15 Predictions of Blockchain Technology by 2022

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15 PREDICTIONS OF BLOCKCHAIN TECHNOLOGY BY 2022
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1. Blockchain Will Become
Significant for the Healthcare Sector
Consent is taken for each processor for each
visit in the healthcare sector. This consent is
local to every provider, not at the patients
level for all care sites throughout the
patients lifetime. 2. Micropayment Migration
to Blockchain Blockchain development services
are doing well in the medical field, and
wellness apps development is another proof.
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3. Finance and Economy will Lead Blockchain Apps

• Unlike other sectors and businesses, the finance
  and banking industry doesnt require a complete
  transformation to their procedures for applying
  Blockchain technology.
• 4. Blockchain in Identity Management
• Identity theft is one of the most current facing

The blockchain advancement provides high-
issues everyone is dealing with.
quality solutions for major chunks to store data
in encrypted data.
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5. Blockchain into Government Agencies
Blockchain development services are very
attractive for government authorities as they
have to administrate data in huge quantities.
6. Blockchain Integration with IoT
According to the IDC corporation), various
(international IoT firms execution in
data adopt their
Blockchain technologys advanced IoT solutions.
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7. High-demand of Blockchain Developers
Hire dedicated developers India is at the top
of its popularity as there is a huge demand for
developers from India, specifically Blockchain
developers.
8. Failure of Blockchain Startups After the
successful adoption of Blockchain, there was an
increase in Blockchain startups. But this
technology is still immature, so we can say that
all these startups are a waste of money and time.
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9. Law Combined with Smart Contracts
Blockchain development services are providing us
an extra benefit called smart contracts. It is
used for automatic execution while conditions
are fulfilled.
10. The Arrival of National Cryptocurrencies It
is the right time when Governments have to know
the advantages provided by Blockchain- derived
currencies.
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11. Blockchain in Banking Finance
Blockchain Technologies are giving great
instances to innovate in almost every field and
banking and finance industry can be the count
as the leading sector for the economy. 12.
Blockchain in Gaming While the craze of the
gaming industry is increasing the demand for
more enthralling games are increasing. While
gaming is entered in almost every field,
blockchain has also changed the passage of
innovation in this lucrative gaming industry.
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13. Blockchain in E-commerce
It can be said that right now, the e- commerce
industry is one of the most used platforms that
every millennial is using, blockchain is
entering the eCommerce business with
unparalleled potential.
14. Blockchain in Insurance
Insurance is
gaining a buzz with each
passing day, and eventually, people are taking
interest in insurance and health policies to
secure their better future.
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15. Blockchain in Voting
Usually, voting requires a secure portal that
keeps the voting ballot result safe. With the
great implementation of blockchain-based
application, people are able to get full security
while keeping the faith of 100 percent
transparency of their votes. These innovations
somewhat decrease the total cost of hosting the
nation-wide elections.
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