Analysts at International Data Corporation predict an increase in the funding of the blockchain several times. According to them, by 2022 the amount spent on technology is money will increase by 75 percent each year. It is reported by Coindesk.
Why do we need the blockchain
Experts forecast published in the Blockchain Semiannual report Worldwide Spending Guide. In the document we are talking about astronomical figures in 2022 only to support the blockchain, the company will allocate a total of 11.7 billion dollars. For comparison: before the end of this year technology plan to spend not more than 1.7 billion.
In addition, decentralized applications on the blockchain will be the fastest growing sector of the software market. The main investors in the blockchain will become banks, and the industry will move forward the global financial sector. For the first half of 2018 in technology has invested 552 million dollars.
Vice President, International Data Corporation Jessica Goepfert argues that in the future we are waiting for practical application of the blockchain not only in the field of Finance.
The technology is gaining momentum in the industry of production of goods and services. Manufacturers want to make sure that the goods will arrive on a precise schedule. Retailers and wholesalers want to be sure that they sell really high quality products. Simple, buyers want more transparency in the whole process of production and delivery of goods.
Among all the world countries more than anything in the blockchain the US spends. The proportion of us companies is 36 per cent of all money invested. At the same time, China also has great potential to take a leading place in the industry.
With the cool applications of the blockchain in real life are introduced in this article.
SUBSCRIBE TO OUR CHANNEL IN THE TELEGRAM. THERE’S MORE INTERESTING NEWS.