Each year, Gartner ranks emerging technologies and places them along a Hype Cycle curve. The curve starts with an innovation trigger, followed by a peak of Inflated Expectations brought about by success and failure stories from early adopters. Naturally, this leads to a steep decline into the Trough of Disillusionment, the make-or-break point for producers of the technology — when iterations either catch on successfully or fail to deliver. Fret not, there is a gradual upswing through the Slope of Enlightenment, where the innovation becomes more understood and accepted in terms of realistic functionality, finally landing at the Plateau of Productivity. This is the sweet spot where paradigm-shifting technologies become socially adopted and broadly recognized.
This year, non-fungible tokens (NFTs) sit proudly at the Peak of Inflated Expectations; we know what’s coming next. But with the resilience of stable coins, the rebranding of Facebook to Meta and regulators finally paying attention to DeFi, we can safely assume that blockchain, in general, is heading up the Slope of Enlightenment.
Blockchain’s most obvious financial applications appear across lending, insurance, money transfers and audits, but there are emerging, powerful and often overlooked applications within the traditional investing space. Below, I outline three areas where blockchain is starting to make quiet waves in noisy capital markets.
Continue reading: https://www.forbes.com/sites/forbesfinancecouncil/2021/12/17/3-ways-blockchain-is-going-to-shake-up-traditional-investing/?sh=6e4835d76dee
This year, non-fungible tokens (NFTs) sit proudly at the Peak of Inflated Expectations; we know what’s coming next. But with the resilience of stable coins, the rebranding of Facebook to Meta and regulators finally paying attention to DeFi, we can safely assume that blockchain, in general, is heading up the Slope of Enlightenment.
Blockchain’s most obvious financial applications appear across lending, insurance, money transfers and audits, but there are emerging, powerful and often overlooked applications within the traditional investing space. Below, I outline three areas where blockchain is starting to make quiet waves in noisy capital markets.
Continue reading: https://www.forbes.com/sites/forbesfinancecouncil/2021/12/17/3-ways-blockchain-is-going-to-shake-up-traditional-investing/?sh=6e4835d76dee
