blockchain technology has exploded into the mainstream, powered by notable movement in Bitcoin prices, the rollout of central bank digital currencies (cbdcs), and increased adoption of the tech. At its core, blockchain technology brings decentralization — instead of processes or data being controlled by one single centralized entity, they can be stored on a transparent, shared network of computers, free from corruption or tampering.
the next five years are pivotal for the mass adoption of this decentralized technology. With the world recovering from the pandemic and continuous technological innovation creating more and more opportunities for people across the globe, blockchain technology is set to transform everyday societal and economic structure. Although the blockchain industry is an ever-growing and vast expanse of new technology, there are a number of applications that stand out as leading shifters that will change the world over the next half decade.