5 technology trends for the roaring 20s, part 1: Blockchain, cloud, open source

5 technology trends for the roaring 20s, part 1: Blockchain, cloud, open source

Data is changing the paradigm in everything from business to social interactions. Here is what will shape the data landscape for the years to come.

The original roaring 20s were 100 years ago, but we may be about to see a new version of this… And if it’s going to be “a period of economic prosperity with a distinctive cultural edge,” then both the economic and the cultural aspects will be all about data.

Data is shaping a new culture, bringing about a new way of doing business, a new way of decision making, new applications and infrastructure, and is an enabler for the transition to AI. Data is the focal point of our coverage on Big on Data, so following up on Andrew Brust and Tony Baer’s predictions, here’s our own round of things to keep an eye on in the 2020s.

This is the first part — including trends 5, 4, and 3. The second part — including trends 2, 1, and a bonus — will follow suit in a few days.

Do you remember blockchain? 2017, 2018, and the Bitcoin and ICO craze seem like a lifetime ago. Back in early 2017, we noted that blockchain is, in essence, a distributed database, with some unique properties that databases typically lack:

Immutability, where written data is “forever” tamper-resistant. The ability to create and transfer assets on the network, without reliance on a central entity, based on a decentralized consensus mechanism. This is what powered Bitcoin, which opened up the realm of possibilities, but also spurred an immense wave of speculation, ignorance, and fraud.

Read the full article on ZDNet

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