With just a few days to the beginning of the New Year, there are many who make bold predictions about the blockchain and the crypto market in general. In our today’s blockchain news, senior executives at United Airlines but also from the logistics industry giant UPS, are convinced that 2019 will not be the year when blockchain goes mainstream.
The UPS chief engineering and information officer Juan Perez and the United Airlines executive vice president of technology Linda Jojo are among those who still are a bit skeptical about the future of the blockchain. Jojo pointed out:
“We have a small team looking at blockchain, but we are still searching for the killer use case.”
Businesses and investors still have mixed feelings about blockchain as the year ends and some are even claiming that the technology is simply not developed enough to bring us disruptive solutions and innovation.
At the start of 2018, many companies recorded share prices increase only because they included the term ‘’blockchain’’ in their name. Governments are also looking into blockchain and finding possible ways to implement the technology. For logistics giant UPS, however, there is still time for total implementation:
“I don’t expect significant benefits in 2019, primarily because the technology itself is continuing to evolve and mature. It requires a lot of parties to come to the table to participate and evaluate the technology,” Perez explained.
Despite the fact that many small businesses but also large governmental agencies and regulatory bodies are trying to find a way for this technology to be a part of our everyday lives, we are still yet to see how the things are going to develop in 2019.
DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]