30 May 2025 | Friday | News
Picture Courtesy | Public Domain
OKX, a leading crypto exchange and global onchain technology company, in partnership with Blockworks Research, a crypto research platform, announced the release of a report, titled: "The Future of Blockchain Applications: Reshaping Global Industries," which examines how finance, technology, brand and consumer goods, and sports and entertainment will be transformed by blockchain applications in the next 25 years.
The report finds that the ongoing development of defined blockchain use cases — cryptocurrencies and stablecoins; real-world asset tokenization; decentralized apps (dApps); self-custody wallets and payments — will act as a key disruptor across these vital business sectors. Research indicates that total assets under management of tokenized real-world assets could reach $600 billion by 2030*, with 10% of global GDP potentially tokenized and stored on the blockchain by 2027*.
The report also finds that AI and crypto will converge, enabling more effective coding and troubleshooting, with crypto creating strong incentives for AI training and deployments.
According to report interviewee and Google Cloud Head of Web3 Strategy Rich Widmann: "Blockchain is a pressure chamber of innovation...[In 20 years we see a] world where digital intelligence can seamlessly transact in digital forms, enhancing everyday tasks and interactions without the need for traditional devices. This reflects a broader ambition to integrate AI with blockchain for more efficient commerce and agreement codification."
The research findings are based on interviews with industry experts, analysis from OKX and Blockworks Research, desktop research and existing industry surveys and studies. Interview respondents represent leading companies, including: Visa, Standard Chartered, Polygon, Google, Aptos, Manchester City Football Club, McLaren, Franklin Templeton, and others.
Fintech Business Asia, a business of FinTech Business Review
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