By 2024, the blockchain market is estimated to reach $20 billion. This emerging technology has opened up a new can of worms for hundreds of new industries which could see benefit from it.
As I was scrolling through all the latest updates on the crypto world today, an interesting concept from CCN caught my eye. The story goes that blockchain can benefit not just big conglomerate businesses but the working class as well. Thanks to blockchain, the working-class, like you and I, have higher salaries and more investment opportunities to look forward to.
According to a press release:
“The demand for professionals with blockchain knowledge in various fields has risen by a massive 300%. In the US, the average salary is pegged at about $52,000, compared to the average blockchain salary is roughly $84,000. That’s a 61% difference.”
Blockchain university courses are growing, no matter how slowly, as the technology continues to be a major force for disruption across several industries.
Blockchain allows your average Joe to invest in the early potential of private firms and collectables that were once not an option for the working class.
It’s not just new businesses that are diverting major resources into exploring blockchain technology, even leading MNC’s are adding blockchain to their workflow. The retail giant, Walmart takes advantage of distributed ledger technology for example. This helps them keep track of supply chains for transparency and accountability. They also have taken part in numerous rounds of drug-tracking pilot programs in an effort to ‘ramp up’ enhance pharmaceutical tracking capabilities.
Blockchain is very much trying to improve the lives of everyone, not just the middle to upper classes. Blockchain can open several doors of opportunity based on this fascinating tech. It will be interesting to see how blockchain plays out in the future. For more news on this and other crypto updates, keep it with CryptoDaily!