A new ResearchandMarkets report suggests blockchain technology will boost the global GDP by almost $2 trillion by 2030. The firm also projects the global market for blockchain tech will reach $30.7 billion by 2027. Although many IT budgets were slashed as a result of the COVID-19 pandemic, technologies under the IoT (Internet of Things) umbrella, including automation, AI (artificial intelligence), and blockchain, are going to be a critical part of how businesses move forward in a post-COVID era.
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Original article: Blockchain Transforming Industries on Its Way to Mainstream
Author: Connected World Staff