Thursday, 7 March 2019

Blockchain spending to reach $ 3 billion in 2019


Blockchain spending to reach $ 3 billion in 2019


Investments towards the blockchaine, which is one of the most popular technologies of the last period, continue full throttle. According to reports in the Blockcha Platform of Turkey, international consulting firm International Data Corporation (IDC) according to the latest report, expenditure on the blockcha technology on a global scale will find the 2.9 billion dollars in 2019. In the report called eki Worldwide Semiannual Blockchain Spending Guide hazır prepared by IDC, the analysis of the developing blockchain market evaluated 10 technologies in 19 sectors and 15 usage data in 9 regions.

'4 YEARS EXPENSES WILL FIND 12.4 BILLION DOLLARS'

According to the data of the report, the total amount of expenditures for blockchain solutions in 2019 will reach a total of 2.9 billion dollars. This means an increase of 88.7 percent over the previous year spent on $ 1.5 billion in blockchain technologies. Blockchain expenditures are expected to reach $ 12.4 billion in the period between 2018 and 2022.

'LET'S SHARE IN FINANCE WITH 1.1 BILLION DOLLAR'

The largest share in spending on Blockchain technology is the financial sector with an investment of over $ 1.1 billion. The finance sector is followed by the production sector with an expenditure of $ 653 million. According to the report, when the expenditures are evaluated regionally, the US is expected to be the largest spending region with an expenditure of approximately $ 1.1 billion. The US is followed by Western Europe and China with investments of $ 674 million and $ 319 million, respectively.

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