CB Insights April 2, 2020
The future of blockchain is near and banking isn’t the only industry affected. See how law enforcement, ride-hailing, and others could also be impacted.
Banking isn’t the only industry that could be affected by blockchain tech. Law enforcement, ride-hailing, and many other sectors could also have blockchain in their futures.
What began as the basis of cryptocurrencies such as Bitcoin, blockchain technology — essentially a virtual ledger capable of recording and verifying a high volume of digital transactions — is now spreading across a wave of industries.
Blockchain tech has gone far beyond its beginnings in banking and cryptocurrency: Annual global spending on blockchain applications has almost tripled since 2017. Annual spending on blockchain solutions will reach nearly $16B by...
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