While blockchain has come a long way in recent years, it remains a nascent technology
Revenue from blockchain platforms and services is expected to rise from $4 billion in 2020 to a huge $199 billion by 2030, according to GlobalData. The reason for that is businesses seeking to accelerate digital transformation and development spend big on blockchain.
Earlier, GlobalData noted that businesses must make a targeted, tactical digital transformation for companies to survive in the new world. However, the adoption of blockchain has lagged behind that of other emerging technologies.
The adoption of blockchain has lagged behind that of other emerging technologies. The reason is that few understand the technology.
We’ve reported that over half of Germans have never heard of blockchain.