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Author Topic: [2016-01-11]IT Giant Predicts Blockchain Will Transform Tech Sector in 2016  (Read 263 times)
coinzat (OP)
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January 11, 2016, 11:13:39 AM
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American multinational CA Technologies believes that the technology underpinning the cryptocurrency bitcoin will find its footing in 2016.

In a blogpost titled Five Technology Predictions for 2016, Otto Berkes, the Chief Technology Officer (CTO) at CA Technologies, predicted a great year for the blockchain technology, saying that the innovative public ledger will “find a home outside of the Bitcoin transaction ledger.”

He stressed that the technology could be further incorporated within the existing Internet-of-Things framework, believing it has has the potential to become a transformative tool in improving the ways through which data is collected and exchanged between physical objects.
Read more: http://www.newsbtc.com/2016/01/11/it-giant-predicts-blockchain-will-transform-tech-sector-in-2016/
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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January 11, 2016, 11:37:45 AM
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Will the development of blockchain technology by those companies increase the value of bitcoin. Will a new coin be developed by a consortium of those companies?
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January 11, 2016, 12:12:58 PM
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The way I see it, Bitcoin as a currency will have multiple names in future. It will have many versions, each build on the update of its predecessor. I am sure the coin will be benefitted as much as its underlying technology. The only thing that scares me is the increased monopolization of blockchain and remittance markets. 
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January 11, 2016, 12:42:45 PM
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The Blockchain tech is clearly going to the moon but will it be taking Bitcoin with it is another thing

Within the next year or two we should see how the marriage works out
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