5 Reasons Blockchain Should Matter to Solution Providers

The market opportunity in blockchain technology for managed service providers (MSPs) is significant, as more businesses look to implement blockchain and change the way they store and access data and complete transactions.

MSPs are not alone in embracing this technology. The blockchain market size is projected to grow from $4.9 billion in 2021 to $67.4 billion by 2026, a compound annual growth rate (CAGR) of 68.4 percent. Other market drivers include increased venture capital investments, growing blockchain adoption in finance, new use case in mitigating cyberattack risks, high adoption of blockchain solutions for payments, rapid deployment of blockchain driven smart contracts, digital identity management, and continued interest to use blockchain in government.

Members of CompTIA’s Blockchain Advisory Council said MSPs should begin to educate themselves on how they can integrate blockchain into their current and future solutions offerings to customers. Here are five reasons council members cited for why it’s time to start talking blockchain with customers.

1. Protecting Digital Assets Is Critical

While digital assets have been part of IT conversations for many years (consider all the discussions IT professionals have had over the years around protecting digital assets on laptops, tablets, and PCs), business leaders today are paying more attention

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