [
    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/symfony/twig-bridge/AppVariable.php"
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    "function" => "getToken"
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    "function" => "handle"
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  [
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    "function" => "show"
    "class" => "App\Controller\ArticleController"
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    "function" => "handleRaw"
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    "type" => "->"
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  [
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    "function" => "handle"
    "class" => "Symfony\Component\HttpKernel\HttpKernel"
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    "function" => "handle"
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    "function" => "run"
    "class" => "Symfony\Component\Runtime\Runner\Symfony\HttpKernelRunner"
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  [
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    "line" => 5
    "args" => [
      "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/autoload_runtime.php"
    ]
    "function" => "require_once"
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]
Symfony\Component\Security\Http\Firewall\ContextListener:171
Show trace 
[
  [
    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/symfony/security-http/Firewall/ContextListener.php"
    "line" => 171
    "function" => "remove"
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  [
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    "line" => 116
    "function" => "onKernelResponse"
    "class" => "Symfony\Component\Security\Http\Firewall\ContextListener"
    "type" => "->"
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  [
    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/symfony/event-dispatcher/EventDispatcher.php"
    "line" => 220
    "function" => "__invoke"
    "class" => "Symfony\Component\EventDispatcher\Debug\WrappedListener"
    "type" => "->"
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  [
    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/symfony/event-dispatcher/EventDispatcher.php"
    "line" => 56
    "function" => "callListeners"
    "class" => "Symfony\Component\EventDispatcher\EventDispatcher"
    "type" => "->"
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    "function" => "dispatch"
    "class" => "Symfony\Component\EventDispatcher\EventDispatcher"
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    "function" => "dispatch"
    "class" => "Symfony\Component\EventDispatcher\Debug\TraceableEventDispatcher"
    "type" => "->"
  ]
  [
    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/symfony/http-kernel/HttpKernel.php"
    "line" => 202
    "function" => "filterResponse"
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Flashes

Flashes

No flash messages were created.

Server Parameters

Server Parameters

Defined in .env

Key Value
APP_ENV 
"dev"
APP_SECRET 
"0a988e63f011514eaabfc650b599af4d"
CORS_ALLOW_ORIGIN 
"*"
DATABASE_URL 
"mysql://bbndb_rctuser:33F5W25z40or0f7@localhost:3306/rct_bbntimes"
GOOGLE_RECAPTCHA_SECRET_KEY 
"6LdV5fgpAAAAANxzTG8ZMfIjil1wu-1vrQvnUt-x"
GOOGLE_RECAPTCHA_SITE_KEY 
"6LdV5fgpAAAAAENKcn73MJAhQrbtQeqgyC4wDLMP"
MAILER_DSN 
"smtp://no-reply%40rct.dev.bbntimes.com:Bl6%26gLD48%26Of919@rct.dev.bbntimes.com:465"
MARIADB_PASSWORD 
"i!87pK&!85ezc8"

Defined as regular env variables

Key Value
APP_DEBUG 
"1"
BASE 
"/public"
CONTEXT_DOCUMENT_ROOT 
"/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com"
CONTEXT_PREFIX 
""
DOCUMENT_ROOT 
"/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com"
FCGI_ROLE 
"RESPONDER"
GATEWAY_INTERFACE 
"CGI/1.1"
HTTPS 
"on"
HTTP_ACCEPT 
"*/*"
HTTP_ACCEPT_ENCODING 
"gzip, br, zstd, deflate"
HTTP_CONNECTION 
"close"
HTTP_COOKIE 
"PHPSESSID=j785co2oekkjjokmnam6d1s6bf"
HTTP_HOST 
"rct.dev.bbntimes.com"
HTTP_USER_AGENT 
"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)"
PASSENGER_COMPILE_NATIVE_SUPPORT_BINARY 
"0"
PASSENGER_DOWNLOAD_NATIVE_SUPPORT_BINARY 
"0"
PATH 
"/usr/local/sbin:/usr/local/bin:/usr/sbin:/usr/bin:/sbin:/bin:/snap/bin"
PHP_SELF 
"/public/index.php"
PP_CUSTOM_PHP_CGI_INDEX 
"plesk-php81-fastcgi"
PP_CUSTOM_PHP_INI 
"/var/www/vhosts/system/rct.dev.bbntimes.com/etc/php.ini"
QUERY_STRING 
""
REDIRECT_BASE 
"/public"
REDIRECT_HTTPS 
"on"
REDIRECT_PASSENGER_COMPILE_NATIVE_SUPPORT_BINARY 
"0"
REDIRECT_PASSENGER_DOWNLOAD_NATIVE_SUPPORT_BINARY 
"0"
REDIRECT_REDIRECT_HTTPS 
"on"
REDIRECT_REDIRECT_PASSENGER_COMPILE_NATIVE_SUPPORT_BINARY 
"0"
REDIRECT_REDIRECT_PASSENGER_DOWNLOAD_NATIVE_SUPPORT_BINARY 
"0"
REDIRECT_REDIRECT_SCRIPT_URI 
"https://rct.dev.bbntimes.com/financial/why-organizations-should-be-patient-to-replace-traditional-bulk-payment-systems-with-blockchain"
REDIRECT_REDIRECT_SCRIPT_URL 
"/financial/why-organizations-should-be-patient-to-replace-traditional-bulk-payment-systems-with-blockchain"
REDIRECT_REDIRECT_SSL_TLS_SNI 
"rct.dev.bbntimes.com"
REDIRECT_REDIRECT_STATUS 
"200"
REDIRECT_REDIRECT_UNIQUE_ID 
"Z7nUDLiBoyj8JZ8-HGyGmQAAABc"
REDIRECT_SCRIPT_URI 
"https://rct.dev.bbntimes.com/financial/why-organizations-should-be-patient-to-replace-traditional-bulk-payment-systems-with-blockchain"
REDIRECT_SCRIPT_URL 
"/financial/why-organizations-should-be-patient-to-replace-traditional-bulk-payment-systems-with-blockchain"
REDIRECT_SSL_TLS_SNI 
"rct.dev.bbntimes.com"
REDIRECT_STATUS 
"200"
REDIRECT_UNIQUE_ID 
"Z7nUDLiBoyj8JZ8-HGyGmQAAABc"
REDIRECT_URL 
"/public/financial/why-organizations-should-be-patient-to-replace-traditional-bulk-payment-systems-with-blockchain"
REMOTE_ADDR 
"18.220.233.2"
REMOTE_PORT 
"34374"
REQUEST_METHOD 
"GET"
REQUEST_SCHEME 
"https"
REQUEST_TIME 
1740231692
REQUEST_TIME_FLOAT 
1740231692.2072
REQUEST_URI 
"/financial/why-organizations-should-be-patient-to-replace-traditional-bulk-payment-systems-with-blockchain"
SCRIPT_FILENAME 
"/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/public/index.php"
SCRIPT_NAME 
"/public/index.php"
SCRIPT_URI 
"https://rct.dev.bbntimes.com/financial/why-organizations-should-be-patient-to-replace-traditional-bulk-payment-systems-with-blockchain"
SCRIPT_URL 
"/financial/why-organizations-should-be-patient-to-replace-traditional-bulk-payment-systems-with-blockchain"
SERVER_ADDR 
"5.196.1.209"
SERVER_ADMIN 
"[no address given]"
SERVER_NAME 
"rct.dev.bbntimes.com"
SERVER_PORT 
"443"
SERVER_PROTOCOL 
"HTTP/1.1"
SERVER_SIGNATURE 
"<address>Apache Server at rct.dev.bbntimes.com Port 443</address>\n"
SERVER_SOFTWARE 
"Apache"
SSL_TLS_SNI 
"rct.dev.bbntimes.com"
SYMFONY_DOTENV_VARS 
"APP_ENV,APP_SECRET,DATABASE_URL,MARIADB_PASSWORD,CORS_ALLOW_ORIGIN,MAILER_DSN,GOOGLE_RECAPTCHA_SECRET_KEY,GOOGLE_RECAPTCHA_SITE_KEY"
UNIQUE_ID 
"Z7nUDLiBoyj8JZ8-HGyGmQAAABc"

Sub Requests 6

CookieController :: renderAnalysis (token = 58bfc7)

Key Value
_controller 
"App\Controller\CookieController::renderAnalysis"
_format 
"html"
_locale 
"en"
_stopwatch_token 
"95b3c8"

AppController :: renderHeader (token = becd9a)

Key Value
_controller 
"App\Controller\AppController::renderHeader"
_format 
"html"
_locale 
"en"
_stopwatch_token 
"3604d4"
slug 
"home"

ArticleController :: trendingArticle (token = e973ac)

Key Value
_controller 
"App\Controller\ArticleController::trendingArticle"
_format 
"html"
_locale 
"en"
_stopwatch_token 
"335ff2"
category 
"Finance"

ArticleController :: relatedArticles (token = 7952d0)

Key Value
_controller 
"App\Controller\ArticleController::relatedArticles"
_format 
"html"
_locale 
"en"
_stopwatch_token 
"1c9994"
current_article 
App\Entity\Article {#1094
  -id: 10774
  -title: "Why Organizations Should Be Patient to Replace Traditional Bulk Payment Systems with Blockchain"
  -slug: "why-organizations-should-be-patient-to-replace-traditional-bulk-payment-systems-with-blockchain"
  -introtext: "<p>Bulk payment transactions powered by blockchain are affected by several factors including total network activity, hashrate and transaction fees.</p>\r\n"
  -content: """
    \r\n
    <p>Due to its association with ledgering and transactions, blockchain has been viewed as an obvious replacement for existing payment systems. However, immediate use of <a href="technology/is-the-blockchain-technology-doing-any-good-to-the-transportation-industry" target="_blank" rel="noopener">blockchain</a> in bulk payment systems despite blockchain’s current immaturity, may prove to be risky.</p>\r\n
    <p><img src="/images/Blockchain_Process.jpeg" alt="Blockchain_Process.jpeg" width="900" height="457" /></p>\r\n
    <p><br />Blockchain, which is inherently a ledgering system, is being considered to form the basis of all future transactional systems. This is especially true for the bulk payment systems, such as the Automated Clearing House(ACH) system in the US and the inter-bank RTGS networks. However, using blockchain in bulk payment systems as a replacement for the existing technology may not be the best decision.&nbsp;This is because several issues remain to be resolved, which will happen only as the technology matures. But until then, blockchain applications should be limited to areas where long-term risks are minimal and short-term benefits are easily achievable.</p>\r\n
    <h2><strong>Challenges of Using Blockchain to Process Bulk Payments</strong></h2>\r\n
    <div class="slate-resizable-image-embed slate-image-embed__resize-full-width"><img src="/images/Blockchain_Systems.png" alt="Blockchain_Systems.png" width="900" height="530" /></div>\r\n
    <p><br />Blockchain has been around for only about a decade now, and hadn’t been considered for non-cryptocurrency applications until around 2014. This means that the technology has not achieved the level of maturity required for stable implementation. This immaturity implies that many of&nbsp;blockchain’s inherent issues, vulnerabilities, and capabilities are still obscure, and are continually evolving.</p>\r\n
    <p>The current dynamic state of blockchain also means that there is a shortage of experts with the technical know-how on effective implementation, making the process of adopting this technology fraught with uncertainties. Given this, if blockchain is used as an immediate replacement for the existing regulated and widely connected bulk payment systems, then the potential damage caused by failure could be massive and could impact economies instead of individual businesses.</p>\r\n
    <p>Investing in a blockchain-inspired overhaul of stable, fairly new transaction networks that are already very efficient would not justify the cost and the effort, especially if those existing systems have been recently installed. Due to lack of blockchain knowledge and the hype surrounding it, most organizations use the technology without<a href="https://www.investopedia.com/terms/d/duediligence.asp" target="_blank" rel="noopener"> due diligence</a>.</p>\r\n
    <h2><strong>What Can Be Done to Improve Blockchain?</strong></h2>\r\n
    <p><img src="/images/Blockchain_in_Finance.png" alt="Blockchain_in_Finance.png" width="1039" height="485" /></p>\r\n
    <p><em><a href="https://www.cbinsights.com/research/blockchain-disrupting-banking/" target="_blank" rel="noopener">Source: CB Insights<br /><br /></a></em></p>\r\n
    <p>Since the scope of impact for a failure in a blockchain network in bulk payment systems is huge, such applications should be avoided for at least the next couple of years, according to a&nbsp;Gartner research. Instead, the application of blockchain should focus on non-payment areas where the risks are not as significant, but the benefits are easily visible. In such cases, blockchain should mainly be used to record transactions, and not necessarily to carry out transactions, as in a bulk payment system For instance, blockchain can be used to maintain records of births and deaths, patents, and real estate ownership. Such an application is exemplified by&nbsp;Sony’s blockchain-based digital rights management(DRM) system. These applications should be looked upon as proofs-of-concept for eventual adoption of blockchain in bulk payment systems. Once cases of successful blockchain application become increasingly common, signifying the maturity of the technology, application in bulk payments should be seriously considered.</p>\r\n
    <h2>Conclusion</h2>\r\n
    <p>The&nbsp;potential impact of blockchain technology&nbsp;in making payments convenient, transparent, and faster is undeniable. However, the initial application of blockchain should focus on improving non-payment areas that involve a manageable amount of risk. With continuous innovation and experimentation, application of blockchain in bulk payment systems can be eased into practice.</p>\r\n
    <p>&nbsp;</p>
    """
  -user: Proxies\__CG__\App\Entity\User {#1092 …}
  -createdAt: DateTime @1643995440 {#1145
    date: 2022-02-04 17:24:00.0 UTC (+00:00)
  }
  -updatedAt: DateTime @1643996012 {#1150
    date: 2022-02-04 17:33:32.0 UTC (+00:00)
  }
  -deletedAt: null
  -category: App\Entity\Category {#445 …}
  -status: "published"
  -imageCard: Proxies\__CG__\App\Entity\File {#1184 …}
  -ImageHeader: Proxies\__CG__\App\Entity\File {#1184 …}
  -featured: false
  -mainView: false
  -clicks: 4973
  -comments: Doctrine\ORM\PersistentCollection {#1125 …}
  -reviewed_at: DateTime @1643995440 {#1148
    date: 2022-02-04 17:24:00.0 UTC (+00:00)
  }
  -metakey: "Why Organizations Should Be Patient to Replace Traditional Bulk Payment Systems with Blockchain"
  -metadesc: "Bulk payment transactions powered by blockchain are affected by several factors including total network activity, hashrate and transaction fees."
  -robots: null
  -publishedAt: DateTime @1643995440 {#1147
    date: 2022-02-04 17:24:00.0 UTC (+00:00)
  }
  -canonical: null
  -superTag: null
}

AppController :: renderFooter (token = 38c722)

Key Value
_controller 
"App\Controller\AppController::renderFooter"
_format 
"html"
_locale 
"en"
_stopwatch_token 
"7ec1ac"

CookieController :: renderCookie (token = d559bf)

Key Value
_controller 
"App\Controller\CookieController::renderCookie"
_format 
"html"
_locale 
"en"
_stopwatch_token 
"50b2cc"