After the Great Crypto Bull Run of 2017 and the monumental crash of 2018, blockchain technology won’t make as much noise in 2019. But it will become more useful.
Blockchain technology has sparkled a lot of noice in 2017 and a lot of (dubious) startups came out. Now, many of those startups hasn’t come out with any actual interesting product, and I haven’t seen any real-world interesting problem that has been solved at scale by blockchain.
But, as this article suggests, it may be a good thing that there is no more noice, and people can start work on it without all the buzz (good or bad) around it and see if there is any actual potentially useful implementation.
In this article there are some examples of companies that are working on it, and I’ll be very curious to re-read this article in one year and see what has changed and what succeeded.
Also, I found very interesting when in few months ago, AWS released a new service called Amazon Quantum Ledger Database (QLDB)
, which is a ledger database that would provide a transparent, immutable and cryptographically verified transaction log, which is exactly the technology that most of the startups needed (instead of blockchain) to solve their problems, without the disadvantages of the blockchain.