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Blockchain Trilogy - Parts I, 2 & 3 + Easter Egg - By TrendFollower

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This article touches on security tokens. I have mentioned this in other posts and some of you may remember my references to 'Token Economy', 'Tokenisation' and 'Tokenomics'. If one opens their mind then one may begin to appreciate the strong possibility of this which could be coming towards a future very soon. 

‘Blockchain Revolution’ Is Bigger Than Anything We’ve Seen in History: Overstock CEO

https://www.ccn.com/blockchain-revolution-is-bigger-than-anything-weve-seen-in-history-overstock-ceo/

 

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@cryptotrader,

I assume you mean 'Proof of Work' when you state POW?

The World Economic Forum have no vested interest as far as I am aware trying to promote Blockchain.

The World Trade Organisation (WTO) are making some interesting predications and yes that is all they are predictions which should not necessarily mean they will come true but the article presents them below.

Blockchain will add US$3tn to international trade by 2030, predicts WTO

https://www.gtreview.com/news/fintech/blockchain-will-add-us3tn-to-international-trade-by-2030-predicts-wto/

I have commented on other threads about the 'Token Economy', 'Tokenomics' and 'Tokenisation'. The article below is happening. 

Potential $20M Real Estate Sale Looks To The Blockchain

https://www.pymnts.com/blockchain/2018/real-estate-sale-digital-payments-the-hub/

I think Blockchain is still gaining traction regardless of the 'noise' surrounding the price action of Bitcoin and other Cryptocurrencies. They are just merely behaving in major correction mode. This has happened several times before since inception. It is nothing new but Blockchain is continuing to progress. I accept the adoption is slow but large corporations are seriously looking to apply Blockchain technologies to their businesses. 

Time will tell but based on the reading and research I have conducted in this area I am confident that Blockchain is here to stay and is the coming future. There will be many areas where it is not needed and therefore not applied but for auditing purposes, supply chain purposes and transaction purposes it is already starting to gain momentum. 

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I wanted to share something rather positive in my personal opinion in relation to Blockchain with the IG Community. 

This was announced a couple of days ago to the market and media but could be just the beginning. 

Invesco launches blockchain ETF

https://www.ftadviser.com/investments/2019/03/11/invesco-launches-blockchain-etf/

Invesco partners with Elwood AM for blockchain ETF launch

https://www.investmentweek.co.uk/investment-week/news/3072340/invesco-partners-with-elwood-am-for-blockchain-etf-launch

The article below was published last week.

Invesco blockchain ETF to launch on London Stock Exchange

https://www.ft.com/content/70ced539-40e5-339f-9cbb-eae29f76e458

There are other Blockchain ETF's available around the world so this is not the first one by any means. Invesco is a heavyweight and listing on the London Stock Exchange adds to the credibility. 

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A lot of you will be aware that I am both very interested in the Blockchain sector and I also invest in it. 

I though this survey from PwC may be of interest to some of you who also have the same appreciation of the technology as I do. However, I think it may also be interesting to those who have serious reservations and doubts about the technology. 

Blockchain is here. What’s your next move?

https://www.pwc.com/gx/en/issues/blockchain/blockchain-in-business.html

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As I am from the UK, this article which I came across today but was released yesterday is rather interesting. It is also encouraging that the UK Parliament are taking looking into Blockchain applications seriously. 

UK Parliament Presented Showcase of Real-World Blockchain Applications

https://www.coindesk.com/uk-parliament-presented-showcase-of-real-world-blockchain-applications

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Accountancy has been touted as one of the areas which could benefit from the use of Blockchain technology. 

The article below supports this point though I am sure there will be articles that do not. 

How will blockchain and automation change accountancy forever?

https://www.accountancyage.com/2019/03/25/how-will-blockchain-and-automation-change-accountancy-forever/

The key is to see real life applications for Blockchain. There are a lot of exciting projects in this area and the potential is there. The challenge is to see which of these real life projects can deliver some meaningful execution. Which can apply itself to real life problems and most of all solve them or deal with the issues more effectively. 

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There was a lot of people within the IG Community who felt that Blockchain was just a fad and there were no real life problems which it could solve and it would just fade away. Blockchain is still here and is gaining more and more traction. Yes the uptake is very slow but it is still here and getting stronger with tokenisation coming to the fore. 

Below is a rather interesting section from Goldman Sachs - Blockchain: The New Technology of Trust

https://www.goldmansachs.com/insights/pages/blockchain/

It is not just Goldman Sachs but IBM, Facebook, Amazon, etc. They are all focussing on Blockchain and looking at ways to integrate it into their business. Once they do then the smaller companies will follow. This will take many years but there is going to be a lot of growth within the Blockchain sector in my personal opinion. 

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PayPal is now getting on the act when it comes to Blockchain. The article below may be of interest to some of you.

Paypal’s First Blockchain Bet: Digital Identity

https://www.ccn.com/paypals-first-blockchain-bet-digital-identity

Now when large institutions start getting involved in Blockchain like you PayPal's and IBM's then they are large enough to be able to drive it into the market and offer solutions to problems that many have not thought about or considered dealing with yet. 

Even during the Cryptocurrency mega downturn Blockchain was still gaining traction and this is evident in the large corporations starting to not only embrace the technology, better understand it but apply it to real businesses. This has the potential to be a huge market. 

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