Blockchain interoperability research paper, crypto list, scalability, revolut - Global Forecast - 20

Webersnits20 Aug, 2024News

The global Blockchain Interoperability Market size is projected to grow from USD 0.3 billion in 2023 to USD 1.0 billion by 2028 at a CAGR of 27.2% during the forecast period, according to a new report by MarketsandMarkets?. The demand for Interoperability blockchain protocol (IBC) driven by its ability to enhance blockchain technology?s growth and efficiency, dApps development, rise in demand for cross-chain asset transfers, and the need to adhere to regulatory compliance and standardization in the industry are some of the major factors driving the market growth.