Blockchain-based solutions to raise $9.2 billion in 3 years, report suggests
15 February 2018
15 February 2018
Companies have invested $945 million on blockchain-based solutions in 2017. This amount will reach $2.1 billion this year, according to the International Data Corporation (IDC), Bitcoin Magazine reports.
According to the report, blockchain spending will grow by 81.2% each year over the 2016 – 2021 period, reaching total of $9.2 billion by 2021.
The United States is expected to be the leader in spending on blockchain-based solutions. The blockchain technology will be actively introduced in trade and services over the country. Companies in Western Europe, China and Pacific Rim are expected to continue investing large amounts in the technology.
2018 will be a crucial stage for business, which will move from the conceptual stage to the introduction of the technology.
Blockchain spending is expected to be the most highest in the banking and financial sectors. The cost is estimated to reach $754 million in 2018.
Experts note that blockchain is not effective for all industries. Therefore, companies should consider all the issues when thinking about blockchain implementation.
December 7, 2017
St George`S Bay, St Julians
Malta will become the hub of the fintech industry in Europe!
Three intensive conference sections:
• Blockchain solutions in practice
• ICO trends
• Panel discussion: Legal and Regulatory Challenges in Blockchain
Our participants are entrepreneurs and experts in legislation, blockchain developers, investors, startup founders, bitcoin enthusiasts, financial specialists and bankers, lawyers, representatives of payment systems.
Why you should attend:
• 20 Top-notch Speakers and many industry experts;
• extensive business program of the Conference;
• 3 intensive conference sections;
• best well-known Sponsors;
• more than 16 outstanding Exhibitors
We will be glad to see everyone at Blockchain & Bitcoin Conference Malta 2017!
Meet new speakers and key news of the conference