#Blockchain #WhatsApp #RailwayMinister

Blockchain market accelerated value creation



Digital transformation is no longer a choice for businesses - it is essential for survival. The global blockchain market size is expected to expand to touch $39.7 billion by 2025, at an effective Compound Annual Growth Rate of 67.3% during 2020–2025 and expectations for 2021 are positive. The pandemic has caused more realistic and pragmatic approaches to blockchain initiatives specifically focused on the day-to-day business “to continue their growth path”. Blockchain projects with clear benefits are expected to do that next year at an even faster pace. There has also been an uptick in the number of companies interested in participating in networks that specifically help to address some of the supply chain issues that the pandemic has put forward.

The first half of 2021 has seen an acceleration of value creation in the blockchain space, including the maturation of blockchain companies some of which are now ready to be public companies either through traditional IPOs or SPAC demergers. It is exciting to see many hardworking blockchain teams seeing their work being rewarded in this data. Blockchain technology is very likely to make the most transformative and dramatic changes in the way businesses function, during the coming years. Many industries are therefore intensively looking at blockchain as a helpful tool to become all the more digital. According to Gartner more than 40% of the surveyed corporates have at least one blockchain pilot running. They predict that 30% of global projects will make it into production, partly due to the impact of the COVID-19 pandemic. The majority of networks that transition from pilot to production will thereby run on private enterprise blockchain platforms.

Today's Headline in NewsHours
0:00 Intro
2:09 #WhatsAPP will not enforce it Privacy policies until #PDPbill comes into force
2:36 #Asu.