The invention of the Internet has led to new technologies that are revolutionizing information sharing, use, handling, and application. Blockchain is a modern innovation characterized by time-stamped data records managed by numerous computers without a single owner. Technologists apply cryptographic chains or principles to secure such data blocks and remain bonded to one another. Such a series of data records are distributed in a free manner without a central source of authority. The literature review presented below describes the possible future trends of blockchain and bitcoin technology, future trends of its application, and the potential implementation in the United Arab Emirates (UAE) private and government sectors. Literature Review Background Information The origin and invention of blockchain technology are attributable to an unknown person called Satoshi Nakamoto. Some analysts and technologists believe that the identity of the expert could be a group of programmers (Weldon & Epstein, 2019). However, the concept of cryptography emerged in 1991 after Scott Stornetta and Stuart Haber conceived an ingenious idea of creating secure timestamps for documents. The adoption of Merkle trees made their original design more efficient and capable of condensing certificates into a single chain or block. Nakamoto went further to improve the model by adopting the Hash-cash model to timestamp data blocks without the need for trustees to sign them. A powerful or difficult parameter was introduced that resulted in the stabilization of the established information sets. This framework would eventually become the basis or foundation of the bitcoin cryptocurrency. This is a public ledger for the major financial transactions executed on the global network (Andoni et al., 2019). Weldon and Epstein (2019) indicate that bitcoin blockchain had already grown exponentially to around 20 GB by 2014. Due to the expanding nature of this ledger, experts argue that it will have exceeded 200 GB by 2021 (Weldon & Epstein, 2019). The efficiency and nature of this invention has encouraged organizations to consider new ways of experimenting with blockchain technology. Future Trends of the Applications of Blockchain and Bitcoin Technology The principles of this technology explain why its applicability in different fields and areas is unavoidable. Depending on the nature of the developed blockchain, stakeholders, users, or parties are in a position to view previous entries while at the same time entering new ones. The existence of complex guidelines explains why anyone would not just add new data or records. A powerful cryptocurrency model is, therefore, in place to prevent the available digital content from being destroyed or forged. Consequently, Leible et al. (2019) believe that future users will find it trustable and capable of supporting trusted transactions. The fact that no central authority is needed explain why their decentralized model remains useful. The integrated and stable nature of blockchain explains why it has continued to support digital currencies. Schackelford and Myers (2017) go further to indicate that such a technology is capable of impacting a wide range of transactions and service provision practices. While thi