Experts Share: What Are the Biggest Crypto and Blockchain Topics to Follow in 2020

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Robert Schwertner, Influencer

I see exciting developments in applications in the fields of mobility, energy and real estate: The Austrian blockchain specialist Riddle&Code developed a “Car Wallet” for Mercedes Benz. It is planned that the Car Wallet will be installed in new models in 2020. This means that in the future, cars will be able to pay for their services themselves, such as parking fees, tolls, refueling/loading, insurance, etc. A revolution and an important milestone for autonomous driving. And cars built in 2020 will be on the road for the next 30 years, so it is obvious to build a car wallet already, who knows what the world will look like in 2050. So, it’s better to be prepared in time. Bravo Mercedes!

Rumors persist that Korea’s largest car manufacturer Hyundai will start its own blockchain in the first quarter of 2020. A courageous step! In Korea, the over-competitor Tada-Drive will also record more than 1 million trips in 2020. This will be the first time that a blockchain startup will put an internet giant Uber in trouble. Because why should we deliver 15% of the driving fee to an internet company when we can book directly with the driver. Makes the trip cheaper and the driver earns more. And it shows that blockchain is restoring social contacts as they belong. We don’t give our money to the company, but directly to the driver of a taxi. I think this is a very nice development, it pushes back the supremacy of the all-dominant internet companies. We can expect more attacks from blockchain ventures. What I think is missing in the mobility industry: a uniform blockchain standard. And that will still not come in 2020.

The Energy Web Foundation has developed a special energy blockchain, and Siemens is on board. British Petrol is testing this blockchain. And in Slovenia, they are already trading on blockchain energy, the project is called “suncontract.org” and has over 10,000 active users. Especially in the energy sector, we will see further major developments in 2020.

In the real estate sector, which is already known as in-mobile — i.e., less mobile — cryptocurrency can provide improved access. In 2020, I expect numerous new projects that offer smart hybrid solutions for buildings — e.g., new rent/ownership models, “apartment wallets” and simplified operating cost accounting. The potential for innovative solutions with blockchain is enormous. Blockchain solves a basic problem: the transfer of values via the internet. Real estate is particularly suitable here because complicated and expensive trustee payments make life difficult for users. Here, I have also supported projects with my consulting company CryptoRobby. 

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