A new report published by the International Data Corporation expects spending on blockchain solutions to increase annually at a growth rate of nearly 75 percent through 2022.
Dubbed the “Worldwide Semiannual Blockchain Spending Guide,” analysts at the firm expect total spending on projects in the blockchain industry to hit $11.7 billion in 2022 alone, compared to the $1.5 billion expected to be spent in 2018.
The report further added that “blockchain platform software will be the largest category of spending outside of the services category and one of the fastest growing categories overall, along with security software.”
This spending trajectory is largely expected to be led by the financial sector, with banks being early adopters of the technology.
The report explains that data shows a total of $552 million was spent on blockchain by the financial sector alone in 2018.
Thursday, November 17, 2022: After the incredible success of World Blockchain Summit Dubai, The Athenee Hotel, Bangkok is all set to host the 23rd global edition of the World Blockchain Summit on the December 8-9, 2022.
Vertex Events has organized the 1st Ever Blockchain Summit in the History of the World EXPO on October 10-11, 2021 at Dubai Expo 2022. A two-day Blockchain Dubai Summit 2022 in Grand Hyatt is going to become the leading gathering of senior decision-makers discussing the impact of blockchain and crypto technologies on industries.
6,000 participants and 100 exhibitors are anticipated at the Blockchain Life 2022 global forum on cryptocurrencies and mining. Blockchain Life 2022, the 9th International Cryptocurrency...
The Asia/Pacific, excluding Japan, is expected to increase their spendings on Blockchain solutions to over $2 Billion by 2022 according to an April 23, 2019 report by the International Data Corporation.
Regardless of their attitude towards cryptocurrencies, governments and companies around the world have a firm belief in the underlying blockchain technology. This belief was reflected in MarketsandMarkets’ recent research report, which claims that the blockchain market will grow at the rate of 79.
Imagine an
enhanced field of vision — one which allows us to seamlessly interact with
others, through the use of our hands and without dependency on a screen.
Imagine an
enhanced field of vision — one which allows us to seamlessly interact with
others, through the use of our hands and without dependency on a screen.
The Ministry of Science and ICT of South Korea revealed a Blockchain Technology Development Strategy on June 21st earmarking a total of 230 billion Won (over of $200M USD) for the development of blockchain-based technology.
The Ministry of Science and ICT of South Korea announced its blockchain technology development strategy on June 21. The government aims to provide 230 billion won (~$207 million) for boosting development of distributed ledger technology in the country.
Despite recent exchange hacks, the blockchain industry continues to thrive in countries worldwide. On June 21, 2018, the South Korean government announced intent to invest over $200 million into blockchain initiatives by 2022.
South Korea’s Ministry of Science and ICT has launched a major Blockchain Technology Development Strategy that aims to raise 230 bln won (~$207 mln) by 2022
Тим Дрейпер, известный миллиардер, в своем интервью предсказал, что криптовалюты биткойн будет стоить около 250000 к 2022 году.
Сообщение Тим Дрейпер: фиатные деньги – это прошлый век появились сначала на Freedman.