Will blockchain downgrade the market of cloud computing
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This Presentation on Blockchain gives you a brief introduction to How Blockchain is downgrading the market of cloud computing? Despite the ridiculous action in some of the names, I expect that "Blockchain" will be a very important market theme in 2018. It is important to understand that bitcoin and blockchain are very different things. The blockchain is several times faster so there is no chance of third-party access. Cloud computing can anytime be failed to a server crash or any reason. With the way innovation is propelling, nothing is unmistakable, and there are no confinements on what sort of framework can be developed. Programming advancement is developing exponentially inside the blockchain space.
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Will blockchain downgrade the market of cloud computing
- 1. Will Blockchain Downgrade The Market of Cloud Computing?
- 2. What is Blockchain? • A network where blocks are securely connected by cryptography. • Blockchain are more user-friendly and open to the public with flexibility.
- 3. What is Cloud computing? • It is a network of servers where we can store data, manage and process it. • But It has a disadvantage while using data, it has some limitation.
- 4. Comparison in Speed: • The Blockchain is several times faster so there is no chance of third-party access. • Cloud computing can anytime be failed due to a server crash or any reason.
- 5. Future • The Blockchain has globally captured the economy of many countries. • Many predictors are saying Blockchain will replace the cloud computing. • As per predictors Blockchain technology can save the financial industry $20B per year by 2020.
- 6. Market Analysis • Blockchain has 80% impact on global market. • The Blockchain is more safe with negligible privacy risks. • Cloud computing has 50% impact on global market. • Cloud computing has less security and high privacy risks.
- 7. Conclusion • Yes, Blockchain will definitely downgrade the market of cloud computing. • According to economist and market, researchers prediction cloud computing is not going to survive in blockchain world.