0
0
Cryptocurrencies: 12,870
Markets: 940
Marketcap: $ 2.06 T(0.18%)
24h Vol: $ 77.17 B
BTC Dominance: 48.69%

Table of contents

The Rise of Enterprise Blockchain: Exploring Ethereum’s Growth and Real-World Use Cases

Key Points:

  • The global blockchain market is expected to generate $94 billion in revenue by the end of 2027, with a compound annual growth rate of 66% from 2022 to 2027.
  • Paul Brody, global blockchain leader for Ernst & Young (EY), believes that the Ethereum network will drive the most growth for the enterprise blockchain market.
  • Brody’s book, “Ethereum for Business,” aims to help non-technical executives understand how and why Ethereum applies to specific use cases.
  • The book covers foundational concepts like distributed ledger, programmable ledger, and consensus algorithm, as well as terminology like wallets, tokens, and smart contracts.
  • Brody also discusses privacy considerations, real-world use cases in tokenization, supply chain management, contract management, carbon emission tracking, and payments.
  • While the book focuses on enterprise Ethereum, readers should remember that there are other blockchain networks available for businesses.

Hot Take:

“Ethereum for Business” by Paul Brody provides a comprehensive overview of the Ethereum ecosystem, explaining key concepts and showcasing real-world use cases. This educational resource is essential for driving mainstream adoption of blockchain technology. However, it’s crucial to remember that the blockchain ecosystem is vast, and there are other options beyond Ethereum. So, keep exploring and stay open to the possibilities!”

Advertisementspot_img

Latest News