The Future Landscape of Blockchain Technology, Services and Products
Posted by sarahjenni on April 15th, 2019
Following the natural boom and bust cycle similar to any other teething technology, Blockchain is finally taking its first major step towards a much bigger integration in the larger economy. While the road so far has been both exciting and also nerve-wracking at times, Blockchain has slowly but surely entered the bookmarks of technology giants like Google, Microsoft, IBM, and others. But does this mean that Blockchain and related projects are going to explode in upcoming years or will the industry take a more conservative approach towards it? To find out read this blog on The Future Landscape of Blockchain Technology Services and Products.
Blockchain And DLT
Blockchain in layman’s terms in a secured and transparent means of record keeping. Distributed ledger technology or DLT is the key reason for this. All transactions/exchanges on a blockchain network are part of an immutable ledger which is shared with all network participants. This brings the much-desired trust, immutability, and transparency to the system and transactions. Dubai, the megacity of the United Arab Emirates, will plan to put a DLT-based digital structure for all government systems by the end of 2020. Expect wide-scale adoption of similar blockchain projects by other states and nations in the future.
Blockchain For Security And Beyond
Data Integrity and Security are now prime concerns for all companies. Information has no doubt altered healthcare, financial, insurance, and e-commerce sectors but the misuse of user data by companies is now at the forefront of a major legal and ethical row in America. User Data security is one sphere which will attract some major Blockchain implementation. While the terminology for a solution may be changed to escape unnecessary media eye, but underneath at the very core expect the solution to subsume functional or architectural structures of Blockchain to implement future security, fraud management, digital identity theft solutions.
Blockchain and Freelancing
This is one sector which stands to gain exceedingly from the blockchain architecture. A peer to peer network will not only save service providers a major chunk of their earning otherwise paid as transaction fees to freelance platform owners, but it also paves way for more transparent collaboration and knowledge share. A good example in this regard would be of Era Swap. Era Swap is a peer to peer marketplace which empowers users to tokenize their time via smart contracts on a community-based exchange.
Blockchain and the Future of Jobs
Last but not least, we look at the future impact of blockchain on Jobs sector. The demand for blockchain developers and experts is growing by the day. It is at par with AI and Cloud when it comes to demand and salary. Blockchain developer can earn anything between 0,000- $ 250,000, This is almost double of what a good software engineer earns. Blocklogy under Era Swap ecosystem is a revolutionary solution which is a mobile based e-learning app for learning Blockchain and its applications.
For more details: http://www.blocklogy.org/
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