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Blockchain, Dapps
Blockchain effectively liberates data that was previously kept in safeguarded silos.
It also makes data tampering practically impossible. This has led to wide adoption of Blockchain in different industries.
Rise of cryptocurrency (Eg. Bitcoin) is an example of widespread Blockchain adoption.
The blockchain market expected to grow from $1.2 billion in 2018 to $23.3 billion by 2023, at an impressive Compound Annual Growth Rate (CAGR) of 80.2% during 2018–2023

The growth in market for blockchain is attributed to transparent and faster transactions between entities, including BFSI Fastest growing verticals would be: Government (Public Sector), IT and Telecommunications, Retail and eCommerce Untapped Opportunities lie in emerging markets APAC and MEA.

BLOCKCHAIN EXAMPLES ACROSS INDUSTRIES

  1. Citizen Services – Provisioning Digital Identities
  2. Retail – Encouraging and Ensuring Ethical, Sustainable Consumption
  3. Life Sciences and Healthcare – Enabling a Single Source of Truth
  4. Automotive and Manufacturing – Managing Physical Assets with Blockchain
  5. Energy – Eliminating Marketplace Inefficiencies
  6. Blockchain in Logistics – Unlock value, Faster and leaner logistics, Transparency and traceability in supply chain, Smart Contracts

How to get started:

To get started, there is need to identify whether there is use case of Blockchain or not. Fastcurve can help by using its streamlined usecase identification process. Thereafter, knowledgebase and expertise can be leveraged to build product.

Fastcurve is working on Smart Contract to help build solution which can enable contractual agreement streamlining. Contact Us to know more.

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