Newsletter Compact, Newsletter Insight

IT trends 2018 – Blockchain among the top ten topics

According to a Bitkom study, for the first time, the key technology blockchain is one of the ten most important trend topics in the digital industry in Bitkom’s annual trend survey for 2018. Truly an exciting subject.

The blockchain – a promising future?

26 percent of the surveyed representatives from the IT and telecommunications industry considered the subject “blockchain” to be very important in the near future. Just last year, only eleven percent held that view. What makes blockchain technology so interesting – especially for the ECM industry?

To make it short, the blockchain provides means and methods to process transactions securely without a central trusted authority. That is its area of application and its origin. The technology became well-known thanks to the cryptocurrency bitcoin, where it is used for the cryptographic verification of transactions. But after a closer appraisal, it became clear that much more is possible with this technology.

While today the blockchain already securely handles financial transactions, in the future it will, “for example, certify documents without a notary, securely carry out contracts as smart contracts, or transparently depict the complete delivery chain of a product” according to Bitkom president Achim Berg.

 

Possible use in the ECM industry

Trust without a central trusted authority and verifiable integrity of data, that is the central statement which could be particularly interesting for the ECM industry. The key word is “revision security” of documents. What the future will bring here remains to be seen, and will be exciting. Companies are already experimenting today with different ideas for blockchains. For example, IBM with Project Fabric, which offers other companies a toolchain for creating their own blockchain to fit their respective business models. Or the Coco Framework from Microsoft, with the same goal – blockchains should find their way into companies, and their use is at least being tested there in logistics, commerce, and finance. So there is much to look forward to with anticipation.

 

About EASY SOFTWARE
Die EASY SOFTWARE ist Ihr Partner für eine durchgängige Digitalisierung von Geschäftsprozessen. Als Anbieter ebenso zukunftsweisender wie erfolgreicher Softwareprodukte und Servicelösungen, macht EASY Ihr Geschäft einfacher, effizienter und transparenter.
EASY SOFTWARE

That was EASY WORLD 2020
100% Digital

A day full of knowledge transfer, exchange and inspiration for your digitization. All lectures of EASY WORLD 2020 are available as recordings on our website. Register once and take a look at them at any time.

Watch the videos
This might also interest you:
Off to the Cloud: Our own subsidiary for the growing app business
Prof. Dr. Axel Winkelmann speaking about digital transformation.
Tradition is not a business model
Into the digital future with Big Data
Back to topic Next Post