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Wooden bit coin in sunny day on the city street.Getty
Blockchain technology has had some ups and downs in the last year, leading investors on financial (and sometimes emotional) roller coasters.
While prices rose last year, touching monumental highs, the price of Bitcoin has recently dropped to the lowest level it has ever been – $ 5.165 – the lowest price since October 18, 2017. & Nbsp;
Many have been cautious about investing in the cryptography market in particular because of these unpredictable price fluctuations. The future is invisible and you are not sure what the future holds. The ever-changing "state of mind" of the crypto-market has forced many large companies to stay on the roadside, hesitating to invest in a project that presents more predictable risks than benefits.
But the real reason why we are still listening to blockchain technology constantly, and we will continue to do so in the future, is simply because blockchain has no intention of going anywhere.
With the token market in question, hardcore crypto enthusiasts turn to blockchain to save their hopes in a decentralized world and are not alone. In recent months, we have seen major companies and VC funds participate, invest in blockchain and the promises it holds of security, transparency and efficiency.
Indeed, in the Fortune list of the best investment tips for 2019, experts include blockchain along with robotics and AI as some of the the greatest technological changes we will see arrive at the biggest companies in the coming years.
Big corporate names like Facebook, Google, IBM and Microsoft have been opened up on their research and experimentation on blockchain technology. And although it took time for these companies to come up with the idea of the blockchain, there's a lot at stake.
The global market for blockchain products and services is already valued at 700 million dollars, and will continue to rise, and is expected to exceed 60 billion dollars by 2024.& Nbsp;So, if these companies are finally coming to play because they are threatened by the new technology giant or because they really want to use for a variety of problems like global transaction speed and payment processing, their entry into the blockchain world can not be ignored.
Just last week the The SEC has announced that it is targeting regulatory abuse and definitive fraud in the sector, giving companies more guarantees that the blockchain companies they invest in are legitimate.
Just recently, a blockchain startup has completed a round of financing from companies such as Sequoia (China). & Nbsp;Aergo& nbsp; has raised $ 30 million to act as a large-scale hybrid blockchain. The company was founded by & nbsp;Blocko, one of the largest suppliers of Korean blockchain, supported by giants like Samsung.
Blocko is also collaborating with another giant, Hyundai, to create a document management system for corporate companies.
Another example of companies that collaborate with Blockchain these days is Air France-KLM, Air Canada, Lufthansa and Air New Zealand Partnering with Winding shaft& nbsp; to try and innovate in an old style, and some might even say old fashioned industry.
While & nbsp; countless other blockchain societies are bridging the gap between modern and traditional, inviting large corporations to play in the blockchain field, only time if the old and the new can play together.
There is no doubt that blockchain technology is here to stay, but the question remains about how quickly it will take mass adoption of it. The Internet in the form of the World Wide Web was presented at the beginning of the & 39 90s, long before the mainstream that questionable adoption did not occur years later with the invention of social media sites.
Just like the Internet at the moment, little is known about blockchain technology and we still have a lot to learn about the possibilities it will offer us.
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Wooden bit coin in sunny day on the city street.Getty
Blockchain technology has had some ups and downs in the last year, leading investors on financial (and sometimes emotional) roller coasters.
While prices rose last year, touching monumental highs, the price of Bitcoin has recently dropped to the lowest level it has ever been – $ 5.165 – the lowest price since October 18, 2017.
Many have been cautious about investing in the cryptography market in particular because of these unpredictable price fluctuations. The future is invisible and you are not sure what the future holds. The ever-changing "state of mind" of the crypto-market has forced many large companies to stay on the roadside, hesitating to invest in a project that presents more predictable risks than benefits.
But the real reason why we are still listening to blockchain technology constantly, and we will continue to do so in the future, is simply because blockchain has no intention of going anywhere.
With the token market in question, hardcore crypto enthusiasts turn to blockchain to save their hopes in a decentralized world and are not alone. In recent months, we have seen major companies and VC funds participate, invest in blockchain and the promises it holds of security, transparency and efficiency.
Indeed, in the Fortune list of the best investment tips for 2019, experts include blockchain along with robotics and AI as some of the the greatest technological changes we will see arrive at the biggest companies in the coming years.
Big corporate names like Facebook, Google, IBM and Microsoft have been opened up on their research and experimentation on blockchain technology. And although it took time for these companies to come up with the idea of the blockchain, there's a lot at stake.
The global market for blockchain products and services is already valued at 700 million dollars, and will continue to rise, and is expected to exceed 60 billion dollars by 2024. So, if these companies are finally coming to play because they are threatened by the new technology giant or because they really want to use for a variety of problems like global transaction speed and payment processing, their entry into the blockchain world can not be ignored.
Just last week the The SEC has announced that it is targeting regulatory abuse and definitive fraud in the sector, giving companies more guarantees that the blockchain companies they invest in are legitimate.
Just recently, a blockchain startup has completed a round of financing from companies such as Sequoia (China). Aergo has raised $ 30 million to act as a large-scale hybrid blockchain. The company was founded by Blocko, one of the largest suppliers of Korean blockchains, supported by giants like Samsung.
Blocko is also collaborating with another giant, Hyundai, to create a document management system for corporate companies.
Another example of companies that collaborate with Blockchain these days is the partnership with Air France-KLM, Air Canada, Lufthansa and Air New Zealand Winding shaft to try to innovate in an old style, and some might even say antiquated industry.
While countless other blockchain companies are bridging the gap between modern and traditional, inviting large corporations to play in the blockchain field, only time if the old and the new can play together.
There is no doubt that blockchain technology is here to stay, but the question remains about how quickly it will take mass adoption of it. The Internet in the form of the World Wide Web was presented at the beginning of the & 39 90s, long before the mainstream that questionable adoption did not occur years later with the invention of social media sites.
Just like the Internet at the moment, little is known about blockchain technology and we still have a lot to learn about the possibilities it will offer us.
