What will happen with Blockchain technology in the next 50 years?
Although for digital assets generated from Blockchain technology like Bitcoin and other coins, it is difficult to predict future due to their highly-volatile nature but Blockchain Technology individually is a horse of long-run.
Best sector where we can see Blockchain grooming is Banking. Few banks already adapted blockchain in their operations. Recently India's Central Bank is planning to launch financial model based on Blockchain. It is most economical technology when it comes to data remittance or transfers. Along with that, it can also be used to launch Bank-oriented Cryptocurrencies. Banks can offer their cryptocurrencies to users and it can upcome as new form of bank deposits. Also Banks can use them as security for taking loans from different sources.
(Are you thinking of E-Coin from Mr. Robot, no I am not talking about that.
)I agree with you mate. Althought the new generation are prefer to use the new trend cypto market. The problem is those first generation that come , that also find difficulty in adapting the blockchain technology. We know that online transaction are now, launching different feature and it is more convinient. That's what makes the crypto industry or bitcoin market more popular because it has a lot of feature doing online transaction.