IBM: Blockchain Economy Will Hit $3.1 Trillion

[manlyxman]

"At IBM’s Think 2018 conference in Las Vegas, Nevada, the computing giant pushed for businesses to break out and adopt blockchain technologies.

Company leaders say the emerging technology is triggering a global movement effecting “supply chains, financial services, government and healthcare” as leaders experiment on active blockchain networks to redefine the fundamentals of business transactions.

IBM also highlighted its development of the world’s smallest computer, which was designed to help companies integrate the blockchain by verifying the authenticity of goods as they are shipped around the world. The chip is smaller than a grain of rock salt and costs less than 10 cents to make."

https://dailyhodl.com/2018/04/03/ibm-touts-3-1-trillion-blockchain-future/

If you weren't convinced that blockchain was the future.

Can't wait till more industries and companies start adopting blockchain.

[Xioma]

Important to note this part - "research from Gartner which estimates the value-add of the blockchain economy at just over $176 billion by 2025, with a run-up to over $3.1 trillion by 2030."

While I do strongly believe in blockchain, 2030 is still far away.

[LeroyBro]

Important to note this part - "research from Gartner which estimates the value-add of the blockchain economy at just over $176 billion by 2025, with a run-up to over $3.1 trillion by 2030."

While I do strongly believe in blockchain, 2030 is still far away.

Either way good news and I expect more positive news regarding blockchain in the future (even before 2030).

[slaman29]

Good to note the many years in future, it might seem like a downer for today, but since we're all holders (right?), we should be happy to see people think blockchain and crypto will be around for more than a decade more. IBM, no less, and that piece of hardware they got going might be amazing to see today, we'll think of it as normal in ten years.

Nothing wrong with solid and realistic estimations!

[Aminmon]

Although the current cryptocurrency market is in a downward trend.
But more and more international companies are starting to focus on cryptocurrency markets and blockchains, which is a good thing in the long run.

[coinswebid]

when blockchain tech being implementated in many aspects,
i believe soon or later that pediction will be right,

[cryptohunter]

those number seem quite conservative i would say

by 2020 i would hope to see those kind of numbers if adoption is steady

the painful but essential regulation phase is here now but onward and upward after that

[xiaoyum]

It is very realistic guess so I can agree fact that cryptocurrencies will reach that trillion dollar market cap. 2030 is very long time yes and I think it will happen lot earlier, possibly in 3 or even 5 years at maximum.

[shandiem14]

2030 is too long for me, may around 2020 I guess coz internet its spreading worldwide we all know that blockchain can help the economy more flexible. Trillion cap is coming our way maybe next year or next 2 years believe me it's going to be a different situation.

[cryptotsunami]

I won't be surprise if that happened. Blockchain technology cannot be stop, no government or entity could stop it like the the internet. This news will also a big sign of an incoming bullish market this year.

[debuni]

But notice that IBM are talking about Blockchain as technology. They are not referring Bitcoin or crypto-currencies at all.

Many big companies are now using blockchains for reducing business costs because it's one wonderful technology, but they will not accept cryto's anytime soon.

[Carina.P]

But notice that IBM are talking about Blockchain as technology. They are not referring Bitcoin or crypto-currencies at all.

Many big companies are now using blockchains for reducing business costs because it's one wonderful technology, but they will not accept cryto's anytime soon.

Yes, the block chain technology is actually separate from the coin in their eyes. There is no direct connection. That's why a lot of companies don't talk about it.

[davinchi]

Important to note this part - "research from Gartner which estimates the value-add of the blockchain economy at just over $176 billion by 2025, with a run-up to over $3.1 trillion by 2030."

While I do strongly believe in blockchain, 2030 is still far away.

Either way good news and I expect more positive news regarding blockchain in the future (even before 2030).

I feel the good news are already popping up gradually and most big organizations and countries are already looking at how to integrate the blockchain idea. It is a brilliant one and it feels good to know that we are early to be a part of this growth and as time goes on, it would mean a whole lot obviously for the blockchain economy which I believe 2030 is a long time before we even started seeing manifestations.

Everyone who understands blockchain by now would have known already that blockchain is the future and even the governments are not denying that fact, and I personally cannot wait to see how blockchain ends up changing a lot of things. Not like I will be surprised if what OP states does happen as the hand writing is all over the wall already and by then, I wonder what the whole cryptocurrency market would have been like as a whole.

[hiddenmist]

"At IBM’s Think 2018 conference in Las Vegas, Nevada, the computing giant pushed for businesses to break out and adopt blockchain technologies.

Company leaders say the emerging technology is triggering a global movement effecting “supply chains, financial services, government and healthcare” as leaders experiment on active blockchain networks to redefine the fundamentals of business transactions.

IBM also highlighted its development of the world’s smallest computer, which was designed to help companies integrate the blockchain by verifying the authenticity of goods as they are shipped around the world. The chip is smaller than a grain of rock salt and costs less than 10 cents to make."

https://dailyhodl.com/2018/04/03/ibm-touts-3-1-trillion-blockchain-future/

If you weren't convinced that blockchain was the future.

Can't wait till more industries and companies start adopting blockchain.

We expect it to happen because there is no one that can stop the blockhain technology from growing. It will surely boom few years from now. Financial institutions and even big companies are now starting their own research and position their company to a new technology because competition is just a few yards away.

[normensky012]

"At IBM’s Think 2018 conference in Las Vegas, Nevada, the computing giant pushed for businesses to break out and adopt blockchain technologies.

Company leaders say the emerging technology is triggering a global movement effecting “supply chains, financial services, government and healthcare” as leaders experiment on active blockchain networks to redefine the fundamentals of business transactions.

IBM also highlighted its development of the world’s smallest computer, which was designed to help companies integrate the blockchain by verifying the authenticity of goods as they are shipped around the world. The chip is smaller than a grain of rock salt and costs less than 10 cents to make."

https://dailyhodl.com/2018/04/03/ibm-touts-3-1-trillion-blockchain-future/

If you weren't convinced that blockchain was the future.

Can't wait till more industries and companies start adopting blockchain.

It will definitely be adopted by more industries. As the strong force of disruption is underway. These newly created industry is bringing a new innovation to new heights. They can't fight the inevitable, change is inevitable. When internet spark, traditional business models have vanished if they don't adapt to the change. Same will happen in the rise of blockchain in more industry, those who will not adapt to the change will surely die. IBM is the very first giants who took notice of the potential and now starting to offer business products in relation to the use of blockchain.

[yomarve]

While I like the sound of that,  the numbers to back it up is very important.  Sadly the way the big guns are doing now, small time investors may not be able to join good projects

[seo-maestro]

When?! Crypto market is on dips now - when $3.1 Trillion? We need the fuel for lambos)

[AshCoins]

IBM has made a ton of money since mining crypto became a thing.  Of course they would love to see that continue.  Doesn’t mean they’re wrong though...

[masterrex]

IBM: Blockchain Economy Will Hit $3.1 Trillion


Its highly Possible  as we can see now, Blockchain mass adoptation is at hand Im sure in the near future Blockchain technology Combine market maybe bigger than current estimates by IBM?

[valnd]

Wow this is a great news for the whole crypto space, I strongly believe in cryptos, cryptos will really make the believers rich in the future to come. Don't be afraid or panic about what is happening now, what is happening now is best for the cryptos, it needs to be regulated, after the whole regulation cryptos will moon with great speed.