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Security token, & # 39; Big Finance & # 39; and Project Launches · Cryptosumer

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Cryptocurrency prices are falling, but most of the other Bitcoin business metrics and its main competitors suggest that cryptography is as alive as it has ever been. The active Bitcoin address is steadily increasing from a low of April, the number of verified cryptoasset users has increased from 18 million to 35 million this year, and the original cryptocurrency has recently seen the number of subscribers to his under-Reddit exceed one million for the very first time at the beginning of December.

With such measures suggesting that interest in cryptography is actually increasing, it is no wonder that industry experts told Cryptonews.com that they anticipate an increase in adoptions in 2019. However, most part of the new adoptions will not be addressed to cryptocurrencies like Bitcoin or Ethereum. but new types of tokens and new blockchain-based platforms and systems, which will be increasingly used by companies and institutions.

Security tokens and big finance & # 39;

Although cryptocurrencies and utility tokens have had a bad year, the expectation among insiders is that security tokens will increase in stature in 2019, driven by a wave of interest from large companies and of financial institutions.

"With the era of the token utility largely gone, the security token is about to take its place," says Brent Jaciow, head of the blockchain in Utopia Music, a platform for tracking music data based on blockchain.

"Backed by established security laws and requiring higher regulatory standards to have a compliant offering, security tokens will likely introduce a new wave of adoption as institutional investors bring capital into space and new models are used to "tokenize" or provide liquidity to only on any resource. "

Institutional investors will increasingly be behind the security tokens is a forecast made also by Vladislav Dramaliev, head of digital marketing at æternity, an open source blockchain platform. "2019 will also see big finance emerge as a significant player in cryptographic markets," he says Cryptonews.com. "Through the global startup ecosystem, as well as with established companies that are willing to become public, security tokens will also gain greater traction."

The signs that the major financial players will enter the crypt in 2019 have been increasingly imminent in recent months. Towards the end of November, it was reported that Nasdaq, the second largest stock exchange in the world by market capitalization, would start to allow Bitcoin futures trading in the first quarter of 2019.

Meanwhile, Liechtenstein-based Union Bank AG and the Japanese First Bank of Toyama they have also announced their own security tokens and / or stablecoins for the next year.

Project launches translate into greater adoption

2017 and 2018 were the years of the Initial Coin Offering (ICO), but it is estimated that 2019 will be the year in which projects launched on the basis of high-profile token sales will effectively begin to launch their platforms and products. This can be derived from the roadmaps of such important startups as Filecoin, SALT, Kyber Network, is Enigma, which will have all launches, updates or expansions in the new year.

"In 2019, I predict that we will see the first commercial applications (that is to say, aimed at consumers) of public blockchain that will come into service next year, and the general public will finally experience the benefits that the blockchain can bring", says Vladislav Dramaliev.

However, while some projects funded by ICO will end in 2019, much of the adoption of blockchain technology and cryptography will likely be driven by established companies rather than startups. For example, payment giant Visa plans to launch its own blockchain-based digital identity system for cross-border payments, and in South Korea, message giant Kakao plans to launch its proprietary blockchain ecosystem in the first quarter.

Food and supply chains

As perhaps the strongest possible case study of blockchain adoption led by the company, an industry in which blockchains and crypts will make significant forays into the next year is the food industry (and logistics).

For example, the retail giant based in France Auchan has recently announced that it will bring blockchain-based food tracking systems to its supply chains in France, Spain, Portugal, Italy and Senegal.

Other organizations – including the American restaurant chain Sweetgreen and the South Korean government – will probably follow Auchan in 2019, not least because food consumers are increasingly hungry (pun intended) for the kind of transparency that blockchain can provide.

Central coins?

2019 could also announce the appearance of some more central bank digital coins (CBDC).

Venezuela was (in) notoriously the first country to publish something similar to a CBDC, Petro in 2018, yet there is an increasing interest that surrounds them from other nations and institutions, with the International Monetary Fund Christine Lagarde urges the international community in November to ask the question "should central banks issue a new digital form of money?"

As Lagarde pointed out in his speech, nations such as Sweden, Canada, Uruguay and China are considering issuing their own CBDCs,

However, it is questionable whether this would be a win for the cryptocurrency industry, since research suggests that CBDCs do not really need a decentralized blockchain to operate.

A transition from speculation to adoption

Although centralized currencies would not benefit the basic cryptographic industry, data in this industry believes that 2019 is still going to be a more successful year for cryptography, with the recent market downturn as an aid to adoption as an obstacle.

"We are already seeing the positive impacts of the bursting of the speculative bubble," says Muhammad Ali Chaudhary, a co-founder of Inkrypt, an anonymous and decentralized content hosting solution.

"Blockchain startups are focusing less on huge marketing budgets and more on the development of core technology, the days of 100 million ICOs without real products are over, the traditional venture capital and with it the legitimate control of startups have claimed to be take root in the market. "

"While all these changes may not be obvious to the investor of the crypt / blockchain on average, they will bear fruit in the near future, with launches of real products and marketing focused on adoption rather than speculation."

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