Over the last few years, some reputable companies like Facebook, Amazon, Accenture, IBM, and Samsung have used blockchain solutions to change security and efficiency. Even LG has entered the space, providing a \u201cfacial recognition service that is utilizing blockchain and AI to make payments in digital currencies.\u201d Here are a few more stats that will let you understand the potential benefits of utilizing blockchain technology in startups and established enterprises. This illustrates the growing importance of Building Blockchain-Based Applications for businesses seeking to leverage innovative technology for improved operations and security.<\/p>\n\n\n\n
According to Gartner, the business value added by blockchain is projected to exceed $360 billion by 2026 and surpass $3.1 trillion by 2030.<\/p>\n\n\n\n
Additionally, the World Economic Forum estimates that up to 10% of global GDP could be stored on blockchains by 2025.<\/p>\n\n\n\n
There would be no surprise about the increasing demand for blockchain applications and the platforms for building blockchain-based application development<\/a>.<\/strong><\/p>\n\n\n\n Table of Contents<\/p>\n<\/span><\/div>\n