Categories: Blockchain

Juniper Research predicts big FinTech things for blockchain tech

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The coming year will see a significant expansion in the deployment of decentralised apps (Dapps), Juniper Research predicts. Utilising blockchain as their underlying technology, these will create an innovative open source software ecosystem, both secure and easy to develop for.

Research author Lauren Foye comments: “Dapps will pool resources across numerous machines globally, harnessing the power of thousands of idle computers. The results are applications which do not belong to a sole entity; rather are community driven”.

Whilst the requirement to use crypto-based tokens as payment could be seen as a barrier, the desire for a secure, recorded series of processes will drive adoption, with users willing to spend for the benefit and peace of mind.

Scott Thompson

Scott has been working in technology and business journalism for nearly 20 years, with a focus on FinTech, retail, payments and disruptive technology. He has been Editor of such titles as FStech, Retail Systems and IBS Journal and also contributed to the likes of Retail Technology Innovation Hub, PaymentEye, bobsguide, Essential Retail, Open Banking Hub, TechHQ and Internet of Business.