The market for blockchain technology will be worth USD 4.94 billion by 2021. It is expected to grow at 77.80% from 2023 to 2032.
Demand is growing
TripleA, a global provider of cryptocurrency solutions, estimates that more than 300 million people will own or use cryptocurrency by 2021. Due to the benefits of blockchain, including the protection of sensitive data and cost-savings, as well as improved efficiency, market growth is on the rise. Many government agencies, including the Department of Homeland Security in the U.S., request blockchain-based applications to increase their data security.
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DHS has funded startups’ research and development of new cyber security methods using blockchain technology. The COVID-19 epidemic is expected to impact market growth during the forecast period positively. Due to the COVID-19 pandemic, e-commerce businesses will likely...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...