Blockchain is not just about cryptocurrencies anymore. It's about trust, speed, transparency and more. Read the latest blockchain tech trends here before seeking blockchain consulting.

1. 6 Blockchain Tech Trends to
Check Out Before Seeking
Blockchain Consulting
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2. Blockchaintechnologyis on
the rise in recentyears.
Branchingout from
cryptocurrency,blockchain
has seen multipleups and
downs in the pastyears.
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3. KeyDiscussionPoints
TableofContents
1. More Security
2. Fintech and Blockchain
3. CombiningBlockchainwith IoT
4. More InvestmentOpportunities
5. Rise inGovernmentResearch on
Blockchain
6.One Blockchain vs.Multiple
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4. 1. More Security
One of the key problem areas with blockchain is the ambiguity as transactions
cannot be attributed to a single entity or a server. This year will see more
regulations and security implementations in the field of blockchain technology. A
lot of blockchain consulting services have also come up that help organisations
develop secure, digital-fraud free blockchain solutions.
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5. 2. Fintech and Blockchain
Recently,a lotof start-ups have emergedinthe fintech market that
dabbles with blockchain andbanking.And since blockchain isan
openplatform that cannotbe regulatedby a single entity,many
start-ups are lookingtomaximize economicinclusivityof
communitiesby banking the ‘unbankable’ through blockchain and
cryptocurrency.
Alongwith this, blockchain trading platforms like the ICE-based
Bakkt have also paved the way for mainstream blockchain trading.
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6. 3. Combining Blockchain with IoT
It is indeed the Internet of Things era. Hence, there is no
surprise that blockchain is eventually leading towards
amalgamating with IoT. Developers are looking to
optimize IoT devices through blockchain with digital
transactions being faster and more secure, developing
platforms by seeking blockchain consulting from well-
established blockchain consulting companies.
It is a matter of time as to how blockchain companies will
dabble with said IoT devices.
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7. 4. More Investment Opportunities
With the developmentsinBlockchain, the technologyhas attracted majorplayers such as
Walmart and Amazon. Companies, big and small are now looking to investin this technology
andevendevelopcustomplatforms based onthe same.
With alot ofsolutionsmovingtowards ‘Security tokens’ forblockchain tradingandthe
developmentof‘smart contracts’ investinginblockchain has becomemuch simpler.
Tokenizationhas led the way to moreinvestmentopportunitiesinblockchain. codezeros.com

8. 5. Rise in Government
Research on Blockchain
Blockchain is nowreceivinga lotof attentionfromgovernment
entities,both positive and negative.However,there are a few
governmententitiesthatare lookingtointegrateblockchain to
developbetter,more securesystems of governance.
WithcountrieslikeChina buildingincentivebased blockchain
developmentprogramsand having blockchain learning guides
onplace, Estonia’s e-governanceinitiatives and Dubai’s efforts
tobecomea paperless government,blockchain couldsoon
becomemainstream in governancesolutionsthrough proper
blockchain advisory.
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9. 6.OneBlockchainvs.Multiple
There have been debates amongblockchain enthusiasts when
itcomes to the utilityandscalability of blockchain solutions.
Many argue that oneblockchain solution foreverytask is the
way to gowhile others believethateach blockchain solutionis
differentandhas differentpurposes. Hence,multiple
blockchains are requiredfor their utility in differentfields.
That is why a lot of blockchain developmentconsulting
companies andblockchain developersare researching this
technology,developinga specific blockchain to tackle specific
problems.
These are justa few trendsthatshall alter blockchain
developmentinthe future.Howblockchain technology
developmentwillpan out,we shall have towait andwatch.

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