Emerging trends

Blockchain technology is under rapid change and intense development due to the deep interest in it by academics and the commercial sector. As the technology is becoming mature, a few trends have started to emerge recently. For example, private blockchains have recently gained quite a lot of attention due to their specific use cases in finance. Also, enterprise blockchains are another new trend that is aiming to develop blockchain solutions that meet enterprise-level efficiency, security, and integration requirements. Some of the trends are listed here and discussed.

Application-specific blockchains (ASBCs)

Currently, an inclination toward ASBCs is noticed, whereby a blockchain or distributed ledger is specially...