Blockchain stats, facts, & trends in 2019 and beyond — from yourtechdiet.com by Brian Curtis
Blockchain Predictions for 2019 & Beyond
- Market value projection of the blockchain industry will be $60 billion by 2020.
- By the end of 2019, global spending on blockchain solutions is projected to reach about 2.9 billion U.S. dollars and also projected to reach 11.7 billion by 2022.
- In 2022, the U.S’ expenditures on blockchain solutions is projected to reach 4.2 billion U.S. dollars, thus making it the largest spender.
- Finance is the biggest Blockchain value sector with a market share of 60.5 percent.
- The market value of blockchain in the food and agriculture market, globally, is projected to climb 1.4 billion U.S. dollars by 2028.
- In a research, 30 percent of respondents considered China to be the territory leader in blockchain technology development from 2021-2023.
- The blockchain spending of China is forecasted to grow to 1.42 billion U.S. dollars by 2022.
- The blockchain market value in South Korea is forecasted to reach 356.2 billion by 2022.
- It is projected that, by 2025, 55 percent of healthcare applications will adopt blockchain for commercial deployment.
Also see:
- Is Blockchain Technology a Blessing in Disguise for Education? — from yourtechdiet.com by Brian Curtis
- AWS Blockchain-as-a-Service: Blockchain-without-the-Overhead — from futurumresearch.com by Fred McClimans
Excerpt (emphasis DSC):
Smart contracts for financial, real estate or insurance, where digital contracts can evolve and change according to actions written to the blockchain (such as the transfer of an asset from one entity to another, which triggers an updated contract with new ownership and new follow-on actions, e.g. auto leaves the showroom floor triggering a financial transaction, an ownership change, and a new insurance contract). - 9 Universities to Collaborate on Digital Credentials Initiative — from campustechnology.com by Rhea Kelly