Everything about blockchain technology will definitely be embrace by all sundry and even government will have no options than key in. From banking and secure communications to healthcare and ride-sharing, blockchain will have a huge impact on our future.
Now, society today is filled with uncertainty and trust issues, and with valid reason. To be sure your purchase is really helping a coffee bean farmer in Ethiopia or that your date is actually who they say they are, you’d need a system with strong security where records are stored and facts are verified by many witnesses so that no one could cheat it.
This is called blockchain. No central person or company owns it. Rather, information is stored across a system of many personal computers so that there is no middleman. It’s decentralized and distributed so that no one person can take it down or corrupt it. However, anyone can use the system and help run it, as information is protected through cryptography.
I think blockchain will always continue to improve and not dwindle.