Most of the world just discovered blockchain and they think it is fabulous, but where will it go?
Right now due to everything "blockchain" having a token, we call them all "Crypto-Currency, just as at one time companies that have a website were "Dot-coms". Currently though having a website is just part of having a business. In all likelihood in the future many companies will have a Blockchain - if there is a business case for it.
Due to the newness of the emerging technology of "Blockchain", it has created this interesting market of "Crypto" products. We spend time comparing Steem to PowerLedger - POWR, which makes no sense. One is a social media product with a currency attached. The other is a company with a vision on how to buy/sell and trade various forms of "Energy". It makes very little sense to compare them, except that they both issue tokens.
I believe we are at a point where businesses will buy or recreate the best ideas and integrate them into their current models. We are already seeing the beginning of that with Mark Zuckerburg talking about adding a crypto to Facebook.
What does that mean for SteemIt and POWR? Long-term it depends on how fast businesses integrate the power of the blockchain.
Right now we have an amazing opportunity, but don't think it is going to stay in the current confines as it grows.
Random Cryptic Thoughts.
If you haven't checked out the best minnow on SteemIt, she is @brandyb and she is fabulous!
Even the companies that won't have their own blockchain or token will all use the blockchain extensively, be it for transactions, supply chain or logistic solutions.
I'm trying to identify the Googles, Amazons & Intels of the crypto-space but that is just so incredibly hard. What's your perspective?
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I'm looking for them also, but remember that Netscape and Windows came first! What we are looking for in a currency is a "User Interface" type product that dumbs this down for the end user. I haven't seen it yet, and it will likely come in the form of a Wallet. That is my perspective.
Who is going to make this mainstream easy...? That is what we need to find.
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Just took me back to when I used to work for CompuServe! Lol
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that compuserve life thou! wow, let's talk modems. ha! man, feels like a lifetime!
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hahaha IKR.... I am only 35 so it really was not THAT long ago!
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For sure, we are still in the infancy stage here. All you need to do is use the phrase "blockchain" in your white paper about 10 times, and people throw millions at you without really knowing WHY that's a good idea.
I think SMTs might be an interesting "gateway" to show people the more functional aspects of what you can actually USE blockchain tech for. And-- in due course-- maybe some of these tokens will become more like actual currency you can use to pay for stuff, rather than just highflyer investments.
Interesting times, for sure-- good time to pop some popcorn an watch.
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I think a new development that will be left in the blockchain wake is MaaS.
Money as a Service.
Most of the rest of the projects will end up gone or within their own specialized industries. IMO
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Absolutely. When we can use them as currencies more easily, everything will change again.
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Ha ha, I think Netscape was later... To me, it seems like we're late in this phase:
I actually e-mailed Marc Andreessen once when I was an early-career programmer and having trouble getting NCSA Mosaic to compile. I never heard back from him, but I did eventually get it to compile... ; -)
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Remember when it was an optional $75 product and there wasn't a Microsoft Version yet?
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Yep, and you also had to shell out another $40 or $50 for 3rd party software and muck around in autoexec.bat and config.ini just to get the stupid machine connected to the network.
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Blockchain technology is going to change everything but a possible analogy to internet development is that we’re now at the stage of putting our 1200-baud modems in a drawer and replacing them with blazing fast 2400-baud modems.
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Will this help Steemit grow through its SMT feature?
Steemit can't be compared with POWR. Two different tokens.
@brandyb is growing with every blink of eye. Keep growing brandyb. :)
Steem On @whatsup.
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@whatsup blockchain is the future , Will Make Our Life Better & Easier , There will be several wonderful projects in the future
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@whatsup,
Actually this is a good topic to discuss! Specially with technological changes world is immigrating new concepts, now blockchain and it also have few generations so far, and I hope next next couple of years of time they will find another technology! Likewise we all should adopt to those technologies! Adoption is the key of success, that how I believe it!
Cheers~
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Blockchain now will be included in all our life activity its the new way of thinking its a revolution!
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A lot is unfolding gradually and only in the future will we be able to know what all this is about. It's mosaics that will become a beautiful image once we are able to step back a little from the canvass and view it. But the time for that is not now. I wait.
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I already know crypto is the next big. I equally know it'll go far. New tech with massive adoption always succeed and with the way crypto and blockchain is going, they'll be new in ovations and ways to tweak crypto to solve different life and world problems in terms of finances, power sector, education etc.
Thanks for sharing this. I'm having a deep tought too.
Happy Steeming
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An amazing opportunity is right. I hope it doesn't stay within the current confines, but surges ahead and stays in the lead for others will surely follow.
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whats you think how mark zuckberg add the crypto to the facebook,,,will it like steemit give rewards to the users or only launch crypto coins like ripple eth @whatsup
and really good to see the @brandyb blog
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When Yahoo was two college guys and a single page of links. This is a second version from when they started categories.
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Great post and very well written about "After The Blockchain Hoopla Ends."
Blockchain technology will change everything.
Thanks @whatsup for sharing this post.
Resteemed your post!!☺
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i agree blockchain technology is surely the future and the way it is growing it surely gains more heights in very near future, thanks for sharing your nice thoughts with us, Stay blessed
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I can't say we're having bad days specially in crypto times...but for memories are attached to it so I want to say...Good Old Days... as that is what came to my mind after taking a look at this photo:
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where will it go? :
Is an important question .
According to specialized experts in the field of digital work in the Baluchin is still in its infancy is the revolution era and the future is still open because it is at the beginning to win the confidence of new investors .
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@whatsup.....yeah present block chain technology is changes dad by day the new methods are come to implements the technology actually the main theme of the block chain technoligy is to create a wound wrapping security around the data this causes the data not able to hack and its very safe to handle if any one want to havk the data the alert message which is go to the another data base and its a very safety for money transation systems and other huge important data storage or huge money exchanges or storages like cryptocurrency ..if we saw the crypto adresses its very hard to remember its a big adresses to protect the transition...its a good thing of development blockchain technology....
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Thank you for sharing ♥ @whatsup
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New technology will also come but the recognition of a new technology takes time and it also depends upon how good that is for our day to day need. Today blockchain and cryptos are revolutionizing the financial market worldwide. But this recognition worldwide came after 5/6 years. So it takes time.
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This post has received a 2.42 % upvote from @booster thanks to: @whatsup.
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Yes as it seems we are in the early stage of it,so to get as much as possible and keep it for the long term is probably the best for now .
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Blockchain will be bigger than the dotcom boom’, says CEO of Europe’s leading trading information platform.
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With the blockchain technology, endless possibilities lies ahead i n the way individuals and companies will do business.
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Except for businesses, largest part of the world hasn't heard of the Blockchain. Crypto currencies and/or Bitcoin on the other hand, yes. Most people probably won't come in contact with it till its here and being used, (and then still they might not know what it actually is that provides them the service).
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By the time facebook adopt or own its own crypto steemit will be way higher and this is otherwise a good sign for this community user.
Thank you @whatsup and Have a great day.
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We should use opportunity well. Thanks for information, all the best.
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These are good indicators that we are very very firm in our ground and these actors will definitely weigh in steem to grow higher and we should not forget steem has the fastest ever blockchain.
Thanks...steem on and stay blissful...
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I would not compare it to dot com boom, even though many do. What i agree about is that it is just the beginning of blockchain era, and soon enough we will have new leaders who might change the game. Same google, i have a feeling they will not stand aside ))
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Yeah dear technology is changing day by day.
its a great compliment.
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love ya footer. i personally think the steem blockchain is in a good position for having a fully operational blockchain running for over twenty months already, in some ways it's a fully baked blockchain not just some ICO people are still waiting for -- the SMT should bring more people to it, i see steem going upwards and upwards at least for the next few years.
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Im newbie in steemit and im learning about crypto and blockchain and its amazing i will fdo my best to get involved in this great field
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I think that as the blockchain technology advances than concurrency will appear and time to market will be the most important thing. But, for the moment, we just bet on the capability and what the technology can bring on the table. Who sees the in-depth of it and think the problems it solves, those will be the real winners. We all have the opportunity to embark on something beautiful, but between these ships some of them are just an illusion. Think smart, don't bet it all on one card and just enjoy the ride!
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upvoted
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