Year 2018 Blockchain betting
2018 will be the one in which the blockchain technology, underlying Bitcoin, will be booming.
Already the American giant Oracle, the world's second software company, after Microsoft, has launched such a blockchain technology for companies.
This is called Oracle Blockchain Cloud is an advanced, enterprise-class "cloud-based" registry platform that helps customers increase business impact, create new revenue streams, and reduce risks and costs.
Oracle is part of the Hyperledger. Hosted by the Linux Foundation, this is an open-source collaboration designed to advance blockchain technologies.
Microsoft has, in turn, a blockchain-based technology. The Redmond giant has a pilot program whereby blockchain technology is coupled with cloud computing technology on the company's Azure servers. With the help of it, a bank can automate its processes for banking transactions, according to Redmond Mag.
IBM is another block of technology that bet on blockchain, along with artificial intelligence and cloud computing, as Forbes magazine writes in 2017. IBM uses blockchain technology in financial services, supplier management, and logistics. Already, this technology runs on IBM Z Systems mainframes that run on Power-based processors. IBM is, in turn, part of Hyperledger.
The US logistics and courier company UPS recently announced that it has joined Blockchain in the Transport Alliance (BiTA), an alliance that wants to implement transport technology. More specifically, it is known at any time where the cargo, the truck, the owner, where it goes, etc. Annually, goods worth $ 30 billion are stolen only in the US in the freight sector.
Finally, Dubai headmen announced in October that all land transactions in Dubai will be passed into a blockchain chain. The government of the small emirate intends to pass all administrative acts through such a blockchain chain. It has the advantage that data can not be lost and papermaking is reduced.