Bringing In and Breaking Out: 10 Bitcoin and Blockchain Predictions for 2017
Blockchain had a good run in 2016 with a lot going on, including over $1.5 bln invested in startups, Bitcoin breaking out of the $700 resistance level and the likes of IBM and Microsoft betting the shop on this new pervasive technology. We saw Barclays Bank’s first live commercial banking transaction, Hyperledger’s very promising Corda technology coming of age and, of course, more attacks requiring more forks. In addition, the Scaling Conference in Milan showcased some amazing projects that bode well for Blockchain’s amazing future. So what does 2017 hold for the Bitcoin Blockchain? On par....
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Expect 2017 to be a very good year for Bitcoin’s price. That’s according to prominent Bitcoin investor Barry Silbert, who shared his ten predictions for the upcomming year. Many Applications for Bitcoin and Blockchain. Silbert, founder and CEO of Digital Currency Group (DCG), recently shared his top ten predictions for 2017 at DCG’s annual Bitcoin &....
A leading tech publication has published its predictions for Fintech industry in 2017. Blockchain technology to emerge as a driving force behind the sector's growth. The Fintech industry is currently in its prime. The increasing usage of cryptocurrency technology for financial applications has made blockchain technology synonymous with financial technology. The year 2016 signaled the rise of fintech sector, with many companies, both big and small coming up with some of the cutting-edge technology for banking and financial institutions. A leading online technology magazine has recently....
The bitcoin and blockchain industry continues to grow, but as new people begin to take notice, they’re often greeted with the same tired talking points. As we head into 2017, some of those talking points should be left by the roadside entirely. Below, let's review the blockchain tropes that are not only hypocritical, but also unimportant to the greater goal of the technology. 1. To the moon. Bitwala tweeted a question that was posed to Eric Martindale and his response at this year’s Money2020. Is there any reason to still give lip service to outrageous predictions about the bitcoin price?....
I can confidently say blockchain will be the most dynamic area in tech in 2017 – already, we're seeing some major players position themselves for a leap forward in the year ahead. Global banks like Santander and Goldman Sachs, for instance, recently announced they would not renew membership in the blockchain consortium they helped found, R3CEV – an example of increased investment from significant brands in finance, retail and supply chain, to name a few, in developing blockchain technology internally. Similar announcements are now happening regularly, building momentum for blockchain as a....
Prominent research organizations such as the World Economic Forum (WEF) have made ambitious predictions over the past year and outsold Blockchain technology to the general public. The WEC previously stated that 10 percent of the world’s GDP will be overseen by Blockchain technology which is currently being tested by leading banks and financial institutions worldwide. That is trillions of dollars managed by Blockchain technology. Overhyped. However, many argue that the Blockchain industry is exceedingly overhyped. So-called experts or analysts within the field of Blockchain fail to....