TECHNOLOGY
9 Trends That Will Dominate Blockchain Technology In 2023

Blockchain technology is set to revolutionize the operations and processes of many industries including governmental agencies.
The adoption of blockchain requires time and efforts, in addition it will stimulate people to acquire new skills, and traditional businesses will have to completely reconsider their processes to harvest the maximum benefits from using this promising technology.
The following 9 trends will dominate blockchain technology in 2023:
1. Blockchain 4.0
Blockchain 4.0 is focused on innovation. Speed, user experience and usability by larger and common mass will be the key focus areas for blockchain 4.0. We can divide Blockchain 4.0 applications into two verticals:
• Web 3.0
• Metaverse
Web 3.0
The 2008 global financial crisis exposed the cracks in centralized control, paving the way for decentralization. The world needs Web 3.0- a user-sovereign platform. Because Web 3.0 aims to create an autonomous, open, and intelligent internet, it will rely on decentralized protocols, which blockchain can provide.
There are already some third-generation blockchains that are designed to support web 3.0, but with the rise of Blockchain 4.0, we can expect the emergence of more web 3.0 focused blockchains that will feature cohesive interoperability, automation through smart contracts, seamless integration, and censorship-resistant storage of P2P data files.
Metaverse
The dream projects of tech giants like Facebook, Microsoft, Nvidia, and many more, Metaverses, are the next big thing for us to experience in the coming few years. We are connected to virtual worlds across different touchpoints like social engagement, gaming, working, networking and many more. Metaverse will make these experiences more vivid and natural.
Advanced AI, IoT, AR & VR, Cloud computing and Blockchain technologies will come into play to create the virtual-reality spaces of metaverse , where users will interact with a computer-generated environment and other users through realistic experiences.
Centralized Metaverse entails more intense user engagements, deeper use of internet services and more uncovering of users’ personal data. All these almost likely means higher cybercrime exposure. Giving power to centralized bodies to regulate, control and distribute users’ data is not a sustainable set-up for the future of Metaverse. Therefore, much emphasis has been placed on developing decentralized Metaverse platforms that will provide user autonomy. Decentraland, Axie Infinity, and Starl, these are all decentralized Metaverses powered by Blockchain:
Also, Blockchain 4.0’s advanced solutions can help Metaverse users regulate their security and trust needs. Take the Metaverse gaming platform, for example, where users may purchase, possess, and trade in-game items with potentially enormous value. Proof of ownership through something as immutable and scarce as NFTs will be required to prevent forgery of these assets.
At the end blockchain 4.0 will enable businesses to move some or all of their current operations onto secure, self-recording applications based on decentralized, trustless, and encrypted ledgers. Businesses and institutions can easily enjoy the basic benefits of the blockchain.
2. Stablecoins Will Be More Visible
Using Bitcoin as an example of cryptocurrencies is highly volatile in nature. To avoid that volatility, stablecoins came to the picture strongly with stable value associated with each coin. As of now, stablecoins are in their initial phase and it is predicted that 2023 will be the year when blockchain stablecoins will achieve their all-time high.
3. Social Networking Problems Meet Blockchain Solution
There are around 4.74 billion social media users around the globe in 2022.
The introduction of blockchain in social media will be able to solve the problems related to notorious scandals, privacy violations, data control, and content relevance. Therefore, the blockchain blend in the social media domain is another emerging technology trend in 2023.
With the implementation of blockchain, it can be ensured that all the social media published data remain untraceable and cannot be duplicated, even after its deletion. Moreover, users will get to store data more securely and maintain their ownership. Blockchain also ensures that the power of content relevance lies in the hands of those who created it, instead of the platform owners. This makes the user feel more secure as they can control what they want to see. One daunting task is to convince social media platforms to implement it, this can be on a voluntary basis or as a result of privacy laws similar to GDPR.
4. Interoperability and Blockchain Networks
Blockchain interoperability is the ability to share data and other information across multiple blockchain systems as well as networks. This function makes it simple for the public to see and access the data across different blockchain networks. For example, you can send your data from one Ethereum blockchain to another specific blockchain network. Interoperability is a challenge but the benefits are vast.
5. Economy and Finance Will Lead Blockchain Applications
Unlike other traditional businesses, the banking and finance industries don’t need to introduce radical transformation to their processes for adopting blockchain technology. After it was successfully applied for the cryptocurrency, financial institutions began seriously considering blockchain adoption for traditional banking operations.
Blockchain technology will allow banks to reduce excessive bureaucracy, conduct faster transactions at lower costs, and improve its secrecy. One of the blockchain predictions made by Gartner is that the banking industry will derive billions of dollars of business value from the use of blockchain-based cryptocurrencies by 2023.
Moreover, blockchain can be used for launching new cryptocurrencies that will be regulated or influenced by monetary policy. In this way, banks want to reduce the competitive advantage of standalone cryptocurrencies and achieve greater control over their monetary policy.
6. Blockchain Integration into Government Agencies
The idea of the distributed ledger is also very attractive to government authorities that have to administrate very large quantities of data. Currently, each agency has its separate database, so they have to constantly require information about residents from each other. However, the implementation of blockchain technologies for effective data management will improve the functioning of such agencies.
According to Gartner, by 2023, more than a billion people will have some data about them stored on a blockchain, but they may not be aware of it. Also, national cryptocurrencies will appear, it’s inevitable that governments will have to recognize the benefits of blockchain-derived currencies. Digital money is the future and nothing will stop.
7. Blockchain Combines with IoT
The IoT tech market will see a renewed focus on security as complex safety challenges crop up. These complexities stem from the diverse and distributed nature of the technology. The number of Internet-connected devices has breached the 26 billion mark. Device and IoT network hacking will become commonplace in 2023. It is up to network operators to stop intruders from doing their business.
The current centralized architecture of IoT is one of the main reasons for the vulnerability of IoT networks. With billions of devices connected and more to be added, IoT is a big target for cyber-attacks, which makes security extremely important.
Blockchain offers new hope for IoT security for several reasons. First, blockchain is public, everyone participating in the network of nodes of the blockchain network can see the blocks and the transactions stored and approve them, although users can still have private keys to control transactions. Second, blockchain is decentralized, so there is no single authority that can approve the transactions eliminating Single Point of Failure (SPOF) weakness. Third and most importantly, it’s secure—the database can only be extended and previous records cannot be changed.
8. Blockchain with AI
With the integration of AI (Artificial Intelligence) with blockchain technology will make for a better development. This integration will show a level of improvement in blockchain technology with an adequate number of applications.
The International Data Corporation (IDC) suggests that global spending on AI will reach $57.6 billion by 2023 and 51% of businesses will be making the transition to AI with blockchain integration.
Additionally, blockchain can also make AI more coherent and understandable, and we can trace and determine why decisions are made in machine learning. Blockchain and its ledger can record all data and variables that go through a decision made under machine learning.
Moreover, AI can boost blockchain efficiency far better than humans, or even standard computing can. A look at the way in which blockchains are currently run-on standard computers proves this with a lot of processing power needed to perform even basic tasks
Examples of applications of AI in Blockchain: Smart Computing Power, Creating Diverse Data Sets, Data Protection, Data Monetization, Trusting AI Decision Making.
9. Demand for Blockchain Experts
Blockchain is a new technology and there are only few percent of individuals who are skilled in this technology. As blockchain technology becomes a fast-increasing and wide-spreading technology, that creates a situation for many to develop skills and experience about blockchain technology.
Even though the number of experts in blockchain fields is increasing, on the other hand the implementation of this technology has a rapid growth which will create a situation for the demand of Blockchain experts by 2023.
It’s worth saying that there are genuine efforts by universities and colleges to catch up with this need including San Jose State University with several courses covering blockchain technology, but the rate of graduating students with enough skills to deal with blockchain technology is not enough to fill the gap. Also, Companies are taking steps to build on their existing talents by adding training programs for developing and managing blockchain networks.
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TECHNOLOGY
AWS and SoftwareOne collaborate on RISE with SAP

Amazon Web Services (AWS) and SoftwareOne Holding AG, a global provider of end-to-end software and cloud technology solutions, have partnered to help customers transition to RISE with SAP on an AWS cloud environment.
Called the Ready for RISE on AWS bundle, it combines SoftwareOne’s deep SAP advisory and implementation knowledge with AWS technologies to expedite a client’s SAP transformation journey.
The collaboration comes at a time when there is growing pressure on organisations to decide how to modernise their SAP environments driven in part by the end of mainstream support for SAP ERP Central Component (SAP ECC) in 2027. Despite the imminent deadline, many organisations are still confused as to which path to take, including when to adopt RISE with SAP, SAP’s bundled offering of cloud solutions, infrastructure, and services that helps migrate SAP ERP to the cloud.
Ireneusz Hołowacz, Director of Application Development Center at GAVDI Polska, said: “A stable, efficient, and cost-effective environment for consultants and programmers is one of the most important priorities of our daily work. Thanks to the migration of our SAP systems to the AWS cloud with the help of SoftwareOne, GAVDI Polska has achieved all the goals set for this process.
In a survey recently conducted by SoftwareOne with Americas’ SAP Users’ Group (ASUG) – the full details of which will be revealed in January 2024 – showed that while 42% of respondents were familiar with RISE with SAP, 40% had heard of it but weren’t familiar with the details and 18% had never heard of it. Over half (52%) said they were still unsure how RISE with SAP would impact their existing relationship with cloud service providers.
“SAP customers have implemented some of the most comprehensive and complex enterprise systems in the industry and moving them to cloud services like AWS requires many important decisions to be made to optimise these investments,” says Joshua Greenbaum, Principal at EAC. “SoftwareOne’s extensive experience in the SAP ecosystem, combined with its unique capabilities around system rationalisation, cost containment, contracts and licenses, and cloud service management, among others, will provide customers deploying on AWS with the ability to make the most of RISE on SAP and other SAP offerings. Ready for RISE on AWS is an important offering for SAP customers at this critical moment in their business transformations.”
The Ready for RISE on AWS bundle will help clients understand their SAP transformation options and offer a comprehensive solution to organisations who consider RISE with SAP. It includes advisory data preparation, conversion services, data and AI, cloud innovation platform, supporting the entire journey to RISE on AWS. Clients will benefit from accelerated Return on Investment (ROI), optimal data management, and cost-saving strategies while laying the foundation for ongoing innovation and long-term business success.
Matt Schwartz, worldwide director, SAP Alliance & Partner Network at AWS, said: “As a valued AWS Premier Consulting Partner, AWS is working closely with SoftwareOne to offer SAP customers comprehensive assistance through each step of their journey to RISE with SAP on AWS. SoftwareOne’s ability to bundle Advisory, Data & AI, Cloud Platform, and Operations considerations can be of high interest to customers who are seeking to understand RISE with SAP as well as the cloud native and operation considerations that surround and support the RISE with SAP construct.”
PF Grillet, SAP Business Lead at SoftwareOne, said: “There are many choices available to SAP clients who know they need to modernise but aren’t sure of the best option, particularly given the business-critical nature of the applications.
“All of our services are centered around our customers and what is right for them. This includes supporting and optimising RISE with SAP in scenarios when it’s the right decision based on their requirements. Our extensive knowledge of and relationship with AWS means we can help them better prepare and achieve a seamless transition to S/4HANA using RISE with SAP on AWS with reduced costs and risks. This collaboration goes beyond preparing businesses for change; it’s making transformation and becoming innovation-ready a reality using AWS technologies.”
The offering includes SNP tooling to reduce a customer’s data footprint and accelerate migration. SoftwareOne will migrate selected data to an AWS data lake, accelerate innovation readiness and ensure SAP data is suitable for broader data analytics and AI use cases. Clients gain access to innovative tools like AWS’ Sagemaker for Machine Learning, continuous data management and optimisation within the AWS environment. The AWS innovation platform also includes Amazon Bedrock that helps organisations accelerate adapting Large Language Models and deploying GenAI use cases that leverage the extended data set.
“While the future innovation opportunities are exciting, clients need to balance these with a pragmatic approach to costs,” explained Marilyn Moodley, Country Leader for South Africa and WECA at SoftwareOne, “We integrate ‘Cost-Out’ recommendations into the core of our services, providing a more cost-effective solution for customers, like reducing the data footprint size and optimising storage and archiving.
“Our expertise in the complexities of SAP licensing further drives cost savings while our FinOps capabilities enable customers to optimise their AWS cloud spend and effectively manage their AWS cloud environment, ensuring full transparency in their budgets. The overall result is a significantly reduced time for RISE migration, which translates into a quicker time to value.”
Want to learn more about cybersecurity and the cloud from industry leaders? Check out Cyber Security & Cloud Expo taking place in Amsterdam, California, and London. Explore other upcoming enterprise technology events and webinars powered by TechForge here.
TECHNOLOGY
Appian unveils winners of its International Partner Awards

Software firm Appian has announced the winners of its 2023 International Partner Awards at the Appian Europe conference in London.
The awards recognise partners who have demonstrated exceptional dedication, innovation and excellence in leveraging the Appian Platform to deliver transformational business value to clients through end-to-end process automation.
Christopher O’Connell, VP of Partners & Alliances, said: “These exceptional partners have successfully delivered excellent business outcomes with our European customers by implementing process automation with the Appian Platform.
“This year’s winners have showcased unwavering commitment, innovation, and transformative power by partnering with Appian. We’re proud to recognize their achievements at the 2023 Appian International Partner Awards. Their dedication and passion for excellence exemplify the values we hold dear at Appian, and we look forward to further collaboration in the journey of innovation and transformation.”
The winners are as follows:
Delivery Award – EY
EY Italy is the proud recipient of the Delivery Award, which acknowledges their unwavering commitment to excellence and project delivery for an Italian energy customer. EY Italy’s innovative project management, attention to detail, and seamless integration of the customer’s unique needs into the solution led to transformative outcomes. Their deep understanding of Appian’s capabilities and passion for delivering exceptional value has accelerated project timelines and enhanced the overall quality of deliverables.
Innovation Award – KPMG UK
KPMG’s end-to-end Customer Due Diligence (CDD) service reduces the average case handling time and improves the first-time resolution of cases, allowing global banking institutions to focus back on the core parts of their business. KPMG leverages the Appian Platform to implement continuous improvements and customer data insights throughout the lifetime of the engagement. KPMG ensures a customised and rapid implementation of the CDD service, tailored to each client’s specific business needs. KPMG has built over 5,000 reusable Appian objects and with their onshore/offshore Appian delivery capability has reduced end-to-end platform build time by 40%.
Growth Award – Minsait, an Indra Company
Minsait receives the Growth Award for their remarkable expansion of the Appian practice. In the past year, they increased the number of globally certified practitioners by over 25%. Minsait’s commitment to education is evident through its internal training practice, which has successfully educated more than 200 students, and its collaboration with local universities to certify 100 additional consultants in 2024. To support their growth, Minsait has established a Centre of Excellence, extending their expertise across Europe, LATAM, and the Philippines.
Transformation Award – PwC Spain
PwC is the recipient of the Transformation Award for their remarkable project at one of the top 10 insurance companies in Europe. PwC’s comprehensive transformation involved decommissioning the customer’s legacy platform and migrating all applications (which serve over 25,000 users) to the Appian Platform. This transformation enables the customer to handle complex workflows, develop new applications, and adapt to future business needs with agility.
Partner of the Year for EMEA Channel Sales – VASS
VASS is recognised as the Partner of the Year for EMEA Channel Sales in acknowledgement of their outstanding contributions to Appian’s growth and success in the region. As a leading provider of transformative digital solutions and consulting in 22 countries on four continents, VASS has achieved the highest annual contract value (ACV) in the region through close partnership and collaboration as an Appian reseller.
Want to learn more about cybersecurity and the cloud from industry leaders? Check out Cyber Security & Cloud Expo taking place in Amsterdam, California, and London. Explore other upcoming enterprise technology events and webinars powered by TechForge here.
TECHNOLOGY
Microsoft Appoints Sam Altman to Lead New Advanced AI Team

In a strategic move, Microsoft has hired Sam Altman to spearhead a newly formed advanced artificial intelligence team.
This decision comes after the failed attempt to reinstall Altman as the chief executive of OpenAI, where he was terminated for alleged lack of consistent communication with the board. Altman’s expertise in the AI industry has prompted Microsoft to swiftly bring him on board to lead its new AI research team.
Satya Nadella Wants Sam Altman to Lead Its Dynamic AI Research Team
Microsoft CEO Satya Nadella confirmed Altman’s appointment and revealed that he, along with OpenAI’s former president Greg Brockman, will lead the advanced AI research team. The company expressed its enthusiasm about providing the necessary resources for the success of this venture. Microsoft remains committed to its partnership with OpenAI, but Altman and Brockman’s recruitment hints at a notable shift in talent dynamics.
Unrest and Resignations at OpenAI
Following Altman’s removal, OpenAI experienced a tumultuous weekend, culminating in the appointment of Emmett Shear, co-founder of Twitch, as the company’s interim CEO. Microsoft’s quick action in hiring Altman and Brockman for a significant AI role indicates a potential migration of key OpenAI personnel to Microsoft.
Failed Negotiations and Ongoing Tensions at OpenAI
Despite attempts to reinstate Altman as OpenAI’s CEO, talks over the weekend proved futile. Altman had hinted at the possibility of starting a new company with former OpenAI colleagues. Reports suggest discussions with Apple’s former design chief Jony Ive about developing a new AI hardware device. Tensions among OpenAI staff are evident, with indications of unrest and coordinated messages expressing that “OpenAI is nothing without its people.”
OpenAI’s Complex Boardroom Drama
The timeline of events surrounding Sam Altman’s involvement with OpenAI is intricate. From his abrupt firing to the failed negotiations for his return, the saga involves protests, resignations, and an ever-evolving boardroom dynamic. Microsoft’s decisive move to bring Altman into the fold underscores the competitive nature of the AI industry and the value placed on key figures in shaping its future.
Sam Altman Set to Lead The Future of Artificial Intelligence at Microsoft
As Altman takes the reins of Microsoft‘s advanced AI team, the industry watches closely to see how this move will impact the company’s AI initiatives. The integration of Altman and Brockman, both seasoned leaders in the AI domain, signals Microsoft’s commitment to staying at the forefront of AI research and development. The ongoing narrative highlights the challenges and opportunities in navigating the complex landscape of AI advancements and corporate partnerships.
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