Is Blockchain Space Already Crammed With Digital Assets?

IoT / Blockchain expo at Olympia, London just got over and it attracted a record 14k+ visitors this year. It comes as no surprise for most of us, given the location of the expo, but what’s more fascinating was how the New Gen Tech world adopted this new wave of technologies and trying to get their best out of it. It was information overloaded in the last 2 days, to say the least, but did it all make sense?! 

Blockchain Boom is in its prime!

Our goal as we walked into the exhibition hall located in the riverside district, Hammersmith was to obtain insight on both the technologies. But Blockchain not only gained the majority of our time & focus but also max number of exhibiting spaces. One exhibitor who I spoke to told me that it was exact opposite scenario last year where IoT had strong foothold compared to Blockchain and AI (Artificial Intelligence). So, that adequately sums up the far and wide reach Blockchain have had in the last 1 year. Some of the estimates few exhibitors shared on where this technology will be by 2020 were mind-boggling and from what they’ve said its just the beginning!

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Mavels is a Technology Avenue aimed at the technologists and tech enthusiasts and is created with one great intention at heart and that is to discuss and share the bells and whistles of current trends. Our labour of love in the Tech arena includes Cloud computing, 5G, IoT, Blockchain and digital marketing and we hope to discuss the technology whatever it may be in its core and also, keep abreast on the latest happenings.

There are thousands of such blogs already existing in the cyberspace and we are glad to be part of the crowd. Having said that, how we can stand out from the crowd is still a million dollar question for us and only time will tell how far this journey can go. But our main objective is to attract the like-minded people to this page where we strive to collate the big ideas and shrink them in an easy to read article. Sounds interesting, ain’t it?!

New Technologies are invented at a rapid pace and every new technology paves the way for tens of thousands of applications at the mercy of creative minds. Blockchain is one such technology happened in this decade that has taken the world by storm and has had every technologist to talk about it. Thanks to one of its first applications, Cryptocurrency that introduced the legendary Bitcoin! Yet, Bitcoin is already a thing of past and it appears people have finally stopped buying them? Miners are a different story though. Every industry wants to create their own cryptocurrency and take it out to the world.


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