Best of the Week
Most Popular
1. 2019 From A Fourth Turning Perspective - James_Quinn
2.Beware the Young Stocks Bear Market! - Zeal_LLC
3.Safe Havens are Surging. What this Means for Stocks 2019 - Troy_Bombardia
4.Most Popular Financial Markets Analysis of 2018 - Trump and BrExit Chaos Dominate - Nadeem_Walayat
5.January 2019 Financial Markets Analysis and Forecasts - Nadeem_Walayat
6.Silver Price Trend Analysis 2019 - Nadeem_Walayat
7.Why 90% of Traders Lose - Nadeem_Walayat
8.What to do With Your Money in a Stocks Bear Market - Stephen_McBride
9.Stock Market What to Expect in the First 3~5 Months of 2019 - Chris_Vermeulen
10.China, Global Economy has Tipped over: The Surging Dollar and the Rallying Yen - FXCOT
Last 7 days
The Specialist Lending Renaissance - 22nd Jan 19
The 5 Rules of Real Estate Investment - 22nd Jan 19
Semiconductor Sector – Watch the Early Bird in 2019 - 21st Jan 19
From ASEAN Economic Development to Militarization - 21st Jan 19
Will China Surprise The Us Stock Market? - 21st Jan 19
Tips to Keep Your Finances Healthy in 2019 and Beyond - 21st Jan 19
Tips for Writing Assignment in Hurry - 21st Jan 19
UK House Prices, Immigration, and Population Growth Mega Trend Forecast - 21st Jan 19
REMAIN Parliament to Subvert BrExit with Peoples Vote FIXED 2nd EU Referendum - 21st Jan 19
Pay Attention To The Russell Stocks Index and Financial Sectors - 20th Jan 19
Hyperinflation - Zimbabwe's Monetary Death Spiral - 20th Jan 19
Stock Market Counter-trend Extends - 20th Jan 19
The News About Fake News Is Fake - 20th Jan 19
Stock Market Bull Trap? January 22 Top Likely - 19th Jan 19
After the Crash, the Stock Market Made a V-shaped Recovery. What’s Next - 19th Jan 19
David Morgan: Expect Stagflation and Silver Outperformance in 2019 - 19th Jan 19
Why Brampton Manor Academy State School 41 Oxbridge Offers is Nothing to Celebrate! - 19th Jan 19
REMAIN Parliament Prepares to Subvert BrExit with Peoples Vote FIXED 2nd EU Referendum - 19th Jan 19
Gold Surges on Stock Selloff - 18th Jan 19
Crude Oil Price Will Find Strong Resistance Between $52~55 - 18th Jan 19
Stock Market’s Medium Term is No Longer Bullish. It is Now Mixed - 18th Jan 19
SPX and Gold; Pivotal Points at Hand - 18th Jan 19
Fable Media Launches New GoWin Online Casino Affiliate Site in UK - 18th Jan 19
The End of Apple! - 18th Jan 19
Debt, Division, Dysfunction, and the March to National Bankruptcy - 18th Jan 19
Creating the Best Office Space - 18th Jan 19
S&P 500 at Resistance Level, Downward Correction Ahead? - 17th Jan 19
Mauldin: My 2019 Economic Outlook - 17th Jan 19
Macro Could Weaken After US Government Shutdown. What This Means for Stocks - 17th Jan 19
US Stock Market Indexes Reaches Fibonacci Target Zone – Where to Next? - 17th Jan 19
How 2018 Was For The UK Casino Industry - 17th Jan 19
Gold Price – US$700 Or US$7000? - 16th Jan 19
Commodities Are the Right Story for 2019 - 16th Jan 19
Bitcoin Price Wavers - 15th Jan 19
History Shows That “Disruptor Stocks” Will Make You the Most Money in a Bear Market - 15th Jan 19
What Will the Stock Market Do Around Earnings Season - 15th Jan 19
2018-2019 Pop Goes The Debt Bubble - 15th Jan 19
Are Global Stock Markets About To Rally 10 Percent? - 15th Jan 19
Here's something to make you money in 2019 - 15th Jan 19
Theresa May to Lose by Over 200 Votes as Remain MP's Plot Subverting Brexit - 15th Jan 19
Europe is Burning - 14th Jan 19
S&P 500 Bounces Off 2,600, Downward Reversal? - 14th Jan 19
Gold A Rally or a Bull Market? - 14th Jan 19
Gold Stocks, Dollar and Oil Cycle Moves to Profit from in 2019 - 14th Jan 19
How To Profit From The Death Of Las Vegas - 14th Jan 19
Real Reason for Land Rover Crisis is Poor Quality of Build - 14th Jan 19
Stock Market Looking Toppy! - 13th Jan 19
Liquidity, Money Supply, and Insolvency - 13th Jan 19
Top Ten Trends Lead to Gold Price - 13th Jan 19
Silver: A Long Term Perspective - 13th Jan 19
Trump's Impeachment? Watch the Stock Market - 12th Jan 19
Big Silver Move Foreshadowed as Industrial Panic Looms - 12th Jan 19
Gold GDXJ Upside Bests GDX - 12th Jan 19
Devastating Investment Losses Are Coming: What Is Your Advisor Doing About It? - 12th Jan 19
Things to do Before Choosing the Right Credit Card - 12th Jan 19
Japanese Yen Outlook In 2019 - 11th Jan 19
Yield curve suggests that US Recession is near: Trading Setups - 11th Jan 19

Market Oracle FREE Newsletter

UK House Prices, Immigration, and Population Growth Trend Forecast

If You are Interested in Blockchain and Crypto; Here Are 4 Developing Trends to Watch in 2019

Currencies / BlockChain Dec 21, 2018 - 05:31 PM GMT

By: Boris_Dzhingarov

Currencies Blockchain technology and its cryptocurrency applications have gotten into the consciousness of the mainstream technology, financial, and economic communities. The decentralized nature of Blockchain technology has opened an interesting world of possibilities on the democratization of operations, systems, and processes. Cryptocurrency, the most popular application of Blockchain technology has opened the proverbial Pandora’s Box on the possibility of money that exists outside the meddlesomeness of governments and traditional financial institutions.

2018 has been an interesting year for Blockchain and cryptocurrencies. For one, the cryptocurrency market has suffered huge losses that saw the price of Bitcoin dropping more than 70% to $3500 and the market capitalization of the cryptocurrency industry has crashed from around $750 billion to about $110 billion. Many people are making increasingly vocal predictions about where they think the Blockchain and cryptocurrencies are headed in 2019. This piece is not meant to provide you with predictions for 2019; rather, it is written to intimate you with developing trends so that you can take strategic positions.

  1. There’s more to Blockchain than cryptocurrencies

Stakeholders in the Blockchain industry are making a concerted effort to end the long collocation with cryptocurrency to ensure that people understand the difference between Blockchain and cryptocurrencies. You can expect to see a concerted effort to push other applications of Blockchainsuch as smart contracts and tokenization into the limelight.

Organizations such as the Ethereum Enterprise Alliance, Blockchain Alliance, and the Hyperledger project are on the forefront of highlighting and promoting the use cases of Blockchain beyond cryptocurrencies. Smart investors may want to start looking beyond cryptocurrencies into startups that are leveraging Blockchain to unleash new levels of disruption in different industries.

  1. Cryptocurrency exchanges will come under increased scrutiny

Cryptocurrency exchanges function like stock exchanges but they inherently different and they are largely unregulated in the ways that stock exchanges are.  2019 could potentially be the year that regulators pay more attention to the activities of cryptocurrency exchanges. Regulators are already clamping down on ICOs; many ICO founders, crypto influencers, and advisors are being investigated for their roles in what turned out to be scam ICOs. Interestingly, many ICO scams were perpetrated through crypto exchanges.

The increased regulation will be ultimately good for the market and all but the very best cryptocurrency exchanges will remain when regulation catches up with cryptocurrency innovation. 2019 might also be the year that decentralized exchanges will break into limelight as people rely on truly peer-to-peer facilitation of their cryptocurrency transactions.

  1. There will be more use of Blockchain and crypto in gaming

Many altcoins are built on nothing more than a beautiful landing page, well written whitepapers, and a good dose of hype. However, the gaming industry might be able to find better intrinsic use for crypto tokens by ascribing value to them within a gaming ecosystem. Like how tokens are used to pay for rides in Disneyland, gamers can exchange fiat currencies for tokens, and the tokens can be used to participate in games, buy gear, upgrade skins and other merchandise.

Video gaming services might also unlock new levels of engagement if the virtual tokens can be exchanged for fiat or if the tokens can be used to buy stuff in the same way that gift cards work.

  1. Government agencies will start exploring the use of Blockchain technology

Beyond financial services, Blockchain technology is poised to become an integral part of government processes and organizations. For one, Blockchain technology can improve inter-agency data management to make government processes more streamlined, faster, and efficient. Decentralized Autonomous Organizations (DAOs) built on Blockchain technology can eliminate some of the bottlenecks and bureaucracy in the decision-making process of government agencies.

Of course, it is overly ambitious to think that government agencies will ditch legacy technologies for Blockchain within the next 12 months; nonetheless, we can expect to start seeing conversations happening around how Blockchain technology could make a difference in governance.

By Boris Dzhingarov

© 2018 Copyright Boris Dzhingarov - All Rights Reserved
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

© 2005-2018 - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.

Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules