The post The Role of Blockchain in Modern Life, from Business to Entertainment appeared on BitcoinEthereumNews.com.

In barely over a decade, blockchain has slipped from obscure cryptographic experiment into the background machinery of modern life. What began as the backbone of Bitcoin now underpins payment systems, enterprise workflows, digital art markets, experimental games, and new kinds of online casinos. Analysts estimate that the global blockchain technology market reached around $18.3 bln in 2024, with forecasts of more than 50% compound annual growth well into the 2030s. From Ledger to Living Infrastructure If early ledgers were carved into clay or copied by hand in dim offices, today’s ledgers are broadcast around the world in milliseconds. Public blockchains record open networks of transactions; private and consortium chains knit together specific industries. Together they are starting to behave less like a niche curiosity and more like infrastructure. Industry forecasts suggest global crypto owners could reach 750-900 mln by the end of 2025, roughly 15% of the world’s internet population. Trust, Money, and the New Payment Rails Cryptocurrencies showed that value could be transferred without a central clearing house. Stablecoins added a bridge back to familiar fiat currencies, while decentralized finance (DeFi) protocols layered lending, trading, and yield strategies onto programmable smart contracts. A recent analysis projects DeFi revenues at around $27 bln in 2024, with the potential to reach more than $70 bln by 2026. That growth is driven by a simple promise: faster settlement, 24/7 markets, and transparent rules coded into contracts rather than buried in fine print. For ordinary users, these abstract structures appear as very concrete conveniences, with fast clearing of cross-border remittances and peer-to-peer payments freely flowing through mobile wallets. Enterprise Use: Supply Chains, Identity and Data Integrity Enterprises are turning to blockchain to solve a quieter problem of who they should trust with the record. Businesses are exploring blockchain for end-to-end product traceability in…

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Filed under: News - @ November 29, 2025 4:13 am