By 2022, a blockchain-based business will be worth $10 billion.
Blockchain technology is established as the next revolution in transaction recording. A blockchain ledger provides an immutable, shared view of all transactions between engaging parties. Parties can therefore immediately act on a committed blockchain record, secure in the knowledge that it cannot be changed. Any kind of value exchange can happen in minutes, not days. Blockchain applications can free up cash, reduce transaction costs, and accelerate business processes. While blockchain development is still immature, it is attracting product and capital investment.