Same as that we had internet bubble during 1990s, now we've been into the blockchain boom. This can't be stated as a boom, it is the period of blockchain adoption. Almost every sector has integrated their services along with blockchain technology. Most were in the early stage of development, and it isn't easy as the traditional methods of development. Developing a blockchain requires lot things to be considered, and developers find it hard as most weren't used to it.
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With blockchain technology into usage every sector serves to function in a much efficient way than the traditional system. Let us take the automotive industry into consideration. When blockchain technology is used, each and everything associated with an automobile can be managed in a better way. In particular the taxation, insurance, loans associated with the automobile, emissions, and more other. Through blockchain technology the car owners too can benefit with paying only for what they've used. Simply road taxes were collected even if the car isn't used for a long. Through blockchain technology in a much effective manner one can pay for what is being used.
What is the opinion on the growth of blockchain technology in the global economy.