Blockchain is under discussion industry of the 2 years. In fact, this industry is much larger than the earnings on cryptocurrency, as it seems to many. We offer you a list of blockchain trends that are relevant now and will retain their influence in 2019 not near future of development.
Alexey Chernyak, an expert, claims that many companies will not fulfill their obligations under ICO projects. Accordingly, a whole wave of “deceived investors” will try to defend their rights through the courts. It will be quite an interesting challenge for lawyers. On the one hand, such a phenomenon will make it possible to earn good money in case of winning the case. On the other hand, the blockchain is a poorly regulated sphere in many respects by legislation. Time will tell whether they will adopt relevant laws on the basis of precedents. However, the situation is quite ambiguous, at the moment.
The revival of the industry
When the blockchain is no longer associated with the “draft” from deceiving investors in many ICO and STO projects, legislation will be adopted that will be able to qualitatively regulate this industry. From this point on, it will be possible to talk about the real development of the sphere and the strengthening of the blockchain image as a phenomenon. When this happens, the justified growth of the blockchain will begin, and investors will feel protected. It will happen at least by the end of this year. However, most likely - in the following.
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According to Alexey Chernyak, there will see the result of the competition of cryptocurrencies among themselves in the near future. There will be 2-3 currencies that win, and the rest will remain in the "long tail". Perhaps there will be new cryptocurrencies, which will be superior in their properties to Ethereum and Bitcoin. It is likely that over time the cryptocurrency will become a full-fledged competitor to traditional money. Some analysts believe that this may even shake the monopoly of states associated with the issuance of money. But not everyone is inclined to this option.
Security and data protection issues
Cybercrime in the modern world is as dangerous as a crime in the traditional form in which people are often used to perceive it. Therefore, cybersecurity-related projects will receive special demand. Startups that offer real ways to protect cryptocurrencies from intruders may become popular.
Simplification and acceleration
It is assumed that there will be much more blockchain services with a simplified mechanism of operation. This will increase their accessibility for people who do not have specialized knowledge. Regarding to acceleration, there should be more architectural solutions that will improve the throughput of the blockchain. User transactions will be carried out more quickly.
Government competition in the blockchain
Alexey Chernyak thinks that countries and jurisdictions will compete with each other in order to be able to attract the best minds for projects in the blockchain. However, this is far from all. Some governments initially showed a vigilance for the blockchain and came up with an appropriate information policy, urging their citizens not to trust this technology. For example, China was among those countries.
Development of quantum blockchain technology
Researchers in the Russian Federation announced that they are developing a blockchain technology that involves the use of quanta. It is reported that it will be completed in 2019 its industrial refinement. This is evidenced by scientist Yuri Kurochkin, who heads the Russian Quantum Center. If such a task is really implemented in 2019, then this scientific fact will affect the whole blockchain industry.
According to Kurochkin, Russian researchers were the first in the world to take on this technology. With the creation of quantum computers, which are being developed by researchers all over the world, the quantum blockchain can provide the means for high-quality cyber defense. According to the developers of technology, with the help of quantum computers, attackers would be able to crack online wallets, which are based on blockchain technology, around the world. It is increased security that is the main reason why many users choose such wallets for themselves. If quantum opportunities are also used to protect the blockchain, then, according to Kurochkin, it will be possible to exclude the possibility of hacking online wallets.