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Facts & Stats of Blockchain Development in 2018

Blockchain revolution is in full swing today. A large number of businesses have shifted their core concerns as Blockchain development services can help you secure and validate ownership in a digital asset or verify a transaction in a trustworthy manner. Hence, it becomes important for you to understand the Blockchain development industry deeply for your business growth. Here are some facts & stats of blockchain development to look out in 2018.<br>For more, visit - https://bit.ly/2Mi1ruS

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Facts & Stats of Blockchain Development in 2018

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  1. Facts & Stats of Blockchain Development in 2018 PixelCrayons

  2. Some Stats about Blockchain

  3. As per Statista, global blockchain market is predicted to reach 339.5M dollars.

  4. Gartner sees IT spending at $3.7 trillion in AI, Blockchain development & IOT.

  5. Here are some facts about Blockchain

  6. Which Blockchain technologies are in demand?

  7. Future of Blockchain Development Blockchain solutions are still a way off from changing the world. Here, we have summarized top 5 Blockchain development predictions for the coming years: 1. The utilization of zero-knowledge proofs will grow. It is a mathematical operation and a cryptographic tool that allows one group to prove to another. 2. Blockchain will come out with its own asset-tracking tool. Using blockchain development, Tokenization serves the purpose of identification and accessibility of the platform. 3. Proof-of-stake will be continually dominating the Blockchain consensus game. It is estimated that Bitcoin electric consumption will trend toward equivalent consumption of the country of Denmark by the year of 2020 4. According to IDC (International Data Corporation), “By the year of 2019, 20% of all IoT deployments will have basic levels of blockchain services enabled”. In fact, Blockchain and the IoT (Internet of Things) will be altogether. 5. Bitcoin is planning to implement the ‘rule of the law’. In addition, for automating business process operations, Smart Contract is recognized as powerful tools.

  8. Which industries are going to be benefitted from blockchain?

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