Someone told me last week, during the information session of the China-Spain Start-up context, that blockchain technology is really the new great technological revolution nowadays.

Even though I’m not entirely sure, I want to share some data that can give an idea of the size of this market.

  • Estimated size of the blockchain global market in 2024: $ 20B
  • Amount of money raised by the blockchain startups in S12016: $ 290M
  • Estimated amount that financial and technology companies have invested in blockchain in 2016: $ 1.4B
  • This technology is estimated to save banks 30% of infrastructure costs
  • IBM is dedicating 1,000 employees to blockchain projects

(source: Craig Smith, http://expandedramblings.com/index.php/blockchain-statistics/)

If you want to know more about blockchain technology, this video can help you