Predictions for Blockchain Technology 2019 & Beyond
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Blockchain technology is a shared distributed ledger in which all transactions are digitally signed to ensure security, integrity, and authenticity. According to Don and Alex Tapscott: “Blockchain is an incorruptible digital ledger of economic transactions which can be programmed to record not only financial transactions but virtually everything of value.” Over the years Blockchain technology has made headlines mainly because of the hype that surrounded the cryptocurrency markets. Since Blockchain was brought into the limelight by Bitcoin in 2009 many people thought that the technology was made for the currency only. However, over the years Blockchain has proven to be purely independent and having the ability to streamline different sectors. Other than in the cryptocurrency sector Blockchain’s biggest impact was felt in 2018. Many international companies adopted the technology to control supply chain departments. Blockchain is making such a huge impact in the supply chain sector since it reduces cost, … Continued
