What Can Be Built On Blockchain

Blockchain brings digital technology into real-time computing systems management.
Digital technology is dominating the world. The old mainframe digital technology managed data in batches, now digital data is managed in real time over the Internet.

Blockchain brings digital technology into real-time computing systems management. It has the ability to change all aspects of the digital economy, including conducting business, delivering healthcare, shopping, enhancing education and learning, entertainment, and staying connected with a social world.

It is anticipated that global blockchain market will grow to over $60 billion by 2024 as more enterprise /companies adopt distributed ledger technology and mass-use cases appear.

Very much still in the infancy stage, recently, blockchain digital technology has evolved further to aid in conducting financial transactions. Online payments have gained huge traction. Card-based payment methods, credit and debit cards have become dominant. Blockchain supports all these changes by creating an increased speed of transaction processing and greater efficiency in real-time processing.

The following infographics cover the ecosystem and showcase some of the other applications (other than payment) and use cases.