Transforming processes has become the raison d'être of technology in the XXI century. To optimize the reliability of digital operations and transactions, the industry has developed a set of tools that guarantee a decentralized, synchronized and reliable record of any operation carried out through electronic devices.

It is blockchain or chain of blocks, a technology that backs up a trusted environment for the exchange of data, promoting the agility and traceability of operations, and reducing costs.

Although until now it has been large corporations that, to a greater extent, demand the use of blockchain, it is expected that, due to its multiple capabilities, as soon as it reaches a greater maturity it will cross corporate borders to enter the field of medium and even of small companies, the latter segment that cannot afford custom developments and is inclined to use standardized tools that do not require training and / or hiring specialized technical personnel.

Initiatives such as Alastria , and the possible incursion of the Public Administrations at the state or regional level in the creation of blockchain networks authorized as a service (BaaS), will be the key throughout the years 2020 and 2021.

At the business application level, blockchain is expected to have a rapid impact in the field of product traceability, as well as in document certification, having to find its foothold in the latter area against more traditional solutions based, for example, on electronic signature.

It is also important, and very likely, that more solutions for interoperability between different DLT (distributed record technology) technologies will soon emerge so that composite networks that promote collaboration can be articulated globally.

Diego Souto, Project Manager