Bank of America: Blockchain Market Could Hit $7 Bln, Will Give Boost to Amazon, Microsoft

in #bitcoin5 years ago (edited)

 The Bank of America (BoA) has estimated that blockchain could be a $7 billion market and provide a major boost to corporate giants such as Microsoft and Amazon, CNBC reports Oct. 2.
While BoA’s analysts refrained from putting “a time stamp” on the industry becoming a major, multi-billion dollar addressable market, they reportedly based their estimates on a ballpark figure that two percent of corporate servers would be used to run blockchain at a cost of $5,500 annually. 

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Amazon could probably really turn the world upside down if they just created their own coin that people could use to buy things on their site.

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