The Blockchain Developer Shortage: Emerging Trends and Perspectives
Amid the steady rise of blockchain innovation, there are growing concerns about a looming shortage of qualified developers. With demand for talent outstripping supply, many companies are having to dial back blockchain related projects that are poised and strategically positioned for a rapid market launch. In his book The Business Blockchain, thought....
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In the race to adopt Blockchain technology and cut costs, financial firms have to deal with multiple challenges. Japanese financial firms have been hit by the most basic of them of all – a shortage of technical experts. Japan – regulation a positive. The Japanese government has been active in regulating cryptocurrency-based companies. A new law has been passed regulating Bitcoin exchanges, after the Mt Gox debacle. The Japanese Government passed a bill in May 2016, which recognized that virtual currencies have a function similar to money. Japan has also eased regulations, now allowing....
A recent study by Gartner has shown that blockchain has reached the ‘peak of inflated expectations’ phase of the hype cycle as the chief architect of ACI Worldwide states that the distributed ledger technology is not yet able to handle financial transactions at scale. The study by Gartner ‘Hype Cycle for Emerging Technologies, 2016,’ found that blockchain won’t reach mainstream adoption for another five to ten years. According to Mike Walker, research director at Gartner, the Hype Cycle for Emerging Technologies report is the longest-running, providing an overview of what technologies are....
Jeremy King, the international director of PCI Security Standards Council, laid out five major trends in payments in 2017 to look out for. Four of the five trends revealed by King involved Blockchain technology, with Internet of Things (IoT), Blockchain payments, tokenization and encryption included as major trends for next year. Tokenization, Encryption, Blockchain Payments, IoT. According to King, five major trends will dominate the payment industry in 2017. The five trends are IoT, Blockchain, tokenization, encryption and mobile payments, all of which seems to involve Blockchain....
Making predictions in the world of finance and payments in 2016 will be quite a challenge as nothing has been set in stone yet. That being said, various emerging trends in the payment industry can’t be ignored. Bitcoin is gaining more popularity all over the world, as traditional finance struggles to keep up with the growing customer demand. Global, Open And Real-Time Payments Are Coming. There is no denying the payments industry will change a lot over the next few years. Several of those changes may very well start to rear their heads in 2016. Based on a recent community blog on Finextra,....
Key differences in the use and development of cryptocurrencies come to the fore as Blockchain Economy Istanbul continues to focus on emerging markets. The proliferation of cryptocurrencies around the world has been driven by different use-cases, with key differences becoming apparent between developed and emerging market environments.Lou Yu, who heads up KuCoin Labs, tackled the subject after a keynote address during the second day of Blockchain Economy Istanbul in Turkey. In an exclusive interview with Cointelegraph, Yu unpacked her experience working with a variety of projects and....