From Maersk to Codex: Four Non-Crypto Blockchain Opportunities

From Maersk to Codex: Four Non-Crypto Blockchain Opportunities

According to Custom Market Insights, the blockchain market is currently valued at $5 billion and is expected to reach $69 billion by 2030. Not all of this growth will come from areas typically associated with blockchain, such as digital finance. Instead, a series of non-crypto companies have started using the technology to secure valuable data and assets.

Strong uses of blockchain technology have an important similarity, according to Oxford’s Saïd Business School’s Blockchain Strategy program. The data they secure and calculate has real economic value. In other words, the network participants save or earn money, meaning they are willing to pay a small transaction fee to operate the platform.

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