Blockchain Technology Predictions For 2016

With the growing buzz around the Blockchain technology, we have gathered predictions of experts from different branches of the industry, on its future evolution and prospects going forward.

Blockchain and Bitcoin have become mutually inseparable, however Blockchain is much more than just a collection of records for a cryptocurrency. A Blockchain is at its core a ledger of records, which is distributed across different parties. It can only be updated with the consensus of the majority of the participants it is shared with and is inerasable. The beauty of the Blockchain is that its applications go beyond cryptocurrency transactions. 2015 saw a lot of hype around Blockchain and its adoption by the mainstream financial services industry.

Source: CT

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