The Adoption Of Blockchain is likely to grow in 2021

Driipaofficial
3 min readJun 2, 2021

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The Future of Blockchain Technology 2021

Blockchain is one of the most popular technologies on earth right now. Blockchain technologies has the potential to drive major changes and create new opportunities across all industries — from banking and cybersecurity to intellectual property and healthcare.

But we should also know that, not everyone agrees to this great innovation and agrees on what role blockchain should and will play in the future. What is blockchain, and what impact will it have on cryptocurrency users and business ?

How Blockchain Works

A blockchain is a decentralized database — an electronically distributed ledger or list of records that is accessible to various users. Blockchains use cryptography to log, process, and verify every transaction, making them secure, permanent, and transparent.

  • Permission-less, which anyone can join
  • Permissioned, which requires participants to be authenticated by the person or group managing it (this category is further divided into private and community blockchain networks).

DriipChain has structured a blueprint to unite both categories,by creating the third category “ hybrid blockchain”.

Who is Using Blockchain Already
Bitcoin is the most well-known example of blockchain technology, but it is joined by a growing number of early adopters. For example, Google, Goldman Sachs, Visa, and Deloitte are investing in blockchain projects. And businesses working on blockchain based services include:

  • Spotify, to manage copyrights
  • IBM, to build a tracking tool for shipping companies and retail chains
  • Eastman Kodak, to create storage for stock photos.

According to research we found that 5 Years ago, cryptocurrencies have gotten massive increase, i can call it turbo boost,

1BTC WAS $526.23
1ETH WAS $12.35
1 LTC WAS $4.61
1 XRP WAS $0.005662
1 DOGE WAS $0.0002379

What will happen to 1 DRP which is currently at $0.005 in next 5 Years? how would you love to get 10000x of your investment?

Blockchain is an emerging technology, so predictions are still mixed about its potential.

In a TechRepublic Research study, 70% of professionals who responded said they hadn’t used blockchain. But 64% of said that they expect blockchain to affect their industry in some way, and most predict a positive result.

A recent Trend Insight Report from analyst firm Gartner made the following forecast:

— Through 2022, only 10% of enterprises will achieve any radical transformation by using blockchain.

— By 2022, at least one innovative business built on blockchain technology will be worth $10 billion.

— By 2026, the business value added by blockchain will grow to just over $360 billion, then by 2030 grow to more than $3.1 trillion.

Cyber Security is one of the most promising areas of projected growth for blockchain technology.

An ongoing challenge for businesses of all sizes is data tampering.

Blockchain technology can be used to prevent tampering, keeping data secure and allowing participants to verify a file’s authenticity.

That’s what DriipChain is working on.

ARE YOU READY TO BUILD THIS FUTURE WITH US?

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Driipaofficial
Driipaofficial

Written by Driipaofficial

Creating a social decentralized network

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