By 2030, blockchain technology could drive a global economy of $1.7 trillion.
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5 Way On How Will Blockchain Impact Healthcare
Blockchain technology is growing and is impacting life like never before. From 
being an underlying technology for Bitcoin, Blockchain has now emerged as a 
mainstream technology. DLT technology is expected to give a boost to the global 
economy. Most of the nations are eyeing at the development of Blockchain 
technology and implementing this technology to make the business operations 
seamless. As per the study of PwC, Blockchain will majorly contribute to the global 
economy; it will add $1.7 trillion. The significant contribution to this will come from 
the Asian subcontinent.
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As per the report of PwC, 2025 will be the turning point for Blockchain, and 
Blockchain applications will boost the global GDP by $1.76 trillion, (1.4% of global 
GDP) by 2030.  This whopping increase is because of the boundless potential that 
Blockchain has to offer. 
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Some of the key findings of the PwC report:
 
1.  The countries that will show maximum development in the field of Blockchain 
are China, Japan and India.
2.  China will surpass the U.S. in terms of potential use cases and applications of 
Blockchain. China will stand with a benefit of $440 billion, with the U.S. following at 
$407 billion.
3. When it comes to the sector that will see the maximum benefit, then healthcare 
and public administration and education will see the maximum impact.
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4.    Here is how we will see the division of benefit by Blockchain :
·      Tracking and tracing of products - $962 billion
·       Financial services and payments- $433 billion
·       Digital identity management and security - $224 billion
·       Contracts and dispute resolution- $73 billion
·       Customer engagement and reward programs - $54 billion
 
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These major development which we are expecting to see in the field of Blockchain 
is an indicator of how important is this technology and how much potential doesn’t 
it have to impact various business operations.
There are different features that Blockchain has to offer, which makes it useful for 
different business operations.
 
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Some of the notable feature which Blockchain offers are :
1.     Decentralization
2.     Peer-to-peer network
3.     No third-party interference
4.     Provenance
5.     Traceability
6.     Cost-effective
  
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Since most of the nations are now driving towards digitization, there is a need for a 
platform which is safe and keeps the data secure. With Blockchain technology, we 
can expect the system to be absolutely safe, and all the is encrypted, thus making 
it secure.
 The overall impact of this would be the creation of a system which is free from 
any malicious attack, and at the same time, it will make the process of transaction 
faster and easier. Thus enhancing the productivity of the businesses. All this is 
eventually going to impact the GDP of the nation.
 
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The future-
In the times to comes, we are going to witness a growth in the application of 
Blockchain technology. With its universal application, there is going to be greater 
demand for Blockchain professionals. Blockchain Council is providing online 
certification in Blockchain. This online certification program is going to equip you 
with all the conceptual and technical knowledge for the implementation of 
Blockchain. To know more connect with Blockchain Council today.  
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Blockchain Council Certifications
You can check out our certifications, and kick start your career in the Blockchain 
space today.
● Certified Blockchain Expert
● Certified Blockchain Developer
● Certified Smart Contract Developer
● Certified Solidity Developer
● Certified Ethereum Developer
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THANK YOU!
Any questions?
You can mail us at
[email protected]
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