For projects based on technological blockade, the world community and investors are paying close attention. Bitcoin is a crypto currency, based on works that are also blocked by blocking technology. It brings the creators and investors an unprecedented advantage.
The world has frozen to anticipate new, more advanced ways or means that you can use to make good money. Currently, the most popular are the five projects created using blocking technology: Ethereum,Aragon, NEM, Ripple, Sia. Let's think about it in more detail.
Smart contracts and their prospects
Ethereum - the project is mostly similar to Bitcoin (cryptocurrency ethereum is the second largest value on the market after Bitcoins), but in fact it is a wider possibility. Currently, developers see the prospect of developing their children in working with "smart contracts". Indeed, smart contracts make it easy for users to work: they no longer need to think about the whole chain implementation, just enough to make your own customizations
It means simplifying routine work
Aragon - created by developers to simplify the activities of entrepreneurs and not only. The creators ensure that customers, using Aragon, will be able to simplify the work with paper and bureaucratic procedures. It seems that investors see this as a perspective, because in the first 15 minutes the developers have raised more than $ 25 million for project development.
Block technology in the service of financial structure
NEM is a direct competitor to Ethereum. True, the developers pay more attention to work on the transfer transaction speed. Therefore, this project is already interested in the financial structure and the largest banks.
Ripple is a NEM competitor in the financial sector. The main task of this project is to reduce transaction costs and increase the speed of money transfer. Several banks, including Abu Dhabi national banks, have participated in this project. Also known about the participation of Mitshubishi UFC.
Data storage with blocking technology
Sia - the most anticipated project. Many people use cloud storage like Yandex.Disk or Google Drive. Now with the development and implementation of technology-block developers deliver cloud storage that complies with all project blockbuster conditions: it is decentralized, available on multiple devices, and ensures the security of data storage.
New information technology is moving forward rapidly. These five projects are just the beginning of development based on blockbuster. Experts predict technology for a great future, because the application is universal.
