Technology of the year 2018 will be - Blockchain

New technologies that are poised to redefine our economy. Such as, Blockchain is a technology for a new generation of transactional applications that establishes trust, accountability and transparency while streamlining business processes.

A blockchain has two main concepts. A business network, where members exchange items of value through a ledger, which each member possesses and whose content is always in sync with the others. It is the most disruptive technology of this decade.Blockchain technology market size will be worth 2.3 billion by 2021.

A blockchain is a shared, encrypted ledger that is maintained by a network of computers. It's like a giant spreadsheet shared by many, that shared by multiple people, better known as blockchain, has the potential to eliminate huge amounts of record-keeping, save money.Blockchain is getting implemented across industries and professions. Several technology companies have already moved into this area, including Microsoft with the Azure cloud platform , IBM with IBM Blockchain, its public cloud service, and Amazon's AWS, who has partnered with the Digital Currency Group and another technology services companies like TCS, Infosys, Wipro, Tech Mahindra and Capegemini also started giving services into this sector.

IBM is developing enterprise-ready solutions that overcome existing limitations of blockchain technology in terms of privacy, confidentiality, audibility, performance and scalability....Read More