Blockchain has emerged as one of the top technologies that will revolutionize business models in a multitude of sectors. The Blockchain Industry now moves at a much more rapid pace than the Internet Industry.
Fortune 500 companies in an expanding number of industries are increasingly interested in blockchain technology through research & development (particularly Proof-of-Concepts), strategic investments and acquisitions.
Annual revenue for enterprise applications of blockchain will increase from approximately $2.5 billion worldwide in 2016 to $60.9 billion by 2024, representing a compound annual growth rate (CAGR) of 49.05%.