Market Size Archives - Blockchain Insider https://bcinsider.my/tag/market-size/ Blockchain, Bitcoin, Money Wed, 14 Oct 2020 07:08:13 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://bcinsider.my/wp-content/uploads/2020/11/cropped-logo-favicon-blockchain-insider-32x32.png Market Size Archives - Blockchain Insider https://bcinsider.my/tag/market-size/ 32 32 PwC’s Trillion-Dollar to Rethink Blockchain https://bcinsider.my/pwcs-trillion-dollar-to-rethink-blockchain/ Wed, 14 Oct 2020 03:52:50 +0000 http://bcinsider.my/?p=1133 Time for trust: The trillion-dollar reasons to rethink blockchain

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]]> Time for trust: The trillion-dollar reasons to rethink blockchain

Blockchain technology has the potential to boost global gross domestic product (GDP) by US$1.76 trillion over the next decade.

The top five uses driving blockchain adoption

  1. Provenance (potential boost to global GDP by 2030: US$962bn)
  2. Payments and Financial Instruments (US$433bn)
  3. Identity (US$224bn)
  4. Contracts and Dispute Resolution (US$73bn)
  5. Customer Engagement (US$54bn)

Do any of the below apply to your organisation?

  1. Multiple parties share and view common data
  2. Multiple parties update and record data
  3. Verification of records is needed
  4. Intermediaries add costs and complexities
  5. Interactions are time sensitive
  6. Transactions depend on two or more parties

If your answer is ‘yes’ for four or more of these, blockchain could deliver for you and we can work with you on a plan to make it happen.

We’ll help you implement the plan and turn it into a reality.

And finally, we’ll be there after project delivery to support business change.

https://image.uk.info.pwc.com/lib/fe31117075640475701c74/m/2/434c46d2-a889-4fed-a030-c52964c71a64.pdf

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