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Which blockchain-based trends will change over the next 10 years?Getty
You may have just set up your first Facebook account 10 years ago or realized exactly what you could buy from the app store on your phone. And while the decade has been a tough learning curve in the way we use our personal technology, for the business world it has been more like a roller coaster.
The recently published Deloitte Tech Trends 2019 report goes a step further in its analysis. It's been 10 years since the first trend report was released, when smartphones and mobile apps were taking hold and technologies like the cloud and the Internet of Things were coming on the scene.
The latest update & nbsp; explore how the convergence of new technologies is causing interruptions between different sectors. These trends are giving rise to new operational models, redefining the nature of work and changing the relationship between companies and businesses (see the executive summary of the report & nbsp;Here).
While Deloitte expects a further quick step in AI solutions, it also highlights how the blockchain is rapidly growing in importance when we take the macro-technological world into account and expects global spending on blockchain solutions to reach $ 9.7 billion USD by 2021.
Here, industry experts have their opinion on the results.
Second Elias Haase, co-founder and Community Manager of B9lab, the world's leading provider of education and training blockchain, thinks that the next 10 years will bring the blockchain into traditional organizations as a savings measure that can help with compliance.
There are two key areas that will impact the blockchain technology. Over the next 10 years, large organizations will implement technology to reduce back-office costs, compliance risks, and improve book-keeping confidentiality. This will have an impact on many positions on compliance, internal application, auditing and insurance. On the consumer side, mobile computing has completely transformed the digital landscape and is changing the way we interact with reality. All secondary development versus AR, location-based sensing, instant communication, and data collection have had and will continue to impact operations as mobile is now largely the primary user gateway.
In the space of the blockchain public networks, we will see the emergence of new markets and business models such as absolute transaction costs and the risk decreasing further. Smaller companies will be able to access and remix services that are unreachable now. We will see the development of public and decentralized infrastructures that are global and not dominated by an individual jurisdiction.
Many functions that currently require monolithic societies with a high degree of internal cooperation will be made by clouds of smaller organizations that can organize themselves around a service or product in the blink of an eye. Contracts will be agreed, fulfilled, funds collected, distributed and settled in a single transaction. The next 10 years will show us what we can do with such an infrastructure. "
For Nydia Zhang, co-founder and president of Social alpha foundation, a platform for the granting of non-profit subsidies that supports blockchain technology for the social good, believes that the blockchain will be the focus of new business models.
Blockchain has laid the groundwork for the next 50 years of internet evolution. Through distributed, transparent and trustworthy systems, today's Internet failures can be remedied by blockchain technology, paving the way for new business models, new infrastructures and new paradigms for how users connect and exchange value.
Blockchain will facilitate a breakthrough in boundaries to increase value liquidity and even data beyond its historical database silos. Users will no longer be dependent on corporate silos or even sovereigns and will have direct ownership and control of their data, their money and their work.
The biggest trick of Blockchain will be to disappear behind the layers of applications that ride its transparent and safe machinery. It will allow the Internet to evolve in the platform today and tomorrow's users, businesses and even governments demand. "
But Shaun Djie, co-founder of Digix, the blockchain platform that makes gold bars easily divisible and transferable, thinks that the next 10 years could lead us to new highs.
Looking at 2019, it is also important to look back to where we came from the first "Tech Trends" report of 2009. The digital economy today is almost unrecognizable compared to ten, and even five, years ago – The rise of intelligent economics has had deep ramifications on international business and communication networks. The new data storage and transmission capabilities have enabled companies to expand their global reach and the quality of their services at an unprecedented rate.
There is no doubt that 2019 will see blockchain further destroying a number of industries, improving time and cost effectiveness in diverse and varied industries such as traditional finance for academic publishing and loyalty programs of consumers. While blockchain remains a relatively young technology, we can not be mistaken that we are at the forefront of a digital revolution, which has the ability to transform the way we live in our daily lives, creating a digital economy totally reliable and verifiable. where everyone can rely on the integrity of their transactions. Looking back on 2009, it is clear that the technological ecosystem has undergone radical changes – but this transformation has just begun. "
As for Nick Cowan, CEO and founder of the Bag of Gibraltar Group Limited believes that blockchain will become a top priority.
In assessing the merits of various technological advances over the past decade, it is difficult to look beyond the blockchain technology as the most significant. Looking ahead, Deloitte's report identifies that global spending on blockchain solutions will reach $ 9.7 billion by 2021. For most of the business community, blockchain has emerged as a top priority. There was a growing awareness about its potential to allow more efficient and transparent processes in traditional finance, as well as a range of other areas, such as health care, entertainment, and IT. and logistics.
The report recognizes that the technical and political obstacles to mainstream adoption have been resolved, something we have experienced working in a jurisdiction with a purpose-built DLT (Distributed-Ledger-Technology) regulatory framework that helps us provide our community with users the highest standards in the trade and security of digital assets. "
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Which blockchain-based trends will change over the next 10 years?Getty
You may have just set up your first Facebook account 10 years ago or realized exactly what you could buy from the app store on your phone. And while the decade has been a tough learning curve in the way we use our personal technology, for the business world it has been more like a roller coaster.
The recently published Deloitte Tech Trends 2019 report goes a step further in its analysis. It's been 10 years since the first trend report was released, when smartphones and mobile apps were taking hold and technologies like the cloud and the Internet of Things were coming on the scene.
The latest update explores the way in which the convergence of new technologies is causing interruptions in the various sectors. These trends are giving rise to new operational models, redefining the nature of work and changing the relationship between companies and businesses (see the executive summary of the report here).
While Deloitte expects a further quick step in AI solutions, it also highlights how the blockchain is rapidly growing in importance when we take the macro-technological world into account and expects global spending on blockchain solutions to reach $ 9.7 billion USD by 2021.
Here, industry experts have their opinion on the results.
Second Elias Haase, co-founder and Community Manager of B9lab, the world's leading provider of education and training blockchain, thinks that the next 10 years will bring the blockchain into traditional organizations as a savings measure that can help with compliance.
There are two key areas that will impact the blockchain technology. Over the next 10 years, large organizations will implement technology to reduce back-office costs, compliance risks, and improve book-keeping confidentiality. This will have an impact on many positions on compliance, internal application, auditing and insurance. On the consumer side, mobile computing has completely transformed the digital landscape and is changing the way we interact with reality. All secondary development versus AR, location-based sensing, instant communication, and data collection have had and will continue to impact operations as mobile is now largely the primary user gateway.
In the space of the blockchain public networks, we will see the emergence of new markets and business models such as absolute transaction costs and the risk decreasing further. Smaller companies will be able to access and remix services that are unreachable now. We will see the development of public and decentralized infrastructures that are global and not dominated by an individual jurisdiction.
Many functions that currently require monolithic societies with a high degree of internal cooperation will be made by clouds of smaller organizations that can organize themselves around a service or product in the blink of an eye. Contracts will be agreed, fulfilled, funds collected, distributed and settled in a single transaction. The next 10 years will show us what we can do with such an infrastructure. "
For Nydia Zhang, co-founder and president of Social alpha foundation, a platform for the granting of non-profit subsidies that supports blockchain technology for the social good, believes that the blockchain will be the focus of new business models.
Blockchain has laid the groundwork for the next 50 years of internet evolution. Through distributed, transparent and trustworthy systems, today's Internet failures can be remedied by blockchain technology, paving the way for new business models, new infrastructures and new paradigms for how users connect and exchange value.
Blockchain will facilitate a breakthrough in boundaries to increase value liquidity and even data beyond its historical database silos. Users will no longer be dependent on corporate silos or even sovereigns and will have direct ownership and control of their data, their money and their work.
The biggest trick of Blockchain will be to disappear behind the layers of applications that ride its transparent and safe machinery. It will allow the Internet to evolve in the platform today and tomorrow's users, businesses and even governments demand. "
But Shaun Djie, co-founder of Digix, the blockchain platform that makes gold bars easily divisible and transferable, thinks that the next 10 years could lead us to new highs.
Looking at 2019, it is also important to look back to where we came from the first "Tech Trends" report of 2009. The digital economy today is almost unrecognizable compared to ten, and even five, years ago – The rise of intelligent economics has had deep ramifications on international business and communication networks. The new data storage and transmission capabilities have enabled companies to expand their global reach and the quality of their services at an unprecedented rate.
There is no doubt that 2019 will see blockchain further destroying a number of industries, improving time and cost effectiveness in diverse and varied industries such as traditional finance for academic publishing and loyalty programs of consumers. While blockchain remains a relatively young technology, we can not be mistaken that we are at the forefront of a digital revolution, which has the ability to transform the way we live in our daily lives, creating a digital economy totally reliable and verifiable. where everyone can rely on the integrity of their transactions. Looking back on 2009, it is clear that the technological ecosystem has undergone radical changes – but this transformation has just begun. "
As for Nick Cowan, CEO and founder of the Bag of Gibraltar Group Limited believes that blockchain will become a top priority.
In assessing the merits of various technological advances over the past decade, it is difficult to look beyond the blockchain technology as the most significant. Looking ahead, Deloitte's report identifies that global spending on blockchain solutions will reach $ 9.7 billion by 2021. For most of the business community, blockchain has emerged as a top priority. There was a growing awareness about its potential to allow more efficient and transparent processes in traditional finance, as well as a range of other areas, such as health care, entertainment, and IT. and logistics.
The report recognizes that the technical and political obstacles to mainstream adoption have been resolved, something we have experienced working in a jurisdiction with a specially constructed DLT (Distributed-Ledger-Technology) regulatory framework that helps us provide our community with users the highest standards in the trade and security of digital assets. "
