Home About Us Work Methodology Blog Portfolio Contact Us
Services
  • PHP Development
  • Laravel Development
  • CodeIgniter Development
  • Mean Development
  • Mobile & Web Testing
  • Frontend Development
  • Python Development
  • Ruby on Rails Development
  • IOT (Internet of things)
  • API Development
  • Wordpress Development
  • Application Maintenance
  • Cryptocurrency Development
  • Progressive Web Apps Development
Hire a Resource
  • Hire PHP Developer
  • Hire Laravel Developer
  • Hire Codeigniter Developer
  • Hire PWA Developer
  • Hire Frontend Developer
  • Hire IOT Developer
  • Hire QA Tester
  • Hire python Developer
  • Hire Ruby on Rails Developer
  • Hire Mean Developer
  • Hire wordpress developer
  • Hire API Developer
  • Hire Cryptocurrency Developer
Request a Quote  

What will be the market trends in Blockchain and Cryptocurrency technology in 2019?

December 6, 2018
Blockchain development

The cryptocurrency and blockchain industry is blooming at an outstanding speed. With the launch of first ever cryptocurrency in 2008 the whole industry has shown tremendous growth, and till now over 1.6k cryptocurrencies have been added to the list. 2018 showed up a glimpse of development, and as 2019 is on the verge of coming, it is expected that it could be the biggest year in the history of blockchain and cryptocurrency.

Currently, the size of the blockchain technology market worldwide is around 2.31 billion USD, and it is expected to continue the growth rate in 2019. Another important aspect is that our younger generation is embracing the cryptocurrency industry and so 4.68% of the millennial have jumped on the crypto bandwagon and 1.58% of GenZ have joined them.

Asian countries are becoming the most important hubs for cryptocurrencies and blockchains. Though, China is not the playing the lead role as the govt. isn’t in much favour, other countries like Japan, Thailand, South Korea and Singapore are accepting it wholeheartedly.

In future as well, these countries will continue to offer a pleasing environment for blockchain crypto-centric startups to settle.

Blockchain Development in 2019-

A recent survey conducted by the Global Agenda council of World Economic Forum says, 10% of global GDP may be stored with blockchain technology by 2027. The study surveyed 800 experts and majority of them believed in the bright future of the technology.

In 2017, numerous investors heard about Bitcoin for the first time that resulted in huge investments. So 2019 is expected to power up more blockchain based startups and businesses. But, it is not at all a walk in the park to find a good blockchain developer. There are still just a few companies providing worthy as well as affordable blockchain development services.

As the whole blockchain industry is continuing to evolve, it is also expected that 2019 will mark its name in the blockchain and cryptocurrency industry. People are predicting that blockchain development skills will likely be in high demand, more blockchain development companies may commence and also more companies may start to function on blockchains.

Cryptocurrency for Investments in 2019-

In December 2017 the price of Bitcoin crossed the mark of $20k which encouraged a lot of people to invest in it. A great future was then predicted, several assurances were made. But at the beginning of 2018, something else happened, the price dropped off to $7k. This caused many individuals as well as the investors panic. However, during the mid of 2018, Bitcoin again raised itself.

As the industry isn’t showing a steady graph, it is advised to start with a little for individuals and investors. However, cryptocurrencies can result in long-term benefits.

Final Words-

Although there are mixed opinions on the future of Cryptocurrency and Blockchains,a considerable part of industry experts still believe that it is the high time to invest in the industry.As highlighted above, hiring a blockchain developer is a difficult task. If you are looking for the best blockchain development services look nowhere else-we at ITExpertsIndya have a proven experience of working with various clients and delivering more than satisfactory results. Hire us and leave the rest on us!

Share

Related posts

eCommerce Development
March 16, 2023

E-Commerce in Codeigniter step-by-step guide from scratch


Read more
php programmer
March 16, 2023

PHP is still alive & will dominate the World of Web Development in 2023


Read more
hire laravel developer
January 31, 2021

Ever Wondered Why Laravel Is One Of The Most Used PHP Framework?


Read more

Recent Posts

  • eCommerce Development0
    E-Commerce in Codeigniter step-by-step guide from scratch
    March 16, 2023
  • php programmer0
    PHP is still alive & will dominate the World of Web Development in 2023
    March 16, 2023
  • hire laravel developer0
    Ever Wondered Why Laravel Is One Of The Most Used PHP Framework?
    January 31, 2021
  • php development0
    Why is PHP still so popular for web development in 2023?
    January 29, 2021
  • laravel development0
    7 Reasons Laravel Is The Best PHP Framework For New Business Websites
    January 27, 2021
  • hire php developer0
    Five Reasons Why PHP is the Right Choice for your Businesses
    January 25, 2021
  • 0
    7 Ruby Frameworks that are ruling the web development scape
    January 23, 2021
  • 0
    10 Website Design Trends that will rule in 2021
    January 20, 2021
We incepted Dream Cyber Infoway to help those who dare to execute their dreams and make it a reality.

USA Toll free : 800-299-1584

Email: info@itexpertsindya.com

Our Expertise
  • PHP Development
  • Laravel Development
  • CodeIgniter Development
  • Mean Development
  • Progressive Web Apps Development
  • Frontend Development
  • Python Development
  • Ruby on Rails Development
  • Wordpress Development
  • API Development
  • IOT (Internet of things)
  • Application Maintenance
  • Mobile & Web Testing
  • Cryptocurrency Development
Home About Us Work Methodology Blog Portfolio Contact Us
Copyright © 2019 ITExpertsIndya. All rights reserved.