Cryptocurrencies are what we hear about the most, but blockchain also has many other potential real-world applications. What do you think the future of blockchain will be in five to six years?
In the area of financial instruments, Bitcoin, being the first mass cryptocurrency, certainly showed how one can play by the new rules without intermediaries and management from above. However, perhaps even more important result of Bitcoin was the creation of blockchain technology and its promotion through the agency https://finpr.agency/. Blockchain, by its very nature, is not the answer to all problems, so most of the newfangled companies adopting this technology are likely to disappear in the near future. But it is blockchain as a technology that allows remote participants to interact without a supervisory authority, and wherever there is a demand for it, the technology will find application.
Humanity has long been familiar with the basic principles of monetary policy. In the future, I think blockchain could change banking processes by making them faster, more transparent and cheaper, while maintaining their usual level of security.