Report: Middle East and Africa’s Blockchain Spending to Surge 400% by 2023

Report: Middle East and Africa’s Blockchain Spending to Surge 400% by 2023

The International Data Corporation projects that Middle East and Africa’s blockchain spending would surge from $21 million in 2019 to $105 million by 2023. As global blockchain adoption is accelerating, countries in the Middle East and Africa (MEA) are forecasted to massively increase their spending on the tech in the next few years.According to a new report by United States-based market research firm International Data Corporation (IDC), governments across MEA will see a 400%…

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