Photo by Austin Distel on UnsplashBlockchain technology is on the rise in recent years. Branching out from cryptocurrency, blockchain has seen multiple ups and downs in the past years.Regardless of the fact that the popularity and value of blockchain took a nosedive in the past year, this year will definitely some really important developments in this field.Emerging Blockchain Trends for 2021Here are a few important trends that will influence the blockchain industry in 20211. More SecurityOne of the key problem areas with blockchain is the ambiguity as transactions cannot be attributed to a single entity or a server. This year will see more regulations and security implementations in the field of blockchain technology. A lot of blockchain consulting services have also come up that help organizations develop secure, digital-fraud free blockchain solutions.2. Fintech and BlockchainRecently, a lot of start-ups have emerged in the fintech market that dabbles with blockchain and banking. And since blockchain is an open platform that cannot be regulated by a single entity, many start-ups are looking to maximize economic inclusivity of communities by banking the \u2018unbankable\u2019 through blockchain and cryptocurrency. Along with this, blockchain trading platforms like the ICE-based Bakkt have also paved the way for mainstream blockchain trading.3. Combining Blockchain with IoTIt is indeed the Internet of Things era. Hence, there is no surprise that blockchain is eventually leading towards amalgamating with IoT. Developers are looking to optimize IoT devices through blockchain with digital transactions being faster and more secure, developing platforms by seeking blockchain consulting from well-established blockchain consulting companies. It is a matter of time as to how blockchain companies will dabble with said IoT devices.4. More Investment OpportunitiesWith the developments in Blockchain, the technology has attracted major players such as Walmart and Amazon. Companies, big and small, are now looking to invest\u2026<\/p>","protected":false},"excerpt":{"rendered":"
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