Popularly known as ‘Distributed Ledger Technology’ for both financial and non-financial transactions, is one of the mystifying concepts that technologists could only understand to the fullest. Various advancements in blockchain have helped many people and more businesses in 2016, to experience its potential in banking and finance industry.
This year, it is anticipated that blockchain technology would go beyond just banking sector, helping the start-ups and established businesses to address the market needs with different application offerings. With the advent of IoT, we are already eyeing the world of inter-connected things, aren’t we? Our dreams of living in smart homes are met to a certain extent in 2016.