In 2020, the technology blockchain will go beyond the speculative concept

Currently, applications are rarely audible that the technology of a distributed registry is a miraculous means to solve this or that problem. Business replaced the irrational approach to pragmatic, which led to a reduction in the number of blockchain-projects implemented. However, the remaining are serious enterprises, and not speculative concepts.

The next year, the blockchain-platform will continue to expand the proposed services and develop new tools, and the most promising direction will remain a study of strategic approaches to the toxiumization of digital and physical assets using smart contracts.

Competition between leading players, such as Hyperledger Fabric, Ethereum, Quorum, Corda R3 and Multichain, will continue to grow. At the same time, new promising participants, such as Digital Asset, are preparing to enter the market, which makes it possible to integrate their solutions with other platforms.

According to the forecasts of Forrester, specializing in the research of the information technology market, next year the blockchain-industry will retain its key trends that have been formed in the current year, but will begin to pay more attention.

According to Martha Bennett, Vice-President and Chief Analytics Forrester Research, more than 80% of the launched networks will be hybrid or multi-neighbor. Sometimes this is due to regulatory requirements, for example, when launching a local node in a country where the selected cloud service provider does not provide services. In other cases, the reason to be a network participant who wants to continue to cooperate with its current provider.

Therefore, technology providers cannot offer blockchas as a service only in the cloud of one provider. The developers have already begun to improve their proposals and continue to do it in order to better meet the needs of customers.

Due to the appearance of many networks, approximately with the same use options, a compatibility issue will be released on the fore. Since some processes can affect several blocks at once, then the possibility of interaction between them may be important for participants. For example, tracing goods and trade financing are elements of a single supply chain.

Suppliers of existing solutions for automation and management of business processes will strive to expand their suggestions using DLT. In parallel, we will be able to see the increase in integration with other existing systems.

Next year the opposition between

Despite the fact that currently public platforms are poorly adapted to complex corporate use options, but increasingly discussed issues of interaction between several projects to improve efficiency and solve more complex tasks. However, the difficulties of assessing the effects of such initiatives go beyond program protocols.

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