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“In a few years, blockchain will be everywhere, but that does not mean that soon we will all be paying in bitcoins. Blockchain is not only a way of transacting cryptocurrencies, it has much more important and promising possibilities. One of them is city management.”
“Blockchain technology should be taken as seriously as the development of the Internet in the early nineties. It’s like an email to send money”.
“I think one of the problems with blockchain is the way it is presented to the world. All the reasoning ends up being pompous statements about the next idea that can change the world completely, destroying banks, money, and so on and so forth. It is too vague to generate practical interest, and too inaccessible for both ordinary and technologically savvy people to understand”.
Errors of Use
Blockchain should not be confused with cloud storage technology. It can hardly be called a database. After all, the system does not store physical information (a document), but rather the irrefutable confirmation of the existence of this information and the history of transactions with it.
The Figure
The World Economic Forum in Davos predicted that by 2027, 10% of all global GDP will be stored in blockchain networks.
Fact
In 2021, interest in blockchain in Europe declined in both the commercial and public sectors. According to a survey by Dell Technologies, other technologies such as artificial intelligence algorithms and industrial and commercial robotics are growing in investment appeal in Europe.
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