Blockchain Is NOT Dead.... Just in a Coma
Seriously, every innovative technology has been through this.
Come on, people -- hindsight is 20/20. Any innovation hits a point where there's a snag, and the kinks have to be worked out. After all, when Pirates of the Caribbean came out at Disney World, nothing worked. And thankfully, with respect to the blockchain, we don't have to worry about this particular innovation eating any tourists.
So Lighten Up -- Blockchain Is Not Going Anywhere. It's Just Simmering in the Pot.
Truth be told, we've been seeing blockchain sit on the backburner for a bit in 2018, and there's no way around it: the tech will remain rather shadowy for just about all of 2019. But does that mean the tech is dead? Far from it.
The ideal holds so much value that there's literally no way that this will stay down for long. And the fact is this: blockchain's out of the trend all because the one spokesperson of the innovation, the Bitcoin, has tanked tremendously in terms of value. Of course, we're most likely going to see another big upswing in the cryptocurrency, and without a doubt blockchain technology will again be in the news as the NBT.
But Why? Why Should We Keep This Whole Blockchain Thing in Our Minds Still?
Think of encryption, security, immutability: they're priceless. Especially in this day and age of hacking still on the rise, ID theft, malware, a host of other cyber-terrorism anomalies plaguing the world as we speak --
We long for that type of network destined to hold everything accountable in a way that's virtually immovable and insurmountable. And the theory still holds water. Applying it, though? -- That's what needs to be worked on.
The big problem is a lot of us big-wig entrepreneurs want to jump into the water so darn quickly in the hopes of tackling the NBT before we even knew what we had. Sort of like that one other little theme park having to do with prehistoric reptiles. Technology can be dangerous -- but only when you use it so haphazardly.
The Trend Will Be That in 2019, Blockchain Technology Will Innovate BEHIND the Scenes
And when it does officially go mainstream, hoboy.... We better hold onto our butts (especially when that darn Bitcoin rises again).
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