How Cryptocurrencies are Changing the IT Industry

[batux]

Cryptocurrencies made big changes in terms of the development of software technology. Also, They give a lot of opportunities to earn money easily with your intelligence. I think, It will continue to have deep impacts in our lifes in the future.

https://www.infoq.com/articles/cryptocurrency-changes-it-industry?useSponsorshipSuggestions=true&utm_source=articles_about_Security&utm_medium=link&utm_campaign=Security

[LeGaulois]

Much less than the blockchain technology itself in my opinion. There are more cases besides IT in which the blockchain can be used and we have not yet the full idea of how powerful it is.

The Blockchain does one thing: It replaces third-party trust with mathematical proof that something happened
#securedbymath

[AliMan]

Much less than the blockchain technology itself in my opinion. There are more cases besides IT in which the blockchain can be used and we have not yet the full idea of how powerful it is.

The Blockchain does one thing: It replaces third-party trust with mathematical proof that something happened
#securedbymath

I think crypto makes IT industry grow. It opens opportunities to blockchain technology and improve its security. In return, bitcoin will be hard to exploit and hack. More IT dudes are gonna earn money because of bitcoin. Software and security development are one that must be improved by IT in btc technology.

[Sendibere]

This is the big chance in cryptocurrency. But I should not ignore the fact it’s in an early stage of development and its has shown both successes and failures. Tracking this young technology’s development could help us maximize its potential to best serve us. New technologies often attract a wide variety of developers, including many freelancers around the world.

[civilufo]

Yes, it is the beautiful of block chain technology. I hope one day will replace current third party trust of payment method.

[Nightmare0619]

The crypto world is still young, but we know that it already opened vast oppurtunities for everyone... Time to time new technology will be develop using blockchain that will help improve the IT industry, in terms of sales, marketing and management.

[rockyfeller]

The crypto world is still young, but we know that it already opened vast oppurtunities for everyone... Time to time new technology will be develop using blockchain that will help improve the IT industry, in terms of sales, marketing and management.

It will continue to grow more and more. IT industry are very in demand in the next few years. so i would recommend to my son that if he wants to get a college course pick IT because Cryptocurrencies are booming and we need a professionals like them.

[entrepmind23]

Blockchain technology is an additional sector in the IT industry so it is a big leap forward because it provides more opportunity to the IT professionals. This technology is just evolving so later on there would be more demand to the IT professionals specializing in blockchain technology. In fact, there are already schools/universities who are offering courses related to it. Some may be doubtful about cryptocurrency because they cannot comprehend it but sooner or later they too should embrace it if all the industries would be able to see how it would be of help to their businesses.

It doesn't only provide opportunities to the IT professionals as well but to all people who are willing to be involved in blockchain technology such as those working in human resources because more jobs are needed as a new sector is emerging. Every day there are new ICOs and if these ICOs are successful then they would need people to work for the projects which means new job opportunities in various fields.

[RACallanta]

it got a lot of changes because some popular IT is more on hardware and software and they dont know the cryptocurrency '' how to do crypto and what is the benefits of  reading whitepaper.'' and because of the cryptocurrency the knowledge of an IT is gaining about cryptoworld. take note i am also IT. hehehe

[roadwell890]

with Blockchain technology, I think all exchange systems will become more secure
so mass adoption for all technology industries on Blockchain and Cryptocurrency technology will be the best synergy

[phd2d]

IT industry created blockchain, crypto. Thereforce, it's will be change crypto more and more.

[MainIbem]

Most seaming fortified sites have been hacked in this era of cryptocurrency making IT security developers go back to the drawing board.

For real, cryptocurrency is changing the IT world.

[alyssa85]

Cryptocurrencies made big changes in terms of the development of software technology. Also, They give a lot of opportunities to earn money easily with your intelligence. I think, It will continue to have deep impacts in our lifes in the future.

In 2013 to 2015 Silicon Valley poured loads of money into bitcoin support start-ups - these start-ups were meant to provide the infrastructure around bitcoin. And most of them came to nothing. Only Coinbase survived. Bitpay is still around but is wounded from losing customers due to bitcoin's fee problem last year. The rest have crashed and burned.

I wonder what this iteration of Silicon Valley interest will bring. Because you can't take advantage of blockchain tech without a coin. It's the sending and spending of coins that makes it worthwhile for miners to maintain the blockchain. Without a coin (whether bitcoin or something else), the whole thing falls apart because there is no incentive to mine.

[Shrinath]

The evolution of Blockchain technology has taken the internet by storm. Not only has it become the core mechanism of many crypto currencies, it has called the attention of the business sector because its potential for use extends far beyond the confines of crypto currencies. Blockchain related technologies are promising both for business and governments, but their legal status is still evolving across the world. The main promise of Blockchain lies with it being fully decentralized. No one can tamper with completed transactions, and even if someone tries to make up some “fake” transactions, none of the validators will approve them. The next step in Blockchain growth could be smart contracts, which offer many benefits to the financial services industry. However, Blockchain is going to change the way businesses are managed, how legal transactions are handled, how people can buy and sell commodities and services. We will also see the creation of industry-specific foundations that will release coins and that will be participated by Microsoft, Fujitsy, USBank, Deutsche Telekom, and other big players that are already moving their first steps in this field.

[colmenajose]

It can be said that cryptocurrencies are forcing the IT industry to improve more quickly, all in order to improve the quality of life of the population.

[millgates]

Bitcoin itself is very great invention in IT world. Many fintech industries are very loves bitcoin. It can makes them earn more profit than usual. Usually they use bank service that charge high enough cost to manage their transactions. But with cryptocurrency then they can decrease that cost and increase their profit. IT industry now have very good way for transactions by cryptocurrency.

[darrly]

You are right. As the community of cryptocurrency holders grow, more and more people would want additional security for what they hold. Since cryptos are digital currencies, IT and other computer-related expertise will also grow. Developing applications and Softwares that will add another layer of security will be the new hype as more and more people enter the market. But cryptos are still developing and we do not have the full grasp of what changes it would bring to us in the foreseeable future so I think it's not just the IT industry will benefit from this new trend, i think.

[dejames]

Not only is it changing the IT industry, but the financial industry and how the world does transactions as well. It is beneficial breakthrough in technology.

[Crytptomeniac]

Blockchain technology has been a revolution in the internet. the technology not only promises fast transactions at a cheaper cost, but also guarantees top security for private data. its even thought that IT corporations can end up modifying the blockchain technology to roll out their payments.

[timikulit]

Do you have any idea what is the programming language needed to learn the blockchain technology. ? im really interested to learn creating new smart contract and deploy them