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European Blockchain Spending to Reach $3.5 Billion By 2022, According to IDC

Europe will be the second-largest investor in blockchain technologies, according to IDC's latest “Worldwide Semiannual Blockchain Spending Guide”. With a compound annual growth rate (CAGR) of 80.2 percent for 2017–2022, Europe will increase its spending from around $400 million in 2018 to $3.5 billion in 2022, helping it to close the gap with the U.S., the biggest blockchain investor.

Airrion AndrewsJuly 26, 2018IDC, Blockchain, Europe, digital distributed ledger, distributed ledger technology, cryptocurrencies