The distributed database systems forming the basics of the blockchain technology have been and will continue to disrupt traditional transaction mechanisms. Impacting not only the financial industry, but also other industries such as healthcare, real estate, education, music and entertainment to mention a few. Blockchain Technology also brings trust to all parties due to its immutability characteristic. Investments in Blockchain are predicted to continue to grow exponentially with the cryptocurrency market alone currently estimated at US$ 400 billion.
“10% of the world GDP will be built on Blockchain Application by 2025.”