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Report highlights how businesses, across all verticals, can use blockchain to drive reinvention

SAN FRANCISCO, September 15, 2022 /PRNewswire/ — Global ( New York stock market : WORLD), a digital native company focused on reinventing businesses through innovative technology solutions, released its Sentinel Report, “Blockchain, a Game Changer for Every Industry.The report discusses how blockchain is reinventing the digital landscape, the tools businesses need to get the most out of this technology, and the impactful applications of blockchain across various industries, as well as the challenges and benefits of blockchain adoption.

“The value of blockchain isn’t just in managing crypto assets or new ways of interacting with money, but it’s changing many aspects of our daily lives and businesses,” he said. Diego TartarusChief Technology Officer at Globalant. “Blockchain has multiple benefits applicable to many different uses, ranging from improving the efficiency of transactional processes, such as in finance where you can tokenize financial assets to make conventional transfers of ownership faster and cheaper. cost, tracking inventory and ensuring product authenticity, for example in the retail industry.With this report, we aim to help new and experienced blockchain users understand the benefits , challenges and impacts of technology.”

Key blockchain impact data in the report includes:

  • Blockchain in agriculture and food will reach a value of $1.48 billion by 2026 (BIS Research)
  • The financial sector accounted for around 30% of blockchain market value (Statista)
  • The projected growth of blockchain in healthcare in 2028 is greater than $1 billion (advantageous market research)

The Sentinel report also notes that blockchain has already had a positive social impact, including improving supply chain integrity, securing digital identity management, and connecting the “unbanked” (people with little or no access to traditional retail banking services).

“Blockchain empowers industries and pushes humanity to take transcendent leaps that will take us further by presenting us with new models of cooperation that allow individuals to help others through peer-to-peer exchanges,” said Alan Verbner, co-founder of Atix Labs, a division of Globant. “According to Blockchain Studio, we see that the impact of blockchain will continue to deepen the concept of ‘ownership’ and identity. This technology will empower people by allowing them to own their data in different areas such as education and finance.”

Blockchain Studio helps clients reinvent their business through Globant’s cross-industry expertise and cutting-edge blockchain technologies, designing and building bespoke decentralized and resilient solutions that drive strategic business value by enabling efficiency, immutability and transparency.

To access the full report, click here.

About Global

We are a digital native company that helps organizations reinvent themselves to create a path forward and unlock their potential. We are where innovation, design and engineering meet.

  • We have more than 25,900 employees and we are present in 20 countries working for companies like Google, Electronic Arts and Santander, among others.
  • We were named a global leader in CX enhancement services by the IDC MarketScape report.
  • We were also the subject of a business case study at Harvard, MITand Stanford.
  • We are a member of the Green Software Foundation (GSF) and the Cybersecurity Tech Accord.

Contact: [email protected]

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For more information, visit www.globant.com.

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