The Future Of BlockChain Development 2019

1
FUTURE OF BLOCKCHAIN DEVELOPMENT
TOP 5 PREDICTIONS FOR 2019!
2
Blockchain technology has been benefitting from
the rapid and explosive growth of
cryptocurrencies. There has been a dramatic
increase in the variety of cryptocurrencies as
the industry continues to grow. Heres what you
need to know about blockchain technology and how
it fits in with your business interests.
5 Blockchain Development Predictions for 2019
There have been some wild and crazy bold
predictions regarding blockchain in 2019. We
boiled them down and found the blockchain
predictions for this year that are actionable and
of interest to businesses and blockchain
developers alike.
3

• Cryptocurrency Trading and Blockchain
• The first trend to watch is a continued increase
  in cryptocurrency trading in relation to the
  blockchain. In addition to popular and
  established cryptocurrencies such as Bitcoin,
  Monero, Litecoin, NEo, Cardono, Dogecoin, Ripple,
  Ethereum, EOS, Stellar Lumens, and IOTA have been
  thrown into the mix.

4
2. Banks and the Finance Industry Are Taking the
Lead on Blockchain Use The driving force behind
a lot of blockchain development will be the
finance industry and banks in particular. Banks
stand to yield some enormous benefits from
blockchain technology. Blockchain development
allows banks and other financial institutions to
execute faster transactions at lower costs. On
top of this, one of the savviest benefits of this
is the added level of discretion that this
technology and cryptocurrency in general enables.
This will be especially important in
international banking transactions.
5
3. Government Use of Blockchain Expected to
Continue to Increase One of the most significant
users of blockchain technology and development
aside from the finance industry are national
governments. Estonia, for instance, has
implemented blockchain to store massive troves of
credential information on their citizens. This
trend is expected to continue to grow as more
governments outsource programming and storage to
blockchain developers.
6
4. Decentralized Platforms and New Business
Models Based on Cooperative Competition This is
perhaps one of the most exciting predictions to
watch in 2019 as events unfold. There have been
predictions of decentralized eco-system platforms
and new business models arising from the use of
blockchain. The most profound potential change
in business eco-systems that could result from
blockchain development is the realization of
sophisticated B2B2C sales. Experiments with
shared APIs indicate strong potential from
decentralized ecosystems.
7
This potential includes the possibility of
advance P2P ecosystems. These P2P ecosystems, in
turn, will serve to encourage more cooperative
competition leading to entirely new business
models. 2019 promises to offer exciting times
for Hyperledger developers as well. Hyperledger
developers will benefit from joining forces with
cryptocurrency giant Ethereum in 2018. This
will have ripple effects for a long time to come,
both for Hyperledger developers and consumers
alike.
8
5. The Introduction of Security Tokens While
utility tokens were not enough to attract
institutional investors accustomed to buying
stakes in companies, the possible introduction of
security tokens could turn that around. Crypto
exchanges are making headway in navigating
through regulatory red tape, clearing the way for
security tokens to be introduced. However,
support from the traditional market
infrastructure like Nasdaq, the Swiss Stock
Exchange, and the London Stock Exchange, in
particular, will be needed to fully implement
security tokens. If it all comes together, this
could result in massive allotments of investments
and keep blockchain, and cryptocurrency booming.
The growth would be explosive, making this an
important prediction to keep your eye on.
9
Is It Time to Have a Blockchain-Ready
Business? Whatever 2019 brings in terms of the
blockchain, industries are experiencing changes
as the use and development of this concept
continue to unfold. Make sure your business is on
the right side of things and keep an eye on these
blockchain predictions and the changes to come.