Analysis of the nuts and bolts of blockchain industry By BTC Peers – Investing.com

Analysis of the nuts and bolts of blockchain industry By BTC Peers – Investing.com

© Reuters. Analysis of the nuts and bolts of blockchain industry

Blockchain is a source of untamed potential for multiple industries. Apart from the possibility to transcend geographical boundaries and attract clients from all across the globe, blockchain-based services may as well be the tipping point in terms of their security, privacy, smart contract and automation capacities, as well as the possibility of leveraging them with other advanced technologies – AI and Big Data. Moreover, by giving clients the possibilities to earn on blockchain mining as well as the coin trading profit, blockchain could forever revolutionize lifestyles due to the unprecedented amount of technological freedom.



According to the data of market research, the size of the global blockchain market is expected to reach the figure of $72 billion by 2026, with a corresponding growth of 51.8% CAGR. In fact, some of the major banks and government institutions have started actively ingraining this trend into their daily practice, showing the first signs towards the main-stream adoption. The blockchain technology also appeals to those who are based in remote and technologically disadvantaged areas of the world, where it could bring a real innovation in terms of the provision of services and the subsequent possibility