Blockchain Industry

What is the role of the blockchain technology in the future?

According to the World Bank, the implementation of Blockchain in the business world could achieve advances in innovation, mainly due to the high level of trust and decentralization of data. This is one of the main reasons why it is so important to stay ahead in this technology.
The impact that could generate in the future is something that can not be left aside because it is even being called the “third technological democratization”: the first was the Internet, then 3D printing and the Blockchain would occupy in a while more this third place mainly through the Bitcoin system.
This data storage and data transmission technology, on which cryptocurrencies or digital currency are based, is a trend that is becoming “mainstream” in financial applications and which, according to the founder of the Bitcoin Foundation, Jon Matonis, will be used “on a large scale” in the sector in 2020.
Moreover, as a sign of the development of Bitcoin in international accounting, the stock exchange of Abu Dhabi, the capital of the United Arab Emirates, is committed to the implementation of Blockchain technology within its economic vision for the year 2030  and thus specify for that date a digital transformation from the government side.
On the other hand, from the United States, the Vice President of the Depositary Trust & Clearing Corporation (DTCC), Larry Thompson, expressed with a view to the future the need to create global standardization measures. The latter with the purpose of not generating a greater difficulty in the structures of the current financial markets, which is achieved through the effective global acquisition of  Blockchain technology.
It is normal to think that the implementation of block chains in Bitcoin or other areas of finance assume as the main promoters of the idea of a decentralized future. The fact of expanding this system is not only a novelty, but we can see everyday examples in particular, especially for their capabilities that are practically unlimited when developing them in the existing trade and the future to come.