This IDC FutureScape provides the top 10 predictions for the burgeoning blockchain market and looks at some areas where blockchain's alterations of business processes and models will have significant impact. The predictions are built around a set of "key drivers," trends that are affecting not just technology but also businesses, regulation, and even culture. These drivers are listed at the beginning of the report in descending order, selected based on which most frequently affect individual predictions at the top of the list. These drivers are covered more thoroughly at the end of the report.
"Blockchain is still widely discussed enthusiastically among both technology vendors and buyers, more so after the crash of the cryptocurrency market. Now, the true benefits of the technology are starting to get attention," says Jeff Xie, senior market analyst, Security and Blockchain Research, IDC." This report provides a view of how blockchain technology in Asia/Pacific (excluding Japan), or APEJ, will progress, based on the research of our analysts currently evaluating blockchain, its potential and its likely effects across government, financial services, healthcare, and many more industries."