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10 Industries That Need Blockchain Testing for their Next Phase of Growth

  1. Stock Trading
  2. Retail
  3. Supply Chain Management
  4. Healthcare
  5. Airlines
  6. Entertainment
  7. Education
  8. Real Estate
  9. Government
  10. Infrastructure Security

Blockchain is a breakthrough technology and comes into the limelight from the last few decades. With its decentralized nature, Blockchain technology can lead to great opportunities and benefits companies through enhanced security, transparency, and easy traceability. Most Fortune 500 companies, from finance and retail to airlines and automobiles, are exploring Blockchain Technology for its benefits in business security and operations.

How Blockchain Can Power up Your Business?

Blockchain Technology is not just restricted to the exchange of Cryptocurrencies. The new-edge solution is also being used by governments to create, validate, and improvise people’s access to self-sovereign (international ID) identities. The benefits of blockchain like security, efficiency, and precision are today being enjoyed by multiple domains and sectors, such as retail, healthcare, finance, and more. There are many benefits that this technology can present to businesses, through its decentralized and distributed nature:

  1. Greater Transparency– The key advantage of Blockchain technology is its transparency. This makes blockchain good technology to store financial records or any other data.
  2. Increased Efficiency– Because of its decentralized nature, Blockchain removes the need for middlemen in many processes. The technology facilitates rapid transactions by allowing P2P cross-border transfers with a digital exchange.
  3. Higher Security– Blockchain is secured than any other record-keeping systems as each new transaction is encrypted and connected to the previous transaction. The indisputable and incorruptible nature of blockchain makes it secure from hacks and falsified information.
  4. Improved Traceability– With the blockchain ledger, we record the exchange of goods, an audit trail is there to trace where the goods came from. This can improve security and avert fraud in exchange-related businesses.

Why Blockchain Testing is Crucial?
As Blockchain paves the way for innovations across industries, it will bring some inherent challenges like privacy and security issues, integration issues with legacy systems, great energy consumptions, high investments, and initial fear around the adoption procedure. With so many Blockchain apps being launched in almost every sector, it is becoming an essential task for testers to overcome the challenges and issues. To help enterprises overcome these threats, testing blockchain apps becomes crucial.

Deloitte’s 2019 Global Blockchain Survey also demonstrates that blockchain is going through a similar path of diffusion across industries far beyond its initial Fintech apps. Sectors like media, technology, telecommunications, government, and health care are expanding their blockchain initiatives.

Verticals that use Blockchain Applications and Need Testing

Banking sector is already racing ahead in blockchain, let us look at a few other verticals that are trying to implement blockchain and are slowly inching ahead.

  1. Stock Trading– Blockchain application helps to automate buying and selling and trading stocks, making the procedure seamless and well-organized.
  2. Retail– In this sector, blockchain application can decentralize the customer’s trust by linking it to the sellers across varied platforms and marketplaces. It connects sellers directly with buyers, lessening the hassles of middlemen and the costs involved.
  3. Supply Chain Management– Blockchain provides the transparent and most secure monitoring of transactions. It helps document these transactions as decentralized records that lead to saving of cost, time, and errors. Blockchain apps thus create a traceability system.
  4. Healthcare– Blockchain applications are popular in the healthcare sector as well. It can easily manage and maintain the security and privacy of the data. The collaboration of accurate data results in better diagnoses, higher success rates in treatments, and low cost.
  5. Airlines– Implementing blockchain will help secure the data and make the traveler be at ease. Securing traveler’s data can make them feel at ease.
  6. Entertainment– Entrepreneurs from the entertainment sector can also use blockchain to share their work via smart contracts and generate the payment.
  7. Education– The blockchain-based system could serve as an endorser for educational institutions to access secure records and documents.
  8. Real Estate– Blockchain technologies could simplify the process and improve transparency altogether. Besides, all the documents could be stored securely. A startup company named Deedcoin Inc. offers cryptocurrency driven transactions that reduce the commission rate for the agent to 1 percent.
  9. Government– Besides voting systems, blockchain systems could be used to help control bureaucratic corruption in government agencies.
  10. Infrastructure Security– Most organizations today are still easy to hack. Using blockchain, enterprises can effortlessly share data securely. With blockchain’s advanced cryptographic methods, we can also reduce the rate of hacking.

These are some verticals that are likely to see significant advancement from blockchain technology. While there are several vendors that offer recommendations for Blockchain implementation, enterprises need to understand and decide what suits their business requirements, and syncs well with their goals.

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8 DevOps Trends to be Aware of in 2020

  • Automation will become the major focus
  • Shifting attention from CI Pipelines to DevOps Assembly Lines
  • Rise in Artificial Intelligence (AI), Data Science Boost
  • Concept of “everything as code”
  • Hype in using Server Less Architecture
  • Automation through AI and Data Science
  • More Embedded Security
  • Kubernetes has evolved significantly

According to a collective study, DevOps market generated 2.9 billion in 2017 and the market is expected to reach at $6.6 billion by 2022. DevOps has become a key focus and has shaped the world of software and many experts predict that DevOps is going to be the mainstream and is going to reach its peak at 2020.

Enterprises are not only showing interest in DevOps but are gradually adopting DevOps-related practices and technologies. As per Hackernoon article citing Statista, there was a 7% boost in DevOps adoption from 2017 to 2018. DevOps software market is projected to grow from $2.9 billion in 2017 to $6.6 billion in 2022 (source: estimates from IDC).

DevOps Projected Growth 2019

Fig: Google trend is shown for “DevOps” and a hypothesis of its estimated growth in 2019.
DevOps offers the following benefits:

  • Fast response towards an amendment
  • Offers great speed and makes the security arrangement more agile
  • Establishes a perfect channel of collaboration and communication
  • Fast identification of bugs or vulnerabilities in the code
  • Team can effortlessly put their sole attention on other critical things instead of focusing on security features

Many enterprises are adopting DevOps and there is a boost up to 17% in the year 2018 than what was about 10% in the year 2017 (according to Statista)

Image source: Statista

Predictions of 8 DevOps Trends to be aware of in 2020:

1. Automation will become the major focus

Companies that have already implemented DevOps have seen high efficiency and faster deployments. When it comes to DevOps, DevOps automation is what we talk more about. Zero-touch automation is going to be the upcoming future. Understanding the 6 C’s of the DevOps cycle and to apply automation between these phases is the key, and this is going to be the major objective in 2020.

2. Shifting attention from CI Pipelines to DevOps Assembly Lines

The final goal of DevOps is to improve collaboration between planning and automation of the delivery procedure. It is not just about doing Continuous Integration (CI) but it is all about CD (continuous delivery). Companies are investing extra effort and time into understand about automating their whole software development process. In 2020, the attention is going to shift from Continuous Integration (CI) pipeline to DevOps assembly lines.

Advantages of Assembly Lines:

  • Powerful nested visibility
  • Native integrations
  • Fast on board and scale with “as-code” philosophy
  • Perfect CD (continuous delivery) with interoperability
  • Team-based business intelligence and analytics

3. Rise in Artificial Intelligence (AI), Data Science Boost

Growing number of Artificial Intelligence-driven apps will push data science teams to look for DevOps philosophy in their workflows. DevOps method is expected to be their prominent option in dealing with automated pipelines, maintaining, and testing multiple deployed models in the production chain.

This is going to boost further as data science & development teams move closer for high efficiency in development, deployment & managing AI & ML-driven apps.

4. Concept of “everything as code”

We cannot deny the fact that coding has now become the backbone of the IT sector. Understanding various DevOps tools and automating scripts plays a crucial role in the software development and this is going to dominate in 2020. The future of this industry depends on the technical capabilities of the developers, testers, and people of the operation.

Since, DevOps is all about easing the delivery cycle, there is a need to bring in the code which can be used to increase the software production cycles efficiency. The thought of “everything as code,” is DevOps’s built-in practice and it can be present in the SDLC to create a wave in the DevOps trend 2020. Software Testers are likely to suffer if they do not learn to code and write their test scripts.

5. Hype in using Server Less Architecture

DevOps can be reached to the zenith level with server-less architecture. This is not free of server; however, there is a cloud service which takes care of the complete architecture. This extraordinary architecture allows the software developers to concentrate focus on the “Application Part”. BaaS and FaaS are the two critical aspects of the server less architecture. By employing server-less architecture, you can save time, cut down the costs, and ensure resilient work flow.

6. Automation through AI and Data Science

The main objective of 2020 is zero-touch automation. The continuous increase of Artificial Intelligence and Data Science has become a game-changer. Various apps are fueled with AI, which is pushing DevOps teams to seek automation possibilities to discover prospects within their workflow streams.

7. More Embedded Security

With the exponential growth of security breaches and the bad impacts to the company’s reputation, cyber-security has become business imperative. In 2020, DevOps will rapidly include security.

Recently we have seen a buzz trend of DevSecOps. DevSecOps is all about injecting security first in the app development life cycle, therefore decreasing vulnerabilities and improving business reputation.

The shift to DevSecOps will also bring great collaboration in software development. It will ensure the development processes remains flawless, efficient, and effective.

8. Kubernetes has evolved significantly

Kubernetes has turn out to be the top growing container technology. Globally, technologists and CIO’s have preferred Kubernetes because of its offerings and it is expected to grow by 2020. This year, we saw the adoption of Kubernetes take off as companies of all sizes embraced containers for running cloud-native apps. In 2020, we will start to see container orchestration software replacing several old DevOps functions.

Solution- How can we help you?

Whether it is all about offering software development services or other services, DevOps has become the inevitable part of any organization. By staying up to date with the newest trends, you set your business up to get the enormous benefits from DevOps.

As an industry leader in DevOps Testing Solution, ImpactQA give holistic agile and DevOps adoption services across diverse domain segments, backed by its dedicated DevOps Continuous Testing practice. We implement a robust plan to manage both resources and testing tools in a new environment and to facilitate continuous testing and delivery.

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