{"id":9101,"date":"2019-02-21T07:00:41","date_gmt":"2019-02-21T15:00:41","guid":{"rendered":"http:\/\/formtek.com\/blog\/?p=9101"},"modified":"2019-01-15T09:36:24","modified_gmt":"2019-01-15T17:36:24","slug":"blockchain-2019-entering-a-more-rational-and-mature-phase","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/blockchain-2019-entering-a-more-rational-and-mature-phase\/","title":{"rendered":"Blockchain 2019: Entering a More Rational and Mature Phase"},"content":{"rendered":"\n

Cryptocurrencies made big news in 2017 and 2018. 2017 saw an explosion of cryptocurrency prices and investor speculation. They were a modern day tulip mania<\/a>. 2018 started the year with peak prices for cryptocurrencies that plunged throughout the year, down almost 90 percent by year end.<\/p>\n\n\n\n

Block chain technology and cryptocurrencies aren’t dead. They are entering a new and more rational phase. Research into the technology is just now leading to a number of new products and services that will be announced this year.<\/p>\n\n\n\n

Walmart plans to use blockchain <\/a>for supply chain tracking, and in the financial sector, the Intercontinental Exchange (ICE) plans to open a digital asset exchange this year and Fidelity will be opening a new company called Fidelity Digital Assets.
<\/p>\n\n\n\n

Nikao Yang<\/a>, COO at Lucidity, said that<\/a> “for a long time, blockchain has been inextricably tied to cryptocurrencies, but that\u2019s simply one application of the technology. Now, a variety of industries \u2013 from manufacturing to retail \u2013 will start to explore the improvements blockchain can bring to supply chain transparency, ownership tracking, and others.”<\/p>\n\n\n\n

Alison McCauley<\/a>, CEO of Unblocked Future, said that<\/a> “the most impactful use cases are not going to be identified by technologists alone. I see forward-thinking organizations raising blockchain literacy across the company so that they can get subject matter and process experts to help them understand where the technology will really make a difference now, not just ten years from now.”<\/p>\n

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Cryptocurrencies made big news in 2017 and 2018. 2017 saw an explosion of cryptocurrency prices and investor speculation. They were a modern day tulip mania. 2018 started the year with peak prices for cryptocurrencies that plunged throughout the year, down…<\/span><\/p>\n

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