Digital Currency, Bitcoin and Blockchain Technologies Advance, Business and Industry Trends Analysis

Blockchain is a revolutionary technology that creates a tamper-proof and lasting record (you might call it an electronic accounting journal, or a distributed ledger) of transactions with a very high level of encryption designed to deter hacking or alterations.  It works on a peer-to-peer data communication basis.  According to International Data Corp. Distribution, corporate spending on blockchain software was expected to reach $2.1 billion in 2018, compared to $945 million in 2017.  Spending in 2019 is forecast to reach $2.7 billion. Blockchain initially gained notoriety as the enabler for the bitcoin digital currency (a virtual repository of wealth that some…

A Representative List of Organizations that Have Used our Research and Products: