Blockchain can be an elusive concept. Its abstract nature leaves many wondering if this emerging technology is the global catalyst evangelists claim it to be. But blockchain is more of a tool than a catalyst – not a one-size-fits-all, but a new foundation underpinning our everyday tasks. It offers industries a techno-driven facelift with its ability to increase productivity, ensure transparency, and reduce wasted time and paperwork.
Today’s graphic is inspired by a study McKinsey. Their research combines industry-by-industry analysis, expert interviews, and more than 90 distinct use cases to make informed estimates about the projected business value of the blockchain.