BLOCKCHAIN IN THE FUTURE

[bestBTCdomains]

Lets get a High IQ thread going here.

What will blockchain look like in 2030? What will have failed? What will still be in existence? What portion of govs will utilize the blockchain? What things do you think will happen that might surprise us?

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[mk4]

1. 90% of current existing projects would be dead or almost dead; though new projects would come up
2. The government probably already bent the knee to bitcoin
3. Bitcoin will still be the dominant cryptocurrency
4. Lightning Network would already be used commonly

[pooya87]

don't confuse "blockchain" with "cryptocurrency". blockchain is simply a "chain of blocks" and it will continue to look exactly the same. there will be blocks that will be "linked" together, one after another line a chain using some cryptography function which is usually a 256-bit hash function.
that is the cryptocurrencies that are using that chain like a database and keep on changing. it is not possible to predict how they will look like because you are asking us to predict what innovation is going to happen, if we could predict the "innovation" then we would have innovated it ourselves!

[Artemis3]

Lets get a High IQ thread going here.

What will blockchain look like in 2030? What will have failed? What will still be in existence? What portion of govs will utilize the blockchain? What things do you think will happen that might surprise us?

Its only 11 years into the future. Bitcoin will be there, make no mistake. A few projects here and there would be using a blockchain and perhaps decentralized nodes for things not coin, like maybe an ID system or such.

Surprise?, I don't know. I think someone will make a quantum crypto algo coin at some point if at least in theory as most quantum computing programs currently are. Perhaps some country officially adopting bitcoin as parallel currency? That would be great.

[joniboini]

What will blockchain look like in 2030? What will have failed? What will still be in existence? What portion of govs will utilize the blockchain? What things do you think will happen that might surprise us?

There's no way you can know what exactly will happen in 11 years even if you have 1000 IQ. Data is simply not enough to judge how the future looks like so at best guess you can 'imagine' the next 5 years or so.

Your question has now become more or less 'what do you think will happen' that will likely be answered by 'i think blabablabla' posts.

[jossiel]

What will blockchain look like in 2030?

No one knows but it's either there will be a new technology that will come up and it's going to be the upgrade of blockchain. Otherwise, blockchain shall remain as it is right now.

What will have failed?

Projects that are not serious with its adoption and use.

What will still be in existence?

Bitcoin would be and those private companies that finds big use for the tech.

What portion of govs will utilize the blockchain?

I think voting?

What things do you think will happen that might surprise us?

Most gov't starts giving privilege and talks about blockchain and bitcoin.

[mrvuit]

First, the "Blockchain" is not the same "Bitcoin", there is no guarantee for Bitcoin tomorrow.
But for Blockchain, there have been many blockchain applications in health, transportation, and education being deployed.
I think if there is a change to the Blockchain, it will be an upgrade.

[Patentico]

Many sectors in industry will fully integrate blockchain technology into their businesses, some of the industries include automotive, banking & financial, government, healthcare, insurance, media & entertainment, retail & consumer goods, travel & transportation, intellectual property. The government will widely use blockchain technology for various applications such as voting & there will be a blockchain identity management system in place which will help protect people's privacy & information.

[YuginKadoya]

What will blockchain look like in 2030?

Blockchain will still be the same in my opinion in 2030, I guess there isn't much change with the technology of Blockchain there might be other business and companies that are using it by that time but it will still be Blockchain.

What will have failed?

I guess the future is very great while many companies and amenities will be using this technology If that certain thing failed then they are doing it wrong.

What will still be in existence?

Mankind will still be in existence, And people that are supporting Blockchain will surely boom and the demand for this technology and all running in it will be in demand I guess.

What portion of govs will utilize the blockchain?

I guess many establishments will be powered by Blockchain if not then it will have a not so convenient operation, than the ones that uses Blockchain, if the government would utilize it I guess it will be used in different aspect of the community that is keeping tabs of their records, Like Schools, Banks, Tax Collecting, In Election, and a lot more governmental facility we might think of.

What things do you think will happen that might surprise us?

I think the one that might surprise me most in the future is Blockchain can be used in Self Driving Automobile and if it can be implemented in the future, And pretty much the GPS function that you can locate your car in where you might park it probably.

[carter34]

In 2030 or before even then, technical advancement will increase very well and blockchain won't be left out. Blockchain is a modern codifying technology, cars, aeroplanes, ships and bigger technological gadgets and industries will require it. If you have a coin that is not worth much today, you might reconsider not dumping, some projects and teams might reawaken up again and that means boom for your now shit coins.

[bestBTCdomains]

Lets get a High IQ thread going here.

What will blockchain look like in 2030? What will have failed? What will still be in existence? What portion of govs will utilize the blockchain? What things do you think will happen that might surprise us?

Thanks for the great thread so far guys.

I guess I'll throw in some ideas...

Bitcoin Ethereum and Chainlink will be the new FANG, with maybe a few others that haven’t been created yet. Bitcoin will still be #1 in all ways is the de facto global currency, can scale, and will at least be 6 figures by 2030.  AI completely controls bitcoin mining at this point, which is completely autonomous.

Most all governments will use blockchain for records; hospitals too. Everyone’s social security number will be tied to a unique string ( maybe it's required / maybe it's without consent of citizens) and all info about said individual will be logged on the blockchain with their own personal file.

Bitcoin will be hoarded and millennial will use 2nd tier crypto’s (like Litecoin , Nano for example) to pay each other . The stock market as we know it today will be completely transformed and most people around the world can invest in any project like we they did with crypto in 2019.

People in the future now can send crypto simply by “bumping” or tapping each other’s phones together. Can also send via chip implants , emails; or through artificial digital assistants.  Oh and yeah, we have flying cars.

[avikz]

1. What will blockchain look like in 2030?
Majority of the current industrial processes will be moving to private blockchains which will make it more efficient and transparent. Regulatory reporting and compliance will become an easy task for the entrepreneurs. Wealth distribution among masses will become more effective and transparent.

2. What will have failed?
The conventional banking system who are known to have ripped off the commkn mass since decades. A more transparent global banking system will be formed with the help of blockchain.

3. What portion of govs will utilize the blockchain?
In data intensive sectors like land records, tax information, industry production data, population and rehabilitation departments will probably see an overhaul in their operations.

But I don't see much hopes for corrupted countries like N. Korea, India, Pakistan and some other African countries. They will probably reject blockchain and as a result, their financial backbones will become weak and poverty rates will rise.

4. What things do you think will happen that might surprise us?
The probable transformation of quality human life in positive direction.

[Lapatai]

In my opinion, blockchain will be used almost in every company and everyday use.
You can store data, contacts, clients, info and etc. to a blockchain.
It is safe, secure and has many ways to use, so I think that blockchain is invention of a decade.

[darklus123]

Lets get a High IQ thread going here.

What will blockchain look like in 2030? What will have failed? What will still be in existence? What portion of govs will utilize the blockchain? What things do you think will happen that might surprise us?

@pooya is right some of the post here thinks that blockchain and crypto is the same lol ( I wonder where was the high IQ you were actually talking about.

Going back to the topic.

We know how strong can the blockchain technology when it comes to keeping your data safe and this can be the main reason why it might grow even bigger in the future years.
2030 can be long enough for a massive blockchain growth being widely used mainly in the Database system in probably almost all tech companies around the world. This tech might also be a standard studies in most universities.

I cannot foresee this one tho, If how can it affect the crypto industry

[cipherhut]

Bright!!! Yes, blockchain has a bright future in crypto as well as other industries like, healthcare, finance and all. If blockchain used as a combination partner in AI and IoT then it will create havoc in the market.

[jerrison]

Lets get a High IQ thread going here.

What will blockchain look like in 2030? What will have failed? What will still be in existence? What portion of govs will utilize the blockchain? What things do you think will happen that might surprise us?

It is true that the future of Decentralised/Distributed Ledger systems lies within the Blockchain space. Hence, what Blockchain will look like in the near future is more robust and solutions to challenges in real life scenarios. What things will fail are systems that refused to embrace the technology and have a different approach towards the Ledger system that they utilize. The technological space will be rendering solutions to 60 to 75 percent of lifes day to day challenges usually encountered and experienced and Government will have no option but to fully turn to blockchain driven solutions.

[DoublerHunter]

Blockchain for sure will exist and the government probably use this technology. Innovation will continue on blockchain and it will help the economic growth and will help a lot of people through transparency services. I felt that from time to time the decentralized system will commonly use by a major aspect of all government company and bitcoin will lead as a great cryptocurrency alternate to fiat currency.

[todiboa]

I think that if one event happens, you can say that the blockchain future has come. This event is called elections, if it will be held using Blockchain, then we can consider this the beginning of a new era.

[zviadits]

The states that will improve the existing Bank system on the Blockchain will be able to minimize losses at times. But such a future applies only to democratic countries, others states will not implement blockchain, because this will completely deprive them of control and power

[Wazeer]

By 2030, there will certainly be more trillion-dollar symbols than there will certainly be trillion-dollar firms.

There is a race amongst the 4 most valued firms worldwide (based on stock exchange valuation) regarding which one will be the initial to reach one trillion bucks in worth. Apple, Amazon, Alphabet (Google), and Microsoft remain in a race to the "4-comma club."

These businesses are all representative of the new economic situation-- one that should maybe be called the no-longer-so-new economic climate. This new-ish economic climate is one based upon the decades-long shift to electronic company and also online links.

It is the Web economic climate or what blockchain supporters call "Internet 2.0" (preparing for the following era, the blockchain period, as "Internet 3.0").