Blockchain technology is becoming increasingly popular as it is being acknowledged for its ability to help people maintain more ownership of their personal data, including financial details. A recent study by Grand View Research projected that the global blockchain tech market is projected to reach $1,432 billion by 2030 and maintain a Compound Annual Growth Rate (CAGR) of more than 85% between 2022 and 2030. Notable trends such as the adoption of green tech, the increasing popularity of Non-Fungible Tokens (NFTs), and the development of Metaverse in 2023 are all indicators that blockchain technology is becoming more enduring.
