As 2018 draws closer, op-eds and editorials are full of predictions for the next year. Here, we provide a summary of Oliver Bussman’s latest article in Forbes.
Bussman is the founder of “Bussman Advisory” and one of the leading names in the digital technology industry. Previously, Bussman worked for SAP, Allianz, Deutsche Bank, and IBM.
In his piece, he has outlined 4 major blockchain trends to watch for in the upcoming year.
Like many of the other top analysts, Bussman sees security tokens as the next big thing. 2018 has proved to be a disappointing year for the ICOs mostly because the utility tokens have simply not shown enough value to investors.
Speaking about security token offerings (STO), Bussman notes that “the idea of programmable equity brings possibilities of immense liquidity and efficiency at lower costs.” Thus, he expects to see the openings created for the STOs in 2019. Finally, he mentions Nasdaq, London Stock Exchange and the Swiss Stock Exchange developing digital asset platforms as early signs of the developing market infrastructure.
Alternative Asset Classes
Early signs are pointing to the slowdown in the global market, hence investors are looking for alternative asset classes, according to Bussman. As one of the potential options, he mentions “tokenization of well-performing assets that previously lacked liquidity”, e.g. Small-Medium Enterprises (SMEs) and Real Estate Assets.
Decentralized Ecosystem Platforms
The possibility of developing Business-to-Business-to-Consumer (B2B2C) ecosystems has been gaining a lot of interest. Bussman mentions a study conducted by McKinsey which suggests that “new ecosystems would emerge in place of many traditional industries with over $50 trillion in revenue by 2025”.
As different experiments in this industry have already taken place in 2018, the stage may be set for a giant leap to be taken in 2019, with the development of the innovative new decentralized ecosystems.
More in the form of a conclusion, Bussman sees “companies that are able to bridge the crypto and fiat worlds, enabling digital links between the two” as true winners of 2019. This linkage is a necessity across industries, from storage, trading, asset management of digital assets to real-world applications of technology for the bystander, such as voting and land-registry.”
Specifically, he sees the end of 2018 to coincide with the end of the crypto hype as we look forward to the real value which the next phase of development of digital assets will likely bring in 2019.