Are blockchain and cryptocurrency going together?

In the early of 2018, cryptocurrency investors’ assets value has decreased by 80%.  The fall is still continuing at the end of this year.  One of the investors, I know, is in fear about cryptocurrency future in 2019.  Probably the cryptocurrency bubble is bursting!

Are blockchain and cryptocurrency going together?   Once we look at past, the technology behind cryptocurrency is blockchain, has brought so many new innovations and opportunities.    Still many potential companies, some are Fortune 500, are showing the interest and enthusiasm in the blockchain technology.  So many companies are already implementing this technology in their business process.

You can see there are so many Startups have entered because of much hype in the cryptocurrency and blockchain.  We have to see, what can expect from this technology in 2019?

Will blockchain encourage in the commercial area?

If the positivity news goes well, the use of blockchain and cryptocurrency will see in the commercial areas.  An e-commerce shop may find their goods and supply chain process in public ledger. Already a person from Walmart is using the blockchain technology in their firm. The distributed public ledger will provide complete and genuine information to the businesses.  It will also provide the best services in less expenditure.

Blockchain technology will provide complete information from the supplier to the receiver.  The company can easily track through the distributed technology.  In 2019 this technology will accelerate in the different industries to cut down their cost and increase their productivity

Is blockchain technology disassociated from crypto?

“Blockchain not including crypto is not imaginable.”  The first child of blockchain is crypto.  So we can’t imagine blockchain not separated from crypto.  But starting from this year, everyone bore from the crypto falls.  The crypto sentiment is very strong last year, so the world is so much interested in the crypto.  We will hope the strong sentiment is coming in the next year.    

This year blockchain technology will give some solutions to the industry problems.  Already, in some industries such as real estate this technology leads to new innovations and transparency.  This technology has some barriers, limitations, and doubts.  This will soon resolve and make the world, beautiful.

Is crypto startups bubble ready to burst!

When the crypto is very much fascinating many startups have taken place.  All these startups have built around the crypto. All the exciting startups have come to solve some complex issues.  They made very effective white-paper and have given large discounts to the investors to buy their tokens.

But, they not solved any problem and have disappeared.  Some startups are has made their promise and they liquidated their funds into fiat currency to meet their expenditure.  Now, investors have gotten awareness in the new crypto Startups. In this New Year, we hope a genuine startup will come in the market to solve the needs. 

New regulations and laws are proceeding on blockchain and cryptocurrencies in the New Year.  This will make a very much positive sign to use this technology in the industries. 

What is your opinion on blockchain and crypto? Is it separated or associated?  Comment your opinions.