JP Morgan says blockchain impact probably 3 to 5 years away and mostly on trade finance
Interesting article:
“Blockchain isn’t going to reinvent the global payment system, but it will provide marginal improvements.”
- I do not agree here. And I find it funny that Bitcoin is only mentioned once stating that BTC fell by more than 80%.
“The most meaningful impact will probably be three to five years away and mostly on trade finance.”
-I agree that by 3 years from now serious blockchain-based applications (hopefully Steem) will gain momentum and make current centralized applications (e.g. Facebook) obsolete.
@zuerich, We cannot do the absolute predictions but in my opinion Blockchain is underrated and i think that it can reinvent the world and, secondly, Steem have the potential to become giant because it's becoming hub of applications. Stay blessed.