Computer Associates Predict Blockchain Will Transform Tech Sector in 2016

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In a post coined Five Technology Predictions for 2016, Otto Berkes, the Chief Technology Officer (CTO) at Computer Associates (CA) predicts blockchain technology will be the surprise player in 2016 saying that it will, “…find a home outside of the Bitcoin transaction ledger.”

The surprise of 2016 will be the resurgence of blockchain technology and its refinement to where it can truly find a home outside of the Bitcoin transaction ledger.

Blockchain was a key word in many startups two years ago and it’s poised for renewal when you look at the predicted increase in IoT and the need to engage securely among devices and have a record of those engagements.

A technology, like blockchain, that relies on a network of computers and has privacy at its core will be an important enabler of IoT and any organization’s digital transformation as it further streamlines operations for greater agility and customer responsiveness.

Blockchain will have to overcome its “guilt by association” with the Bitcoin problems, but the capability exists for it to become the storage of choice for sensors and IoT in general.

About Richard Kastelein

Founder, Publisher and Editor in Chief of Blockchain News and co-founder and director at Blockchain Partners in London/Amsterdam/NYC, Richard Kastelein is also an advisor with a number Blockchain startups doing ICOs including DECENT.ch, Inchain, Humaniq, Chronobank, eGaas and others.

He is regarded as one of the top journalists by the Blockchain and fintech communities – as is evident by his entry in the Top 150 Fintech journalists online and in the top 10 of the Blockchain Top 100 List. As a prominent keynote presenter, he has spoken on Blockchain at events in Gdansk, Amsterdam, Minsk, Dubai, Antwerp, Eindhoven etc, where he helped spread the cause for Blockchain technology and crypto-currency and, consequently, has built a notable network inthe scene.

In 2013, the European Commission appointed him as an expert for overseeing financing for emerging startups as a part of the European Commission’s 90 billion euro Horizon 2020 project, created in Brussels to promote innovation as a driving force of job creation and business ventures across Europe. He has also worked as an external expert for Innovate UK since 2012, judging startups for the UK government.

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