58 Industries, Including Banking, Subject To A Blockchain Facelift
The annual global spending on DLT solutions will surpass $16 billion/year by 2023 suggests CB Insights, which published research entitled “Banking Is Only The Beginning: 58 Big Industries Blockchain Could Transform” last month. The accredited business intelligence firm presents fifty eight industries, including banking, that are already being facelifted by blockchain technology.
Of course, the research is not limited to 58 industry titles only, but it provides in-depth analysis of how each industry already utilizes blockchain and what are the potential growth room in each case. One could argue this is mere speculation, but considering how fast and how widespread blockchain became among industry leaders it doesn’t sound as surprising as appears at first glimpse.