What is the value of a decentralised future? According to RBC Capital Markets, it could potentially be a multi-trillion dollar opportunity. The opportunity offered by the technology, and its constant updates, are vast. This piece outlines the bull case for building a decentralised future and the number of scenarios it could lead too. These include:

1 )A Secure World Computer: a decentralised world computer without a third-party intermediary. If there is one positive technology item that can be agreed on, it is that the Blockchain has never been hacked.
2) Store of Value: this is the most commonly cited use case for crypto currencies and the least interesting, in the view of RBC: offshore accounts valued at an estimated ~$21 trillion and gold at $8 trillion.
3) International Remittance: the sending of payments overseas estimated at half a trillion dollars per year.
4) “Fat Protocols”:  the ability to own the protocol layer which increases in value as the applications grow
5) Mining: computing power being used to secure the network through Proof-of-Work which is currently a multi-billion dollar market
6) Improved scaling: development efforts (including Lightning Network) appear on track to deliver scaling that accommodates higher transactions/second, ultimately driving higher utility and network value.

This paper looks at the benefits of a decentralised future, as well as the risks and uncertainties surrounding its underlying technology. One of the biggest positives of a decentralised future is the fact there is no central point of failure and the technology is highly scalable. What impact will it have on the future? Read on to find out.