Blockchain Infographic: What Does Blockchain Disruption Look Like?

Want to Score Cash for Free?

  • Branded Surveys: Is known as the #1 paid survey site. Take paid surveys anytime and anywhere via PC, Laptop, Tablet, or Cell Phone. Join Branded Surveys Now
  • Mistplay: Earning money by playing games on your phone sounds like a dream. But this app really pays you for playing new games with cash rewards. Download Mistplay for Free (Android only).
  • Robinhood: This investing app lets you trade stocks and do everything for free and takes no fees — ever. Better yet, if you join through this link you can get a free stock like Apple, Ford, or Sprint when you join (must complete signup).

What’s so exciting about the blockchain tech?

Probably the fact that the tech can be applied to so many different areas. We’re most familiar with the tech because it powers Bitcoin, but there’s a lot more that it can do.

What Can Blockchain Technology Do?

First off, it has always been open source. This allows developers complete creativity when it comes to designing new applications and is one of the reasons that the tech has already had such a disruptive influence across such a varied range of industries.

Stefan, the editor of BitFortune.net, says that the present-day blockchain is at the same level of development that the internet was 20 years ago. His research, summarized in the infographic you’ll also find below makes for a scintillating read.

Did you know, for example, that the crypto market was valued at $330 billion in March of this year? Or that forecasts say that the tech market itself will be worth $20 billion dollars in just six years-time?

It’s pretty amazing growth for some obscure tech that pretty much seemed to come out of nowhere. While it has been around since 2008/09, it was really only in the last few years that serious development has started to take place.

Want free money?

  • Aspiration: Want to get spotted a $100 for free? Simply sign up for Aspiration, and the free banking app will give you cash for free, you just relax while it gives you $100 just for opening a new debit card. There’s no catch, just use your card to make at least $1,000 in cumulative transactions within 60 days of opening an account. There’s no need to spend extra money — just use your card to buy groceries and pay your utilities. This bank account is legit and only takes two minutes to sign up for an account.

With most applications only really moving from the planning stages to real-life implementations this year, we’ve only started to realize what the potential for this tech really is. This is an exciting time as it is just now gaining more widespread acceptance.

We have already seen a big leap in its capabilities. Ethereum, for example, took the concept and improved it by adding programming language into the mix. Ripple, on the other hand, stuck with the basic cryptocurrency program but streamlined the verification process.

What's Next For Blockchain Technology?

Who knows what’s next? We can guess at the directions that the tech might take, but it really is anyone’s guess. Stefan compared it to the internet in its early stages. The internet started out as a way for educational institutions to share information.

The worldwide web consisted at one time of a dozen or so websites. In just a few decades, it has grown into a global monster. Can you imagine a world without the internet? Who knows, maybe our children will say the same of the blockchain tech.

Blockchain Infographic

Blockchain Infographic: What Does Blockchain Disruption Look Like? Fortune blockchain shows us what the future of blockchain technology looks like.

blockchain infographic

Want free money?

  • Robinhood is a free investing app for your phone. I really mean free all around – free to join and they don’t charge any fees to buy or sell the stock. You can get a share of stock like Apple, Ford, or Sprint for free when you join through this link. The value of the free share may be anywhere between $2.50 and $500 and fluctuates based on market movements. You’ve got nothing to lose.
Brian Meiggs
Brian Meiggs
Brian is the guy behind TopSavings and My Millennial Guide and is a personal finance expert who has spent the last few years writing about how people can save and make more money. He has been quoted in several online publications, including Yahoo! Finance, NASDAQ, MSN Money, AOL, Discover Bank, GOBankingRates, Student Loan Hero, Fit Small Business, Cheapism, SmartAsset, Bankrate, RISE Credit, AllBusiness, Cheddar, Commonbond, Niche, Rewire, Credit Donkey, Debt.com, and more. He uses the free Personal Capital app to manage his cash flow and net worth.

Popular Ways to Save Money

COMPANYDETAILS

rakuten★★★★★

Rakuten lets you find coupons and earn cash back at over 2,500 stores. Enjoy saving with online rebates, deals, promo codes and discounts. Plus, new users get a $10 signup bonus.More

Ibotta Logo★★★★★

Ibotta can help you get cash back with your favorite brands. You can register today and earn real cash back and even get a $10 new user bonus.
    More

    ★★★★★

    Trim provides personalized recommendations to automate saving money. This bot can help you. negotiate cable bills, negotiate other bills, cancel subscriptions, spend tracking, and get refunds for price drops. More

    Qapital App Review

    ★★★★★

    Qapital is a new way to bank that lets you save for the things you want, just by doing the things you do. This app makes saving is effortless, motivating, and even a little fun. Rounds up change to nearest dollar and moves it into savings. Allows specific goals to be set and named. More

    ★★★★★

    Acorns invest your spare change automatically. Join almost 4,000,000 people saving and investing every day. Sign up in no time to save and invest more money. Money is invested in a portfolio based on income and goals. More

    ★★★★★

    Get cash back on everyday purchases with the Dosh app. No receipt scanning required. One of the easiest and best ways to save money. Best part? The app is totally free. More

    Do NOT follow this link or you will be banned from the site!