Three Trends That Will Shape The Future Of Blockchain Technology in 2019
Regardless of entering the “trough of
According to the MIT Review, blockchain will be so common in 2019 that it’ll become “boring”. MIT further analyzed the move to normalize blockchain in 2019 being facilitated by mega-corporations like Walmart and by institutional momentum building on Wall Street.
Less Flash More Substance
2018 witnessed supervisory bodies getting involved, which indicates that this year we would observe less fraudulent activities regarding projects developed (or not developed) on
Privacy in Focus
Blockchain and IoT Integration Picks Up Momentum
According to one report, the use of blockchain technology to secure data and devices in the Internet of Things (IoT) increased two-fold during 2018. This trend is likely to continue this year and beyond, as more organizations come around to the potential of distributed, encrypted ledger technology in this field. The powerful encryption used to secure blockchains means that invaders require a massive amount of computing power to brute-force their way into just one node. Additionally, their decentralized nature means attackers can't sidestep security by knocking out a single-point-of-failure with, for example, a denial-of-service attack.
Blockchain impact on different verticals has not gone unnoticed, and that’s why we are more favorable towards its growth in 2019. Do you think the concept is merely hype or holds real hope? Leave your comments in the section below!
Strategic Systems International (SSI) is an Advanced Analytics and Software Engineering firm that delivers data-driven projects to tech companies and enterprises around the world. Explore the case studies here. Contact us to learn how we can develop a solution featuring both the cutting-edge technologies that can benefit your business.
Banks have been under attack from many quarters. Are banks about to face an existential crisis due to the rise of Fintech firms? Learn with us.
It is being said that blockchain technology will revolutionize the world more than the internet has. It is being said that blockchain is even bigger than the internet..
SSI take on Techweek Chicago 2015 . Techweek hosts a 7-day series of events with a 2-day technology conference and expo to bring together a mixture of entrepreneurs, visionaries, and thought leaders..
Catapult Chicago invited SSI to deliver a seminar on best practices to develop a scalable tech infrastructure..