BLOCKCHAIN: THE NEW GOLD

After the bubble of 2017, Blockchain appeared as the great technological promise. The great change that would occur in the century. Then, the cryptocurrencies sank, and many thought that those projects would be left in borage water.

However, the industry has maintained its interest, and blockchain investment is growing year after year.
The future will come this decade.

Blockchain phones are already beginning to be distributed. At first, only some intrepid company, such as Pundi X or Exodus, got involved in this sector. Over time, more adventurers arrived in port, and now it is the big companies who decide to disembark. There we have LG, eager to launch its Blockchain phone to counter Samsung's plans, which has already launched its own.

The blockchain physical device industry - which would include crypto-wallet phones, ATMs and hardware - grows at a compound annual rate of 45%, reaching $ 1.5 billion by 2024.

By 2030, Blockchain will be an important part of our lives.

Consortiums of large companies are entering the sector. Data management, and the health sector, are industries that will benefit greatly. The immutable registration will allow access to information more easily, saving costs and time.

In the case of energy, a large amount of wasted electricity could be saved by decentralizing existing networks. Likewise, the figure of the prosumer can be born, an energy consumer at the same time as a producer, and the surpluses of houses and companies are traded.

Power Ledger, blockchain project, has launched its test network in large areas of Australia, applying the first steps of this project.

The blockchain revolution will be controlled by large companies. Maybe they play with our privacy, managing our data as they have done so far. On the other hand, there is also the option of recovering lost sovereignty, since the user could be offered absolute privacy if he decides to hire blockchain services.

In any case, it seems that it will be the corporations who implant blockchain, and not the small cryptocurrencies. I already spoke in another article about the improbability of a hypertokenized future, and I maintain my position. However, Bitcoin will see its muscle strengthen, becoming a standard at the time technology is normalized.

It will be then when its price shoots beyond the sky.