With 2019 just around the corner, blockchain experts and industry leaders have spoken. Since its introduction in 2008, this emerging technology has been applied in a multitude of industries, providing solutions for time and process-optimization, as well as increased transparency, among others. So how will 2019 turn out for the blockchain industry? Let’s dive into some of the most exciting predictions we picked.
Changpeng Zhao, CEO and founder of Binance, is expecting to see a giant increase in “real products” and “real applications” coming into the market.
According to Justin Sun, TRON CEO and founder, more blockchain businesses will appear in 2019, “with differentiated business models separating themselves from the pack.” Sun is sure that the blockchain is the underlying technology of the world’s next web revolution.
The whole countries are being involved in the blockchain-powered world-changing mode. According to Silvio Schembri, Malta’s Junior Minister for Financial Services, Digital Economy & Innovation, 2019 will be a “historic year for the Blockchain industry.” Self-proclaimed and widely known as The Blockchain Island, Malta releases its own blockchain regulations, which allows all the players to operate in a safe, friendly, and guiding environment. Additionally, Schembri pointed that in 2019 Maltese government will massively utilize blockchain in their public sector, too.
Happy New Year!