At our Global Entrepreneur Summit on the 1st and 2nd of December, Roger James Hamilton, Founder and CEO of Genius Group offered his predictions on the future trends of the next 10 years. 

Block Change

Imagine a decentralised society where banks and governments are no longer making the rules. This is already happening and at pace with the advancement of blockchain and cryptocurrencies. Blockchain 1.0 has advanced to blockchain 3.0 and this is allowing for much faster transactions, smart contracts with instant ownership and proof of work, moving to proof of stake.

In the future, we will see the blockchain being used increasingly for identification and ownership means, including voting and proof of stake as it is impossible to hack, and every transaction is recorded and traceable.

Sending money via the blockchain is quicker than traditional methods and doesn’t incur any bank charges, so we will see a massive shift in utilisation. Countries and cities are also now starting to launch their own cryptocurrencies, with the MiamiCoin and others coming to market.

We’ll be covering the other six trends in the coming days but you can watch the replay of the Global Entrepreneur Summit Day 1 here and Day 2 here.

Leave a Reply