With things now moving so fast, keeping up with changing trends isn’t always easy. Movements that look like they’re going to be the next big thing one minute can fall flat the next, while slow burning technologies can gradually come to dominate when most people are looking the other way. So far, 2018 has been incredibly exciting for developers. And with the rest of the year set to be no different, we thought now would be a good time to take a look at some of the top trends in the industry.
While some trends come and go without leaving much of a mark, blockchain is set to have a huge impact on all things digital for years to come. Just two years ago, the global blockchain market was worth $210 million. Today it’s worth an estimated $548 million and by 2021 it’s predicted that the blockchain market will be worth a staggering $2.3 billion.
Blockchain is primarily known for its role in the rise of cryptocurrencies. Although still heavily used in this area of fintech, the technology has rapidly branched out and is now used to manage a wide range of online transactions.
The technology has so many potential applications developers are still working out exactly what it’s capable of. However it’s safe to say that, in just a few years time, a large amount of online activity, especially in the fintech industry, will be built on blockchain. As a result, developers working in fintech are likely to have to master blockchain technology if they want to produce digital products that are relevant in the coming years.