$12 Billion in five years on blockchain technology

That’s how much industry will spend untill 2022 to develop solutions based on blockchain-based solutions IDC Consulting Company report. As expected, the average annual growth rate of costs for blockchain-technology will be 73.2%.

The leading position in future developments will be retained by the United States – today this country get one-third of the world’s investments pie in blockchain-based solutions. As soon as US regulators begin to introduce crypto-currencies and blockchain technologies into the legal field, the motivation for additional injections into the industry will also increase. Western Europe is the second region in terms of spending on blockchain, followed by China and Asia.

In a nearest future blockchain can significantly transform asset management mechanisms, provide much-needed transparency in the supply of goods and services, and also revolutionize logistics.

How quickly it will happen – time will show.

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