Blockchain technology is under rapid change and intense development due to deep interest in it by academics and the commercial sector. As the technology is becoming mature, a few trends have started to emerge recently. For example, private blockchains have recently gained quite a lot of attention due to their specific use cases in finance. Also, enterprise blockchains are another new trend that is aiming to develop blockchain solutions that meets enterprise-level efficiency, security, and integration requirements. Some of the trends are listed below and discussed.
Currently, an inclination toward ASBCs is noticed, whereby a blockchain or distributed ledger is specifically developed for only one application in mind and is focused on a specific industry, for example, everledger, which is a blockchain that has been developed to be used for providing an immutable tracing history and audit trail for diamonds and other high-value items. This...