2 years ago

Category: Software, Business, Database, Security, Data, encryption

A couple of years ago, proponents touted the blockchain, the underlying technology behind Bitcoin and other cryptocurrencies, as a solution to nearly every business problem. Investment money flooded in. But many of those early proofs of concept fizzled out and the hype died down.

The leading use case for the blockchain this year and in the near future is cross-border payments and settlements, Wester said.

But the challenge always with things like blockchain is that it’s a tool looking for a solution, and that’s where it’s going to be, for a while, anyway.” With investment in blockchain projects on the rise, there’s a benefit for developers in learning how to program in Ethereum and related blockchain technology said AArete’s Carey: “Because there’s a shortage of capability.”