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 $200,000- $ 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: https://www.blocklogy.org/
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