According to the report of CNBC, Bank of America's research showed that tech giants can get billions of dollars from blockchain adoption.
As potential beneficiaries, BoA noted Oracle, IBM, Salesforce.com, VMware, and real estate and mortgage players like Redfin, Zillow, and LendingTree.
Based on the Bank of America analysis, the entire total addressable market for blockchain will eventually hit $7 billion. While the technology is not yet widely adopted, the market will experience an exponential grow after more and more companies start to implement blockchain solutions.
It was also proposed that the potential beneficiaries (tech giants) could use blockchain solutions with existing cloud computing processes and improve supply chain operations
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