Blockchain to reshape digital businesses by 2018, says report

Blockchain used with robotics, machine learning, artificial intelligence and virtual reality will reshape digital businesses and disruptive outcomes by 2018, according to a report by Dimension Data.

The report found companies that have not begun the digital investment cycle are at high risk of being disrupted, and the most popular trend coming this year is the adoption of Blockchain, and its immense potential to disrupt and transform the world of money, business, and society using a variety of applications.

Morgan Rockwell, CEO of Bitcoin Inc, listed on LinkedIn the companies that will accept Bitcoin by 2019: Airbnb, Amazon, Amtrak, AT&T, Costco Wholesale, Tesla, Google, Goldman Sachs, Greyhound Lines, FedEx & UPS, Lyft, PayPal, Hyperloop One, E*TRADE, Starbucks, Burger King Corporation, McDonald’s, T-Mobile, Uber, USPS OIG, Whole Foods Market, Waymo and Walmart.

Ettienne Reinecke, Dimension Data’s CTO, said: “Last year, when we looked at the top digital business trends for 2017, we predicted that centralised transaction models would come under attack.

“We were spot on. In the financial services sector, we’ve seen the US and European capital markets moving onto Blockchain platforms, and similar activity in markets such as Japan. Considering how conservative and compliance-focused this sector is, that’s quite remarkable.”

Written from press release by Leah Alger