Blockchain: A $2.1 Trillion Boost To Global GDP By 2030 – Report
In the age of growing digitalization, blockchain has emerged as a pivotal force propelling the progress of developing nations. This transformative shift is powered by the integration of cutting-edge technologies, including blockchain, with the capacity to revolutionize traditional economic sectors. By leveraging these technologies, developing countries can achieve improved efficiency, transparency, and innovation within their […]
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A new PwC report claims blockchain technology can add $1.7 trillion to the global economy by 2030, with the Asian continent standing to benefit the most.
Global consulting firm McKinsey & Company has forecasted that the metaverse may generate up to $5 trillion by 2030. In addition, more than 80% of commerce could be impacted by activities in the metaverse.
Metaverse Could Generate $5 Trillion by 2030
Global management consulting firm McKinsey & Company published a report last week titled “Value creation in the metaverse.”
The report details: “Our work began by surveying more than 3,400 consumers and executives on metaverse adoption, its potential, and how it may shift behaviors. We also interviewed....
A new report from global consulting firm McKinsey found that the metaverse could be worth $5 trillion by 2030. Global spending in the metaverse could reach $5 trillion by 2030, according to a new report from international consulting firm McKinsey & Company. Published yesterday, the 77-page report titled “Value Creation in the Metaverse” analyzed current adoption trends and drew additional insight from two global surveys; one gathered data from 3,104 consumers across 11 countries, while the other polled a range of executives from 448 companies across 15 industries in 10 different countries.....
A PwC report estimates that blockchain technology will make up 1.4% of the global economy. A new PwC study found that blockchain technology through its wide range of use cases will potentially add $1.76 trillion to the global gross domestic product in the next 10 years. It would make 1.4% of the global GDP in 2030.The report states that increasing interest in blockchain technology is primarily due to the need for a more efficient system that can integrate trust in processes that depend on intermediaries. In another survey, PwC found that more than 50% of the CEOs believed the faltering....
Stablecoins are rapidly becoming one of the dominant use cases linking crypto and tradfi. Recent forecasts, institutional moves, and regulatory efforts suggest the sector is reaching an inflection point. And now, at least one analysis believes the stablecoin market cap alone could reach $4 trillion by 2030. That’s twice the current size of the entire […]