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Monday, October 18, 2021
Home News Computer Associates Predict Blockchain Will Transform Tech Sector in 2016

Computer Associates Predict Blockchain Will Transform Tech Sector in 2016

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.

Richard Kasteleinhttps://www.the-blockchain.com
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, the Netherlands where he has set down his anchor to raise a family and write. Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications. Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.
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