5. Blockchain Will Rule the Technological World

Blockchain technology has potential uses in the software development sector, despite the majority of the attention being paid to cryptocurrencies.

Over the past ten years, blockchain technology has been applied to provide safe and trustworthy digital solutions for the healthcare, government, banking, gaming, logistics, and other sectors.

Systems using blockchain-oriented software (BOS) are extremely reliable and secure. Decentralized storage and replication of its data protect its security. A particular class of application known as a "decentralised application" is another example of blockchain-based software (dApp). No centralized location for storing code or organizations to administer it exist, as implied by the term. Hence, there is no need for an intermediary.