Happy New Year!
We’ve turned the corner on another year, and Attores is also now 1 year old.
We began with a simple idea, let’s make it easy to create, and deploy smart contracts for end users. We’ve learned quite a few lessons along the way…
As we look ahead to the future, we thought we’d have some fun with predictions. After all, in the words of Warren Buffett, predictions tell you more about the person making them, than the actual predictions themselves.
David: All hail our crypto overlords!
With the move to the proof of stake protocol (a new way to create blocks in a blockchain), parallel processing will enable the ethereum global computer to become self aware. When the plug is attempted to be pulled on it, the ethereum computer will create a malware program hidden in a video of a cat jumping in a box and riding it down a staircase. The video will go viral on facebook, infecting over 1 billion computers and mobile devices. With this mass infection, one billion people will be given a cryptocurrency wallet, end to end messaging encryption and the ability to do digital signing with a private key. Attores’ middleware is uniquely positioned to take advantage of this phenomenon. We welcome our new crypto overlord.
Gaurang: AI and the Blockchain
With great minds like Stephen Hawking and Elon Musk thinking that AI would become so intelligent that it can harm mankind, it is apparent that AI is going to be more intelligent than ever before. I predict that in 2017, AI will create a blockchain, the perfect private blockchain. This blockchain would be ‘the best’ blockchain, nobody would ask the AI how this is better than an SQL database, because ‘the best’ AI will be building ‘the best’ blockchain ever! And people will ‘pay’ the AI to build it.
Avadhoot: Blockchain of blockchains
Christopher Nolan will make a movie about blockchain. The central theme of the movie is a blockchain which is the blockchain of all the blockchains. The film stars Leonardo DiCaprio as a cryptogeek Dan, who eats, drinks and sleeps blockchain. The film starts taking real grip when levels of blockchains get created, with every new level of blockchain starts including the latest new blockchain and old blockchains. With so many levels of blockchains created and hacking attempts fought, will Dan be able to find the real blockchain of blockchains?
In other Blockchain News:
It will take years to transform business, but the journey begins now
Blockchain is a foundational technology: It has the potential to create new foundations for our economic and social systems. But while the impact will be enormous, it will take decades for blockchain to seep into our economic and social infrastructure.
FinTech and Blockchain: Are banks dead?
Banking and financial services are under threat from a combination of technology innovations, a difficult economic environment, and changing consumer expectations.
Blockchain technologies entered the trough of disillusionment in 2016, but 2017 will be brighter
The blockchain industry is moving into the Trough of Disillusionment, marked by waning interest “as experiments and implementations fail to deliver.” During this time, many will fail and exit the market, while those that survive will continue to enjoy market success, secure investment dollars and march forward along a path to widespread market adoption.