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I know that many of you have probably listened to the first offers of coins and cryptocurrencies. But what about the corporate blockchain?
ICOs have had a significant impact – both in a positive and negative sense – in several sectors thanks to the blockchain. The positive impact comes in the form of sensitization on the blockchain technology, and the negative side of things comes from the confusing confusion of blockchain and cryptocurrency. & Nbsp;
Do you know that Gartner predicted it "The added value of Blockchain business will increase slightly by over $ 360 billion by 2026, and then increase by more than $ 3.1 billion in 2030"?
In a sense, as technologists we bet on the future, and based on my experience in the blockchain industry, we need a product or software to help companies prepare for a better future by increasing revenue on their investments and reducing cost for the implementation of smart contracts.
We're almost at 2019 and what's the story now?
According to & nbsp;Accenture research, 2015 was the year of exploration and investment blockchain, which led the first to adopt the technology in 2016 and 2017.
The Accenture forecast is that from 2018 to 2024 there will be significant growth, as we will see more information validated by lessons learned and new use cases, better software, service providers and accurate clarity on the whole hype of the cryptocurrency. The maturity on the adoption of blockchain will begin in 2025.
You need simplicity when it comes to & nbsp; of any new technology, and I believe that once we have a simpler approach to implementing smart contract and blockchain, then it will open the door to more opportunities.
It's also the reason why I believe one of the main trends in 2019 to look at is blockchain as a service. Companies like Amazon, IBM and Microsoft are watching benefit from the potential widespread adoption of blockchain, which indicates that great actors are probably working to understand the true implementation of blockchain as a business solution.
In addition, there are many companies, particularly in the financial sector, that have already created their own blockchain projects or are invested in startup blockchain. Visa, for example, has published his & nbsp;B2B connection at the beginning of this year to facilitate cross-border business-to-business payments (B2B) via blockchain. E & nbsp; Goldman Sachs & nbsp; and JPMorgan are among a group of companies that have & nbsp;invested& nbsp; $ 32 million in Axoni's enterprise blockchain.
So what exactly is blockchain as a service?
It is a platform that includes multiple blockchain technologies and allows developers to write and execute smart contracts without wasting time implementing and managing blockchain. & Nbsp;To understand this in detail, land I design a framework for all of you to understand how blockchain as a service and a smart contract as a service can allow companies to use blockchain.
We look at health care as an example, where you might want to share patient information among the various health care providers. & Nbsp;So, let's say in this context, your application is based on the exchange of patient information between hospitals, insurance companies and pharmacies. Your traditional application links to software that provides a blockchain-based gateway that allows you to store and process blockchain information in the form of blockchain as a service, which can then lead to the idea of intelligent contracting models. I will not go into the details of the intelligent contract, but only to provide some background: an intelligent contract is a piece of code that runs on blockchain and executes various business rules and rules to ensure that only relevant information is processed and exchanged. Furthermore, if it is necessary to verify or validate the information before being published, the intelligent contract also provides for it.
There are a couple of options to get started with BaaS and SCaaS. You can create a blockchain team or a center of excellence and create your own BaaS or take advantage of cloud-based solutions like Microsft Azure, AWS or IBM. & nbsp; At the time of writing this article, Google is a bit behind with its own offers, but nevertheless, this too has his own blockchain initiative.
There are also several startups based on their version of blockchain as a service that uses technologies covered by the suppliers or cloud utilities listed above open source technologies.
While blockchain is still a nascent technology, this does not mean that businesses are not looking for ways to use it. I think you can expect to see others & nbsp;blockchain-as-a-service offers in 2019.
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I know that many of you have probably listened to the first offers of coins and cryptocurrencies. But what about the corporate blockchain?
ICOs have had a significant impact, both positively and negatively, in several sectors thanks to the blockchain. The positive impact comes in the form of sensitization on the blockchain technology, and the negative side of things comes from the confusing confusion of blockchain and cryptocurrency.
Do you know that Gartner predicted that "the added value of Blockchain for the business will increase to just over $ 360 billion by 2026, and then increase by more than $ 3.1 trillion by 2030"?
In a sense, as technologists we bet on the future, and based on my experience in the blockchain industry, we need a product or software to help companies prepare for a better future by increasing revenue on their investments and reducing cost for the implementation of smart contracts.
We're almost at 2019 and what's the story now?
According to Accenture's research, 2015 was the year of blockchain exploration and investment, which led the first to adopt the technology in 2016 and 2017.
The Accenture forecast is that from 2018 to 2024 there will be significant growth, as we will see more information validated by lessons learned and new use cases, better software, service providers and accurate clarity on the whole hype of the cryptocurrency. The maturity on the adoption of blockchain will begin in 2025.
We need simplicity when it comes to any new technology, and I believe that once we have a simpler approach to implementing smart contract and blockchain, then it will open the door to more opportunities.
It's also the reason why I believe one of the main trends in 2019 to look at is blockchain as a service. Companies like Amazon, IBM and Microsoft will benefit from the potential general adoption of blockchain, indicating that big players will probably work to understand the true implementation of blockchain as a business solution.
In addition, there are many companies, particularly in the financial sector, that have already created their own blockchain projects or are invested in startup blockchain. Visa, for example, has released its B2B Connect platform at the start of this year to facilitate cross-border business-to-business (B2B) payments via blockchain. And Goldman Sachs and JPMorgan are part of a group of companies that have invested $ 32 million in the launch of Axoni enterprise blockchains.
So what exactly is blockchain as a service?
It is a platform that includes multiple blockchain technologies and allows developers to write and execute smart contracts without wasting time implementing and managing blockchain. To understand this in detail, land I design a framework for all of you to understand how blockchain as a service and a smart contract as a service can allow companies to use blockchain.
We take a look at health care as an example, where you might want to share patient information among the various health care providers. So, let's say in this context, your question is based on the exchange of patient information between hospitals, insurance companies and pharmacies. Your traditional application links to software that provides a blockchain-based gateway that allows you to store and process blockchain information in the form of blockchain as a service, which can then lead to the idea of intelligent contracting models. I will not go into the details of the intelligent contract, but only to provide some background: an intelligent contract is a piece of code that runs on blockchain and executes various business rules and rules to ensure that only relevant information is processed and exchanged. Furthermore, if it is necessary to verify or validate the information before being published, the intelligent contract also provides for it.
There are a couple of options to get started with BaaS and SCaaS. You can create a blockchain team or a center of excellence and create your own BaaS or take advantage of cloud-based solutions such as Microsft Azure, AWS or IBM. At the time of writing this article, Google is back with its own offers, but despite this, it also has its own blockchain initiative.
There are also various startups based on their own version of blockchain as a service that uses technologies covered by the cloud providers listed above or uses open source technologies.
While blockchain is still a nascent technology, this does not mean that businesses are not looking for ways to use it. I think you can expect to see more blockchain-as-a-service offers in 2019.
