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Cisco: Global Blockchain market will be worth $10 billion by 2021

Published 03/26/2019, 07:08 AM
Updated 03/26/2019, 07:12 AM
© Reuters.

  • Cisco’s report stated that the blockchain has the ability to hold 10% of the world’s GDP by 2027.
  • Cisco’s report stated that the sheer potential of the blockchain technology lies in its ability to “automate trust.”

Cisco (NASDAQ:CSCO), one of the largest tech conglomerates in the world, released a report on the company’s enterprise-oriented blockchain platform, which made the following interesting observations:

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