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Establishing More Trust In 2020 With Blockchain
( go to the article → https://datafloq.com/read/establishing-more-trust-in-2020-with-blockchain/7534 )
2020 is here. In the last decade, blockchain has garnered the attention of technologists, entrepreneurs and industry stalwarts, leading to experimentation and exploration. Talk about characteristics of blockchain is diminishing and discussion around use cases are soaring. Organizations are investing in blockchain development. What’s coming now is the new face of blockchain, endearingly called blockchain 2.0. Here are some trends from the blockchain industry that are adding more trust to business processes. 1. Blockchain-as-a-service Gartner's ‘Top 10 Strategic Technology Trends’ suggests that companies and start-ups should start evaluating DLT technology. Not to adopt, but at least see how the technology will disrupt their existing business processes. The Gartner report cites increase in revenue for businesses using blockchain. Microsoft and Amazon are offering blockchain-as-a-service, enabling start-ups to experiment and build blockchain-based products. IBM Cloud, VMWare, and Oracle blockchain offer similar plug-and-play services for businesses to get started with blockchain development. 2. Adoption of stable coins will increase Bitcoin’s value soars to unpan recedented level, but it came down drastically too. Stable coins value wouldn’t fluctuate as much as the value of Bitcoin. For this reason, stable coins like Tether will increase in adoption. Facebook will launch Libra this ...Read More on Datafloq
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