The blockchain technology has gone far beyond the expectations of its creators. Today, this technology is used in many industries and in the everyday life. This means improved consumer-merchant relationship. No intermediaries are used in the process and thus consumer can close better deals and also be rewarded for participating.
Many industries such as retail, energy, media, and education are well aware of the advantages of the blockchain technology. This is why many new startups are evolving, each one more attractive than the other just so the different sectors of the industry can have an easier way of getting the job done. Hyperproduction is possible, but it is an inevitable part of the evolution process.
Last but not the least in the list of crypto predictions – is the prediction of a Bitcoin-electronic traded fund (ETF) which would hit the market as soon as the CBoE offers Bitcoin futures. Williams assumes that with increased regulation in the space, the ETF will happen.
As the popularity for this technology grows, it is expected to come into the mainstream. More people will understand it and adopt it, and because of that, the need for knowledge and information will grow even further. Even today we can see many companies that benefit from this technology. Seeing this, institutions may jump on the train to success and efficient working. There are however some improvements that need fixing but with the broad acceptance and adoption, they are expected to be eliminated.
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