Collaboration and Community — the Keys to Realising the Potential of Blockchain Technology Quixxi Follow Mar 1, 2018 · 3 min read

Every industry loves buzz words and buzz topics. Right now, blockchain technology is certainly the flavour of the month, and for good reason.

From trusted forecasters to business leaders, there is an appreciation that blockchain technology is in fact a true game changer, specifically because we see this ledger technology disrupting the status quo of existing business models and creating new markets.

You only have to look at the growth in market capitalisation in the global cryptocurrency market, which is at $500 billion dollars (give or take a bump in trading), to appreciate the disruptive and transformational capability of blockchain technology.

Blockchain technology opening new worlds in old worlds.

But like most technologies, the key is to move from discussions on the technology itself to seeing it implemented into compelling use cases that deliver business and community benefits. It is by showing exactly how the technology can solve problems and pain points, or realise new opportunities, that we will see the acceleration in adoption and impact. Delivery of benefits will drive a true contagion effect.

To facilitate this change, we embrace an open source mindset where we can not only provide services for developers to incorporate new technologies like blockchain, but build a highly collaborative platform where developers are rewarded for creating new blockchain services and where the community can in turn, access their work.