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Global Energy Sector: Blockchain Application to hit $6.29 Billion by 2024
BIS Research has presented a new market intelligence report dubbed ‘Global Blockchain in Energy Market - Analysis and Forecast, 2018-2024.’ It reveals that blockchain application in the energy market was worth $518.6 million in 2018 and its value will reach $6.29 billion in 2024.
Blockchain Industry Will Be Valued at $21 Billion Globally by 2025, Research Suggests
A research study by Fortune Business Insight, a market reporting and consulting firm, suggests the global blockchain industry will be valued at a mammoth $21 billion in the next five years. The report explored the rise of financial technology and blockchain companies working towards financial inclusion and targeting developing countries and regions to leverage growth. Such regions, incidentally, have witnessed a growth in educated talent in the past decade, and are well-suited to interact with and understanding distributed ledger mechanisms.
Deloitte Tests Remuneration of Its Staff Using Bitcoin
Deloitte one of the most reputable audit firms globally has shown plans of testing BTC payments on its staff for optimal adoption.
Positive Gold Forecast Could Ignite Bitcoin Bull Run, US Stock Futures Rally on Stimulus Hopes
Gold has been trading sideways in the past few weeks, but according to this CEO, the price action is forming a bottom. Holmes predicts that gold will reach $4K.
Allied Market Research: Blockchain Identity Management Will be a $11.46 Billion Market by 2026
Allied Market Research, a US-based research and advisory company, has reported that the worldwide blockchain identity management sector will escalate to $11.46 billion by 2026 from $107 million recorded in 2018. This will represent a compound annual growth rate (CAGR) of 79.2% because blockchain is touted to offer an immutable, interoperable, and unified infrastructure needed in the storage of digital identities.
Deloitte Leverages Zero-Knowledge Proof On New Eduscrypt Platform
Deloitte has partnered with cryptography startup Qedit to leverage zero-knowledge proof privacy tech on its new qualification information blockchain platform.
Bitcoin Price to Reach $100,000 in 2025 as BTC is Increasingly Becoming Digital Gold, says Bloomberg
Bitcoin could take five or more years to reach the price of $100,000, according to Bloomberg’s demand indicators.
Allied Market Research: Blockchain Integration into the Global Retail Market to Garner $11 Billion by 2026
Allied Market Research, a global market research and business firm, has reported that the incorporation of blockchain into the global retail market will garner $11.18 billion by 2026 from $83 million recorded in 2018.
Exclusive: Blockchain at the Stage of Tech Convergence
How does Deloitte Blockchain Lab envision the future of blockchain? Dr. Paul Sin believed that blockchain is at the stage of technology convergence with IoT, big data and artificial intelligence! He also explained the 3 challenges for enterprises to implement their own blockchain and various blockchain auditing services offered by Deloitte.
Blockchain Devices Market to Grow by $1.285 Billion by 2024
Recent research by MarketsandMarkets shows a CAGR of 42.5% for blockchain devices market by 2024. The study was filtered through their report, “Blockchain Devices Market by Type (Blockchain Smartphones, Crypto Hardware Wallets, Crypto ATMs, POS Devices, & Others), Connectivity (Wired & Wireless), Application (Personal & Corporate), and Geography - Global Forecast to 2024.”