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Monday, April 29, 2024

Blockchain trends in 2021: recovery anchored by trust

The Covid-19 pandemic has completely transformed the way we live, work and interact with one another. Across the globe, more and more day-to-day activities are taking place online, further accelerating the digitisation of all sectors. In this context, fostering and maintaining trust between multiple parties becomes increasingly valuable.

Blockchain, with its tamper-proof and distributed nature, is a key to strengthening trust in this increasingly digital environment. This trend is evidenced by ever-growing global investment in blockchain solutions, which is forecast to reach US$15.9 billion in 2023, ten times more than the $1.5 billion invested in 2018.

In Southeast Asia, businesses are feeling optimistic too, with 45% of companies believing that blockchain technology growth will accelerate with more applications and…

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