wolfgangweller89
2 months ago  Karma: 173
What are your top blockchain predictions for the next 5 years?

The ecosystem is moving at a faster than ever pace. New tools powered by blockchain tech are continuously changing the way we do business and communicate with each other. What are your top blockchain predictions for the next 5 years?

en
#blockchain
future
wolfgangweller89
2 months ago  Karma: 173
What are your top blockchain predictions for the next 5 years?

The ecosystem is moving at a faster than ever pace. New tools powered by blockchain tech are continuously changing the way we do business and communicate with each other. What are your top blockchain predictions for the next 5 years?

en
#blockchain
future

5 ANSWERS
agarwalvibhor019
2 months ago Karma: 30

Banks will leverage the blockchain technology for transactions.
Stock market in countries like India will use it(most probably).
Supply chain management will be easy.
Medical records of patients.
Ledger files to be stored.
Games on top of it.

Banks will leverage the blockchain technology for transactions.
Stock market in countries like India will use it(most probably).
Supply chain management will be easy.
Medical records of patients.
Ledger files to be stored.
Games on top of it.

paul_musgrave
2 months ago Karma: 335

I think that permissionless blockchains will continue to improve in regard to scalability and privacy. As a result, they will attract more and more talented developers. In turn, this will make more businesses interested in using permissionless blockchains.
On the other side, permissioned blockchains will remain relevant only for few narrow use cases.

I think that permissionless blockchains will continue to improve in regard to scalability and privacy. As a result, they will attract more and more talented developers. In turn, this will make more businesses interested in using permissionless blockchains.
On the other side, permissioned blockchains will remain relevant only for few narrow use cases.

alain_duclos9952
2 months ago Karma: 106

Proof of Stake will be the de-facto consensus mechanism.

When compared to PoW, Pos brings important benefits that are hard to ignore:
- significantly reduces electricity consumption and hardware costs
- new economic models will become feasible. With PoW, token generation is necessary to secure the network. PoS doesn't require new tokens to be generated. Even more, tokens could be burned to increase their value.
- attacks are becoming more expensive because you risk losing your stake.
- increased decentralization because people will be able to stake their tokens in pools.

Proof of Stake will be the de-facto consensus mechanism.

When compared to PoW, Pos brings important benefits that are hard to ignore:
- significantly reduces electricity consumption and hardware costs
- new economic models will become feasible. With PoW, token generation is necessary to secure the network. PoS doesn't require new tokens to be generated. Even more, tokens could be burned to increase their value.
- attacks are becoming more expensive because you risk losing your stake.
- increased decentralization because people will be able to stake their tokens in pools.

patrick.carr
2 months ago Karma: 237

Security audits will ​become a necessity
Until now, most applications were aimed to provide us the means to communicate with each other. But smart contracts represent the move to the Internet of Value. As a result, any bug is leading to (huge) loss of money.
The solution is obvious- security audits are a necessary step for releasing a smart contract.

Security audits will ​become a necessity
Until now, most applications were aimed to provide us the means to communicate with each other. But smart contracts represent the move to the Internet of Value. As a result, any bug is leading to (huge) loss of money.
The solution is obvious- security audits are a necessary step for releasing a smart contract.

jeff51
2 months ago Karma: 0

Security tokens + Crypto ETFS

Blockchain Games

Security tokens + Crypto ETFS

Blockchain Games

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