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[CUBE NEWS] The Future of Blockchain 3. Utilization of Blockchain Technology | 블록체인의 미래 3. 블록체인 기술의 활용 현황

3. Utilization of Blockchain Technology
So how long will it take for blockchain technology to become widely used in our society? Experts predict that it will take more than five years for blockchain technology to peak in most industries. Gartner, a U.S. IT market research and consulting firm, said in its 2017 Blockchain Heap Cycle report that the market and public interest in blockchain-related technologies such as distributed ledgers, virtual currency wallets and consensus algorithms are at its peak. In addition, most IT consulting agencies predict that blockchain technology will reach the peak of innovation in two to three years, and be commercialized in five to 10 years, so that stable services can be delivered around 2025. Among the areas where blockchain technology can be used especially effectively are financial areas such as banks and investment services, health care including insurance and health care, logistics and distribution sectors and public services.
Finance
Many foreign b…

[News Articles on CubeCar, Carsharing]

(Original article was written in English: https://news.naver.com/main/read.nhn?mode=LSD&mid=sec&sid1=004&oid=030&aid=0002736808)


The first P2P car sharing company in Korea is created. P2P car sharing means sharing individuals’ cars, just as Airbnb is sharing a private house with guests. Cube Intelligence, a blockchain technology developer in autonomous vehicles industry, announced that it will launch a P2P car sharing service, CubeCar at 2018 sharing festival Seoul, which is being hosted by Seoul City on September 7, 2018.
P2P car sharing has attracted a great deal of attention worldwide recently. Not long ago, Softbank invested a large amount of 300 million dollars in North American P2P car sharing company Getaround, and Europe-based P2P car sharing company Turo also attracted 230 million dollars. Daimler-Benz also acquired a P2P car sharing company, Croove, yet did not disclosed the accurate acquisition price.
P2P car sharing company is getting much interest from car m…