The document discusses the rising trends in blockchain technology, highlighting its growing adoption across various sectors, challenges such as interoperability and scalability, and the emergence of stablecoins. Major companies like Amazon and IBM are paving the way for blockchain integration, particularly in finance and IoT, which will enhance efficiency and security. Overall, blockchain is positioned as a leading technology with promising career opportunities and the potential for significant market impact.

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Blockchain Technology Trends 2020
Even if you have rudimentary knowledge about Blockchain, you would know that
this is one of the most popular technologies paving the way for a lot of
development and changes. As per Gartner, Blockchain is one of the hottest selling
technologies and the most promising one too.
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In fact, as per Tech Crunch, it is the second-fastest-growing labor market that is
extensively looking for skilled Blockchain professionals. However, interoperability
and scalability are the challenges which the public Blockchain faces, despite these
hurdles, Blockchain technology is slowly progressing and making its way as a
leading technology.
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Here Some Of The Most Of Blockchain
1. Its adoption is going to grow- In the times to come the adoption of
Blockchain technology is going to grow. You are going to witness its impact across
the different business segments. We already have companies like Amazon, IBM,
Apple, and Facebook aggressively working towards the adoption of this
technology.
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2. Stablecoins- We already know that cryptocurrencies have created a digital
financial revolution. But, these have been highly fluctuating. Hence we now have
the surge of stablecoins. As evident from the name, they are more stable, and its
pricing is not that fluctuating. It is expected that we will witness the proliferation of
stablecoins in the near future.
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3. Blockchain network and interoperability- We have already mentioned
about the challenges of the current Blockchain system. In the times to come, we
will see a growth in the functionalities of Blockchain. It would now be easier to
send Ether Block to another Blockchain network, which currently is not possible.
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4. Finance and economies will adopt Blockchain- Yes, as per the report
of PwC, around 77% of financial institutions are going to adopt Blockchain
technology by the end of 2020. With the help of Blockchain technology, we can
expect the conventional financial system to get rid of redundancy red-tapism,
validation, and verification process, which consumes more time. With the help of
Blockchain, we can expect faster results and better transaction rates.
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5. Blockchain and IoT- Another area that needs a mention here is how
Blockchain is going to blend with another technology, i.e., IoT. We are living in an
era where connected devices have become very common. It brings a lot of
information in the virtual work. With Blockchain's help, we can expect the system
to be safer and free from any risk of losing data. As per the International Data
Corporation (IDC), around 20% of IoT deployments will enable Blockchain
services by the end of 2020
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With all these sets of developments, Blockchain has become a popular technology
that can aid other services to become better. The conventional technological
platforms that we use are prone to attacks and other vulnerabilities. With
Blockchain's help, we can surely expect things to become more in control of the
user and offer a safe and secure platform.
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What's next?
It is going to be one of the leading technologies and is a great career option. You
can choose the Blockchain certification course offered by Blockchain Council.
These online certification programs are a great way to ensure that you become a
part of the ever-changing and growing technologies.
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Blockchain Council Certifications
You can check out our certifications, and kick start your career in the Blockchain
space today.
● Certified Blockchain Expert
● Certified Blockchain Developer
● Certified Smart Contract Developer
● Certified Solidity Developer
● Certified Ethereum Developer
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Any questions?
You can mail us at
hello@blockchain-council.org
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