Java: the key to blockchain’s success.
Adoption is the biggest obstacle blockchain must overcome if it is to establish itself within the mainstream. Real life usability is often highlighted as the main barrier to huge swathes of industries scaling up and adopting blockchain widely. This is where developers need to focus and can make a huge difference.
It must also mean, by definition, that distributed computing systems have to be accessible to mainstream coders, if this adoption is to be widespread. Therefore, many organisations at the forefront of this technology are avoiding specialist languages and instead choose to run their blockchain projects on Java.
Java is quite simply the most popular and accessible coding language. It is estimated that three billion worldwide devices run off Java, in the main due to it being the platform Android operating systems work off. The size of the developer community is also higher than any other. Therefore, it makes sense that by integrating Java into Blockchain programmes, there is an inbuilt route to market, which is faster than any other.
Of course, Java is unable to drive the technological advancement. It must work with a product or service that is scalable. Bitcoin is currently the most well-known blockchain product. However, this is unable to support a decentralised environment that is often portrayed as the end game. Top performance currently sits at around 20-25 TPS (transactions per second). However often the speeds can go down to less than 5 TPS. Yet in order to meet the expectations of payment systems such as American Express, Mastercard and Visa, speeds will need to be in the thousands of transactions per second. This means that the next generation of blockchain must be scalable.
This scalability must be a synchronised effort. Not only will clear foresight be needed, but so will cutting-edge technology. But more than that, in order to then take this out further, it will need an army of developers to champion, understand and promote it.
In this regard the joining of blockchain programming languages with established languages such as Java, is the first stage on a journey to see widespread adoption. And central to this is the Java community, from the coders and developers through to creators, who hold the key to whether this is ultimately successful.