2017- Great Year for Blockchain Technology

2017- Great Year for Blockchain Technology

It is expected that New Year is going to witness so many applications from the blockchain technology in different sectors. Bitcoins that are behind th

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It is expected that New Year is going to witness so many applications from the blockchain technology in different sectors. Bitcoins that are behind the blockchain technology has got so many applications in recent time, financial institutions and banking are major parties who are very much interested for development as well as implementation for the distributed ledger technology for the operations. Fintech is one among hottest sectors available during this time. There are so many fintech applications which are available and based on the blockchain technology. This is going to rise in the implementations in much better way.

If you can consider track record related with fintech industry that has happened in last two years as indications then it says that the future is going to be much eventful and exciting. Industry sector is in really good form and has got much increase of 60 billion dollars as the investments from starting of the decade. It is expected that numbers are going to increase. The rise that you can find on investments are attributed towards market opportunities as well as judicious fund usage through startups for achieving results.

It do not stop just with the usage of Fintech. As per the reports on the study of the blockchain, it is found that it has got the ability to much more compared to fuel innovation in the niche of fintech. It is found from the reports of Sullivan and Frost that the blockchain technology that the blockchain technology is going to stop the cyber attacks. The cybercriminals are continuing to find newer ways for compromising cyber security related with the business. The Email compromise of the business is one among the new strategy that the cybercriminals are using.

There are also applications which were issues by the fintech accelerator so that so many signs that indicate interest among institution in blockchain technology can come.

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