The blockchain industry, although volatile and nascent, has made significant progress in a short span of time, driven by remarkable innovation. Global blockchain platform and services revenue is set to grow from $12-billion in 2023 to $291-billion in 2030.
This trend is supported by a growing understanding that blockchain’s applicability is not universal and that a robust digital infrastructure is crucial for its successful deployment. Nilsson adds: “These trends highlight that while enterprise adoption advances steadily, the public blockchain space remains dynamic.”
However, the benefits are particularly apparent for illiquid physical assets such as real estate, precious metals, and fine art.
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