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Is paper dead? No, it’s ‘smart’ and back with a vengeance!

August 07, 2018 / ANASIA D'MELLO

The world is digitising at tremendous speed, powered by the rise of connected machines and all kinds of Internet of Things (IoT) devices. ‘Blockchain’ thinking is the technology trend of the moment and organisations around the globe are getting wise to the benefits and opportunities it can bring. As Peter Van Ostaeyen, Blockchain and IoT consultant at SD Worx says, Blockchain is already helping businesses stay accountable, build trust and cut out excessive red-tape and paperwork. According to a recent IDC report the global spending on blockchain solutions is expected to reach US$2.1 billion (€1.81 billion) through the course of 2018. Its full potential is yet to be realised though, as this figure is set to explode to$9.7 billion (€8.37 billion) by 2021.