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Dakshata
Dakshata

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BLOCKCHAIN the emerging trend

This is a submission for the 2025 New Year Writing challenge: Predicting 2025.

What is Blockchain?
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In a simple language, Blockchain is secure digital Technology that creates an unchangeable record of transactions. The global blockchain technology market size was valued at USD 17.46 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 87.7% from 2023 to 2030.

  • Trend Analysis
  1. It has got Advance Privacy Feature which is the biggest concern in today's era.
  2. Transparency which is the most important factor to grow at rapid pace.
  3. Suitable Environment which made it easier to get accepted by countries like Switzerland and Singapore.
  4. Easy Adoption, BaaS (Blockchain-as-a-Service) enables companies to deploy blockchain Technology without complex infrastructure, easier to handle.
  • Specific Tools

    • Development Frameworks:-

    1.Truffle Suite
    2.Hardhat
    3.Embark
    4.Quorum

    • Programming Languages:-

    1.Solidity
    2.Rust
    3.Go
    4.JavaScript

Companies that use this Technoloy are HSBC, VISA, SIEMENS, Walmart, EHIHAD Airways, British Airways ...and many more.

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