Published On: Thu, Feb 8th, 2018

Report Suggests Global Spending on Blockchain Tech Could Reach $9.2 Billion by 2021

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Blockchain technology can revolutionize the way in which businesses provide services to both consumers and to other organizations. From building digital trust over a completely transparent ledger, to allowing participants to quickly interact via a peer-to-peer network, blockchain technology is proving to be a solution that will drive the next phase of digital transformation. This in mind, enterprises and companies are spending more money than ever before on blockchain solutions. According to IDC’s inaugural Worldwide Semiannual Blockchain Spending Guide, $945 million was spent on blockchain solutions in 2017. The report notes that this amount is expected to reach $2.1 billion …

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