Blockchain Consulting

Blockchain Consulting

We live in a world where the availability of and control over data in economic, political and private life have become important factors for success, power and well-being. When we come together to discuss our agenda, we should always remember where the blockchain technology will lead us. Let’s educate our fellow humans about it. It is the time of a big shift. We have the unique chance to restore ethical values. Blockchain technology is about bringing back the power to the people by ensuring the integrity, availability and authenticity of data by the public community. It is the first time in human history that the transfer of power will change in such a way. It's about justice, transparency and equality. It's about bringing hope back to the humankind.

We have been blessed with the technology to solve poverty, hunger and the destruction of natural and human resource, strengthen individual freedom, self-determination and entrepreneurial activity and to support trans-boundary trust. In a blockchain-world, cooperation is more effective than competition. Cooperation and fairness stimulate business. We have enough resources on this planet and now the technology to fairly distribute them, which will lead to the reorganization and uplift of our economic and social systems. Blockchain is not just a technology that is driving growth in our companies. Blockchain tech is not just a new business field. Blockchain tech is furthermore an evolutionary step of mankind. It is not a matter of dissolving existing states, institutions and businesses, but of accompanying harmonic change in order to build together the foundation for a new world. The Blockchain is here to stay.

Today, corporate finance departments are learning how to manage BTC and ETH tokens for value preservation, transaction friction reduction, and upside, as these systems will grow in size and value dramatically with adoption over the next few years. Tomorrow their treasuries will plug into the Decentralized Financial protocols being built largely on Ethereum, for borrowing, lending, trading, equity and bond issuance, full lifecycle token management, insurance, prediction markets, trade finance, tokenization and factorization of invoices, loyalty tokens, and NFT art that can be projected on the walls of their board rooms. They will do this because they will be able to configure and issue financial instruments without the need for intermediaries, and they will be able to wire up financial flows to suit their needs in real-time. And they will do this because that's where the liquidity is.

We are at a very interesting phase of blockchain adoption. 2020 for Blockchain resembles 1997 for the internet. We’re still very early and based on the most recent Gartner Hype cycle, currently in Tough of Disillusionment with a plateau being reached in 2-5 years. Likewise 2020-2025 is a critical time for the development of core Blockchain infrastructure needed for Web 3.0   to materialize, providing the backbone of the next wave of development and success,

As blockchain digitizes the world’s assets, automates the world’s agreements, and enables self-sovereign digital identity for every person, place, entity, and machine, there is much to gain. Just as the Internet revolutionized how society engages and communicates with each other, Blockchain and cryptocurrencies such as Bitcoin and Ethereum will transform and commoditize how society agrees, trusts, and transacts online, in a decentralized manner. The 2017 cryptocurrency bubble introduced blockchain technology to much of the world, however we are just getting started on understanding where the technology can go from here.

Predictions For What Happens Next In Blockchain:

Improved Token Quality And Functionality

From 1996 to 2006, over 85% of Dot.Com companies saw their market cap go to $0. Still, we witnessed the birth of the Internet and a flourishing digital economy that drives the global market today (Amazon, Facebook, Google etc.) The early token launches and ICOs were impressive experiments in fundraising and tokenomics, but these were early use cases. This year we’ll witness a maturation of the token economy, with added business logic complexity embedded into tokens, which will much improved functionality and utility.

With Bitcoin, Ethereum, Chainlink and smart contracts, it is now possible to issue unique, provably-scarce, digital tokens to easily sell and track ownership of limited-edition and rare works of art, diamonds and other expensive collectibles. Some additional examples include; employment agreements that are paid based on story points completed, food programs that programmatically forbid the purchase of sugar, alcohol or tobacco products, a tokenized company equity table that allows for automated distributions of profit sharing programs…we’re currently only scratching the surface. The majority of these tokens will be developed on the Ethereum Blockchain. Here are some useful links to create your own cryptocurrency, launch a ICO and create a Blockchain-based decentralized organization.

Thanks to technologies like uPort, Metamask, and Opera, consumers will take greater control of their own digital identities — a core component of Web 3.0 infrastructure. Instead of logging into Google Chrome, Facebook, or LinkedIn, individuals will log into a custom, cryptographically authenticated browser they themselves own. The “Brendan Browser” will be open source software, audited by network participants and enabled by biometric confirmation such as facial recognition, an iris scan or a thumb print. Self-identification will be embedded into our decentralized browsers. A good analogy would be the use of a digital passport, to build reputations across Web3 and interact with marketplaces without sacrificing privacy, or security.

Institutional Investors Continue Exploration Into Digital Assets

For large investors looking to store recent gains earned in their investment portfolios, Peter Thiel’s did suggest that people were underestimating bitcoin especially because ... it’s like a reserve form of money, it’s like gold, and it’s just a store of value. You don’t need to use it to make payments … and it’s a of hedge against the whole world falling apart. Most cryptocurrencies are down over 80% from their peak price last year. With a global pandemic, we live in uncertain times. Additionally, all aspects of institutional capital markets will be available to blockchain-native digital assets by the end of the year. This includes trading custody, insurance, registered exchanges, USD-crypto real-time settlement, and proper investment vehicles.

Global finance operates much less efficiently than most people would imagine. There’s still an enormous paper trail, and the digital tools that do exist offer a poor, disjointed user experience. This year, banks and institutions will ramp up blockchain adoption in a big way, as they decrease settlement latency, enhance data management, unclog paper dependent workflows, optimize the KYC process, and eliminate human errors. Blockchain networks will take a massive leap towards reducing counter-party risk and fraud, allowing companies to proactively manage risk rather than just reactively responding to risk.

Decentralized Applications (DApps) Benefit From Improved UI

Thanks to the open source nature of the dApp community — along with maturing essential components and standards, the developmental landscape is now full of elements that can be composed into a powerful decentralized application in a way previously not possible. These include browsers, tokens, wallets, swap protocols and exchanges, data feeds, markets, IoT protocols, registries, name services and legally enforceable agreements, all functioning behind ta user interface. 2019 will begin a process of the creation of fully integrated stacks for industry verticals built on the main Bitcoin and Ethereum networks.

Following the lead of Rimble — an open source toolbox of beautifully designed, blockchain-compatible elements — design standards for decentralized apps (dApps) continue to rise. With better design and more seamless integration available, the next generation of dApps will be all about user experience or will be left behind. dApps will catch up to Coinbase — which has provided the first non-horrible user experience as yet in blockchain — and blockchain UX will mature fast in 2020.

Easily used tokens provides a new path in business for the betterment of its members, existing simultaneously nowhere and everywhere and operating solely with the steadfast iron will of unstoppable code. Tokens built using smart contracts on the blockchain provides strong control of ownership and prevents any double-spending or voting. Investors benefit from increased liquidity in comparison to the alternative asset investments - provide a significant competitive advantage.