Over the past 3 to 4 years, many giant companies alike have been developing their own interfaces and smart contracts. But in order for these efforts to really scale, there needs to be some sort of global standard, similar to the protocols that underpin the Internet.
Many countries in the world are surveying blockchain technology and those who have completed their survey said that it is the future technology and it will prevail in the world in the near future. It will hold the market and people will take benefits of this technology in the future. Cryptocurrency is one of the latest products of this technology which is growing every day.