1. From "passports of immunity" to valuable assets
The cryptocurrency market is breaking records, and its growth leads to a new wave of interest in blockchain technology.
Tokenized shares are a prime example of today. They help raise additional capital. More on this topic in the previous article
Cryptocurrency is widely in demand as a marketing and PR tool. NFT is becoming an important concept
of business processes, including extremely high impact on the field of art. 2. Companies are more actively integrating blockchain into internal processes
An example is the area of logistics. Blockchain helps to organize simple, accurate, and secure data exchange in complex supply chains. The impact consists of:
- improved tracking and traceability;
- efficient purchase of products;
- improved payment process;
- effective inventory management;
- increasing customer engagement etc.
And this is a single example. More cases in various niches are discussed in this article
. 3. Decentralization
There is a high likelihood of an increase in demand for decentralized infrastructure. Experts call the factor of decentralization one of the key factors in building the value of the blockchain. Decentralization increases the network reliability and reduces risks with centralized control over the blockchain.
For example, the Telegram Open Network project, launched by Russian entrepreneur Pavel Durov, became one of the most sensational projects of 2018. The project raised about 1.7 billion dollars from private investors in a very short time. It was to become one of the fastest performing transaction platforms, surpassing the current capabilities of Bitcoin or Ethereum, with significantly lower fees for remittances.
Problems with the SEC forced Pavel Durov to freeze the project and give it to independent developers. The project became open, and the investors received their invested money back. Today, it is known as Free TON.
Now the free open network Free TON is being upgraded to the next generation of blockchain. Free TON is a fully decentralized self-governing blockchain. The goal is to make an accessible ecosystem with smart contracts ruled by the principle of a decentralized autonomous organization (DAO).
Regulatory authorities constantly impose restrictions, but decentralization remains a demanded and expected concept in a lot of niches.