Tech Talk: Blockchain
The size of the global blockchain market was $11 billion in 2022, and is projected to grow to $469 billion by 2030, a CAGR of 60%, according to Fortune Business Insights. The growth of the blockchain market is being driven by the increasing adoption of blockchain technology in a wide range of industries, such as financial services, supply chain management, healthcare, and government. Simply put, a blockchain is a distributed ledger that records transactions across a network of computers. Each block in the chain contains transactions, and every time a new transaction occurs on the blockchain, a record of that transaction is added to every participant’s ledger. The decentralized database managed by multiple participants is known as distributed ledger technology (DLT). Blockchain is a type of DLT in which transactions are recorded with an immutable cryptographic signature called a hash. Blockchain and Bitcoin are two different things, even though they are often confused with each other. Bitcoin is a cryptocurrency, while blockchain is a DLT. Some of the key trends in blockchain include decentralized finance (DeFi), non-fungible tokens (NFTs), enterprise blockchain adoption, green blockchain, privacy-preserving blockchain, cross-chain interoperability, and blockchain governance. There are a number of vendors in the blockchain market. Some of the leading vendors are trillion-dollar multinationals and some are startups, including Amazon (AMZN), Microsoft (MSFT), IBM (IBM), Ripple (private), and Hyperledger (open-source project). Tech Talk consists of short discussions of the technical issues surrounding a technology investing topic. See previous editions of Tech Talk and other WTR technology reports here.
Water Tower Research is built on the foundation of democratizing information flow. We bridge the growing information gap between companies and investors through our investor engagement strategies and open-access research platform.
Our research analysts are Wall Street veterans with the experience and knowledge to work with companies and investors in tandem. We provide access to the information and content that anchors the due diligence process for both professional money managers and individual investors. We leverage traditional research distribution channels and the best of modern digital strategies and tactics to amplify this information flow globally to engage all categories of investors and stakeholders.
Information flow is the foundation for creating investor awareness, knowledge, and engagement. Our mission is to help companies and investors have the tools they need and achieve their goals.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.