From Maersk to Codex: Four Non-Crypto Blockchain Opportunities

According to Custom Market Insights, the blockchain market is currently valued at $5 billion and is expected to hit $69 billion by 2030. Not all of this growth will come from areas typically associated with blockchain, such as digital finance. Instead, a set of non-crypto companies have started to use the technology to secure valuable data and assets.

Strong blockchain technology applications have a key similarity, according to Oxford’s Saïd Business School’s Blockchain Strategy programme. The data they secure and compute has real economic value. In other words, the network’s participants save or make money, which means they’re willing to pay a minor transaction fee to operate the platform.

Source link

Tags: No tags

Add a Comment

Your email address will not be published. Required fields are marked *