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Gartner’s Top 10 Technology Trends For 2020 That Will Shape The Future

The empowered edge, practical blockchain and human augmentation are just a few of the biggest trends in 2020 that will create the largest opportunities over the next decade, according to research firm Gartner.

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Practical Blockchain

Blockchain enables participants in a network to trace assets back to their origin that not only benefits traditional assets but paves the way for uses such as tracing food-borne illness back to the original supplier. Blockchain allows multiple partners who don’t know each other to safely interact in a digital environment and exchange value without the need for a centralized authority.

By 2023, blockchain will be scalable technically, and will support trusted private transactions with the necessary data confidentiality. According to a 2019 Gartner survey, 60 percent of CIOs are expecting some kind of blockchain deployment in the next three years.

Blockchain still remains immature for enterprise deployments due to a variety of technical issues such as poor scalability and interoperability. However, blockchain has the potential to reshape entire industries by enabling trust, providing transparency and enabling value exchange across business ecosystems – potentially lowering costs, reducing transaction times and improving cash flow. Some of the biggest use cases including asset tracking, automated claims processing, internal and shared record keeping, as well as smart cities and IoT.

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