IBM Helps Developers Speed Up the Creation of Blockchain Networks

94

According to a recent report by Research and Markets, the blockchain technology market is skyrocketing: it estimates that the market will grow from $210.2 million in 2016 to $2,312.5 million by 2021, at a Compound Annual Growth Rate (CAGR) of 61.5 percent. Although the author acknowledges that “actors such as lack of awareness about the blockchain technology and uncertain regulatory status are the major restraints in the overall growth of the market,” the HyperLedger Project is working hard to take blockchain to the next level and help it go mainstream.

However, for this to happen, the growing blockchain ecosystem needs to hit a major milestone: convince developers that blockchain is worth their attention. As Brian Behlendorf, Executive Director of the Hyperledger Project told JAXenter a few months ago, “it’s up to the developers how soon blockchain goes mainstream.”

Read more at JAXenter