Blockchain Use Cases to Watch in 2022
Blockchain technology was first introduced in October 2008 as the distributed ledger behind bitcoin transactions. Today, global spending on blockchain is forecast to reach nearly $19 billion in 2024. How did the technology at the heart of cryptocurrencies take on a life of its own? Based on decentralization, transparency, immutability, and automation, blockchain technology has a variety of use cases and can be applied across various industries. Here are the most interesting use cases and applications of this ever-expanding technology in 2022.