Since the dawn of blockchain technology, there have been many use cases being discovered. From the benefits such as transparency and trust to the actual role of blockchain in keeping the supply chain of businesses transparent and free of manipulation, in this new edition of the blockchain crypto news we are talking about the future of this technology.
We know that the adoption of blockchain has been relatively slow. However, there are many analysts who believe that 2019 will be the year for mainstream adoption. The lack of implementation is definitely one of the challenges facing the industry right now.
If this is about to happen, blockchain will be likely most seen in the energy, automotive and finance industries. According to what we have seen so far, the application of blockchain in the automotive industry are great – and as IBM noted, 62% of the executive in this industry believe that blockchain is going to disrupt the industry in the next few years.
The finance industry is also ready for blockchain implementation. According to a Forbes article, the industry will be among the first to feel the heat of the blockchain revolution.
Last but not the least of all examples is blockchain in gaming – mainly seen through CryptoKitties which is a game that was built with little gaming infrastructure and through Ethereum’s smart contracts. As many critics later saw, CryptoKitties could be built on a centralized infrastructure and offer the same user experience.
In the end, while some people say that blockchain needs to grow even more, many would agree that the technology primarily relies on software innovation which usually moves a lot faster than hardware.
That said, we could definitely see big improvements in this technology as we step into the new year.
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