2018 and Beyond #BLOCKCHAIN TECHNOLOGY

in #bitcoin7 years ago

2018 and Beyond
The #blockchain #discussion will continue to snowball this year as more #understand and develop the technology and it’s capabilities and applications.
#Investment into blockchain is continously on the rise and we are seeing many new start-ups sprinting into this space attracting new investment.
What we are also seeing is the growing interest and involvement of regulators amid concerns over governance and cyber-crime and how to prepare as they try to figure out what is really new about blockchain in case it really takes off.
Our Blockchain Meetup bought together a diverse group from novices to experts all from different backgrounds and sectors with a joint interest in blockchain and what the future holds.

Speed of blockchain adoption

People first need to understand clearly what the blockchain use cases are before mass adoption begins. At the moment the speed of #development is very slow as a result of #knowledge gaps and limited #talent in the blockchain industry. Some within our discussion group believed that people were reluctant to embrace change and they often see it as a burden, rather than an advantage. But, in today’s digital age this is beginning to shift and those willing to innovate will jump leaps and bounds ahead of their competitors.

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8 Essential Blockchain Predictions That Will Define 2018

  1. More use outside of #finance
  2. An Initial Public Offering or #Crowdfunding
  3. 2018 in blockchain years is the equivalent of 1994 to the 1996 boom of the Internet.
  4. A large number of blockchain initiatives will fail.
  5. State-Sanctioned Crypto Currencies
  6. Ethereum will continue to be the largest blockchain developer ecosystem in 2018 by many multiples.
  7. People will take control of their online identities
  8. The total market cap of blockchain-based digital assets will exceed $2 trillion U.S. dollars by January 1,
    2019

Those who avoid this fate will be those who set out with a clear understanding of what they are trying to achieve, and a strategy in place for getting there.

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Although I am super excited about the financial revolution crypto will surely bring, you are right in saying that more uses outside of finance are going to boost is as much, maybe even more so.

Yup it will soon b using in everyday #life @investingtips

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