Crypto Funding Summit New York

Real world use cases for blockchain abound in the enterprise.

Spending by enterprises and other entities on blockchain networks is expected to reach $2.1 billion this year, more than double what was spent on the distributed electronic ledger technology in 2017.

By 2021, spending on blockchain is expected to reach $9.2 billion.

The U.S. will lead the world in blockchain investments, accounting for 40% of spending, followed by Western Europe, China and the Asia Pacific region (not including Japan), according to a report from IDC.

Enterprises are interested in these blockchain capabilities mainly to: