What do you think is future of Blockchain technology? Where do you see this in next 8-10 years?
Extraordinary questions are difficult to answer. This blockchain is the technology behind Bitcoin. The ability of blockchain in eliminating third parties thus creating a fast, easy and inexpensive transaction process is the reason for the increasing market demand for this technology in addition to the security factor in online transactions. Accenture's research notes blockchain technology can reduce infrastructure costs by 30 percent in eight of the world's top 10 investment banks, or about $ 8 billion to $ 12 billion of annual fees in the bank.