IT’s role within the enterprise will continue to evolve in 2018, as core systems continue to digitally transform and new technologies build upon existing ones, according to Deloitte’s annual Tech Trends report, published Wednesday.
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The tech sector is looking at new uses for blockchain, and information security is one area that holds promise. Bitcoin, Ethereum, and other cryptocurrencies are making their way from the dark alleys of SilkRoad and AlphaBay into the mainstream.
Suddenly, investing in these digital currencies has become something of a fad, with hedge fundsand Wall Street pundits getting on board.
As someone who works in IT and sees both the behavior of customers and platforms, there is a clear trend — though anecdotal — of more interest over both new cryptocurrencies and consequently, matters that relate to safety and privacy.
While digital currencies may provide a new and substantial investment vehicle, the greater revolution may not be through Bitcoin, but through the blockchain technology upon which it is built. Suddenly blockchain is being suggested as a solution for everything from farming to climate change, and from real estate to VR content marketing.
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The Internet of Things is a fascinating concept that has occupied our minds for decades, only this time around, it’s a reality. IoT opens up a world of possibilities. The benefits are obvious….
…While that is all great, the problem with IoT is that it’s a centralized system, meaning that all devices are connected online inside the cloud. But such communication is far from optimal in case they are only a few feet apart, which is often the case with household electronics. And there is also the fact that, as the IoT becomes more present, it requires a much larger and more complex infrastructure, which will drive the price up, according to Mitch Bailey, who is the head of IT for Assignment Masters. He also points out that the solution might lie within blockchain, which is what Bitcoin relies on today.
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Just three years ago, in 2014, I wrote a little short story set in a future where most work is organized around blockchains. That story was set sometime past the 2120s, but it appears we’ll get there a century earlier than I thought.
The idea of organizing work through smart contracts on blockchains has been moving ahead at a breathtaking pace.
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