Blockchain Can Give $1.7T Boost to Global Economy by 2030: PwC Report

Blockchain technology stands to boost the global economy by $1.7 trillion in the next decade with Asia seeing the most economic benefit, according to a new report by consulting company PricewaterhouseCoopers (PwC).

  • PwC economists forecast a tipping point in 2025 if blockchain technologies are adopted at scale across the world, and expect blockchain applications to boost global gross domestic product (GDP) by $1.76 trillion, (1.4% of global GDP) by 2030.  
  • According to the report, blockchain will make the biggest impact on Asia’s economy with China, India and Japan driving adoption in the region.
  • China stands to gain the highest potential net benefit at $440 billion, with the U.S. following at $407 billion. 
  • Germany, Japan, U.K., India and France are each estimated to benefit by more than $50 billion in the same period.
  • The report identified five key application areas of blockchain with potential to generate economic value: product tracking
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Blockchain technologies could boost the global economy US$1.76 trillion by 2030 through raising levels of tracking, tracing and trust

LONDON, Oct. 13, 2020 /PRNewswire/ — New analysis by PwC shows Blockchain technology has the potential to boost global gross domestic product (GDP) by US$1.76 trillion over the next decade.

That is the key finding of a new PwC report Time for trust: The trillion-dollar reason to rethink blockchain, assessing how the technology is being currently used and exploring the impact blockchain could have on the global economy. Through analysis of the top five uses of blockchain, ranked by their potential to generate economic value, the report gauges the technology’s potential to create value across industry, from healthcare, government and public services, to manufacturing, finance, logistics and retail.

“Blockchain technology has long been associated with cryptocurrencies such as Bitcoin, but there is so much more that it has to offer, particularly in how public and private organisations secure, share and use data,” comments Steve Davies, Global Leader, Blockchain and

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Boost productivity, impress your boss

Learning how to manage a project from start to finish won’t just impress your boss or help you find a better job. It might just change your life.

All products featured here are independently selected by our editors and writers.If you buy something through links on our site, Mashable may earn an affiliate commission.

Looking for a new way to enhance your professional development? A project management course can reap rewards in the workplace and beyond.

Getting trained in project management can help you become more organized and extra confident when taking on more complicated projects at work. It’s a great addition to your résumé and will probably impress your boss. There have been several articles in recent years asserting that every manager should become skilled in project management, so if you are a manager or plan to become one, these courses could be

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Application Lifecycle Management Market – Actionable Research on COVID-19 | Demand for SaaS-based ALM to Boost the Market Growth

LONDON–(BUSINESS WIRE)–Oct 6, 2020–

The global application lifecycle management market size is poised to grow by USD 1.78 billion during 2020-2024, progressing at a CAGR of over 9% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201005005965/en/

Technavio has announced its latest market research report titled Global Application Lifecycle Management Market 2020-2024 (Graphic: Business Wire)

Key application lifecycle management market driver, such as the exponential increase in the demand for SaaS-based ALM will drive market growth. Most of the organizations try to modify their customer experience, accelerate time to

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International students boost US economy but suffer under Trump

  • International students contribute more than $41 billion to the U.S. economy.
  • In recent months, international students have been under relentless attacks by the Trump administration, including last week’s proposed rule targeting students from 59 countries.
  • Voters have a chance to make a choice that would strengthen America’s workforce and global economic competitiveness, while promoting a long-term strategy to keep talent in America.
  • Taif Jany is a policy entrepreneur on immigration at Next100.
  • This is an opinion column. The thoughts expressed are those of the author.
  • Visit Business Insider’s homepage for more stories.

It’s been 12 years since I arrived in the United States as an international student. The move was my ticket to escape after 16 years of living under the dictatorship of Saddam Hussein, surviving the devastation of the 2003 war, and being a refugee in Damascus, Syria. 

At that time, nothing mattered to me more than going to

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How to Use Social Media Data to Boost Content Marketing Strategy

There are a select few moments in the day that make any mundane moment great. One is when we taste that first sweet sip of coffee. Another, is when that last piece of work is handed in. And one of the best ones is when we get those spare seconds to check through our socials.

Everyone loves watching a video on Facebook of a dog jumping in a bath with their hooman. Or reading through funny and controversial opinions on Twitter. Or even being inspired by a fabulous photo of a chocolate cake on Insta. Let’s not forget about YouTube! You can ask something like, “What are some interesting telephone facts?”, and you will soon know the ins and outs of this nifty piece of tech just by watching a clip.

Whatever you use it for, social media is great. It lets us connect with the world and be a

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Childcare Management Software Market | Increase in Women Workforce to Boost the Market Growth

Meghann Showers

The global childcare management software market size is poised to grow by USD 62.21 million during 2020-2024, progressing at a CAGR of about 6% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201009005371/en/

Technavio has announced its latest market research report titled Global Childcare Management Software Market 2020-2024 (Graphic: Business Wire)

There are a number of initiatives taken up by developed and developing countries to promote women’s engagement in the mainstream workforce. With a growing number of women shifting from the unorganized to the organized sector, there is an

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Hotels and Hospitality Management Software Market | Reduction in Overall Operational Costs to Boost the Market Growth

Meghann Showers

The global hotels and hospitality management software’s market size is poised to grow by USD 1.14 billion during 2020-2024, progressing at a CAGR of about 5% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201009005405/en/

Technavio has announced its latest market research report titled Global Hotel & Hospitality Management Software Market 2020-2024. (Graphic: Business Wire)

Hotels are focusing on integrating newer technologies to lower expenses on document processing through automation. This is driving the adoption of hotel and hospitality management software. The software not only helps reduce dependency on

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Machine Translation Market will Showcase Positive Impact during 2020-2024 | The Globalization of Business to Boost the Market Growth | Technavio

Meghann Showers

LONDON–(BUSINESS WIRE)–Oct 8, 2020–

Technavio has been monitoring the machine translation market and it is poised to grow by USD 971.87 mn during 2020-2024, progressing at a CAGR of over 19% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201008005634/en/

Technavio has announced its latest market research report titled Global Machine Translation Market 2020-2024 (Graphic: Business Wire)

Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alphabet Inc., Asia Online Pte Ltd., Cloudwords Inc., Honyaku Center Inc., International Business Machines Corp., Lionbridge Technologies Inc., Microsoft Corp., SDL Plc, SYSTRAN

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Smart Fleet Management Market| Benefits Such as Real-time Fleet Monitoring to Boost the Market Growth

Meghann Showers

The global smart fleet management market size is poised to grow by USD 153.63 billion during 2020-2024, progressing at a CAGR of over 7% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201008005374/en/

Technavio has announced its latest market research report titled Global Smart Fleet Management Market 2020-2024 (Graphic: Business Wire)

Benefits such as real-time fleet monitoring will drive the growth of the smart fleet management market size during the forecast period. The advanced fleet management software (FMS) connects the vehicle’s onboard computer and helps the user in acquiring

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