Venkat Yetrintala gave a presentation on blockchain trivia to the Greater Chicago Blockchain Geeks. He shared several facts and statistics about the blockchain industry, including that the expected blockchain market size by 2024 is $8.68 billion, 90% of North American and European banks are investing in blockchain, and over $1 billion has been invested in blockchain startups in the last 5 years. He also provided the number of employees working on blockchain at IBM and cryptocurrency ATMs worldwide.
4. About me
•Venkat Yetrintala
•25 years of professional experience
•Hi-tech trends, engineering best practices and giving back
•Following Blockchain/Bitcoin since inception
•Sr Director of Engineering at Monotype
https://www.linkedin.com/in/vyetrintala/
6. WHAT IS EXPECTED BLOCKCHAIN MARKET
BY 2024?
•8.68 BILLION USD
•98.28 MILLION USD
•386 MILLION USD
REF: HTTPS://FINANCE.YAHOO.COM/NEWS/GLOBAL-BLOCKCHAIN-MARKET-2018-2024-114400693.HTML
7. WHAT IS EXPECTED BLOCKCHAIN MARKET
BY 2024?
•8.68 BILLION USD
•98.28 MILLION USD
•386 MILLION USD
REF: HTTPS://FINANCE.YAHOO.COM/NEWS/GLOBAL-BLOCKCHAIN-MARKET-2018-2024-114400693.HTML
8.68
BILLION USD
8. WHAT PERCENT OF NORTH AMERICAN &
EUROPEAN BANKS ARE INVESTING ON
BLOCKCHAIN?
•50%
•70%
•90%
REF: HTTPS://FINANCE.YAHOO.COM/NEWS/GLOBAL-BLOCKCHAIN-MARKET-2018-2024-114400693.HTML
9. WHAT PERCENT OF NORTH AMERICAN &
EUROPEAN BANKS ARE INVESTING ON
BLOCKCHAIN?
•50%
•70%
•90%
REF: HTTPS://WWW.CCN.COM/BLOCKCHAIN-EXPLORED-90-MAJOR-NORTH-AMERICAN-EUROPEAN-BANKS-SURVEY-FINDS/
90%
10. OVER THE LAST 5 YEARS, HOW MUCH VCS
HAVE INVESTED INTO BLOCKCHAIN
STARTUPS?
•OVER 1 BILLION USD
•500 MILLION USD
•100 MILLION USD
REF: HTTPS://COINTELEGRAPH.COM/NEWS/VC-INVESTMENTS-IN-BLOCKCHAIN-COMPANIES-ON-TRACK-TO-EXCEED-2017S-NUMBERS
11. OVER THE LAST 5 YEARS, HOW MUCH VCS
HAVE INVESTED INTO BLOCKCHAIN
STARTUPS?
•OVER 1 BILLION USD
•500 MILLION USD
•100 MILLION USD
REF: HTTPS://COINTELEGRAPH.COM/NEWS/VC-INVESTMENTS-IN-BLOCKCHAIN-COMPANIES-ON-TRACK-TO-EXCEED-2017S-NUMBERS
OVER 1
BILLION USD
12. WHAT IS THE ESTIMATED SAVING
ANNUALLY TO BANKS BY ADOPTING
BLOCKCHAIN TECHNOLOGY?
•8-12 BILLION USD
•100-150 BILLION USD
•1 TRILLION USD
REF: HTTPS://WWW.REUTERS.COM/ARTICLE/US-BANKS-BLOCKCHAIN-ACCENTURE-IDUSKBN1511OU
13. WHAT IS THE ESTIMATED SAVING
ANNUALLY TO BANKS BY ADOPTING
BLOCKCHAIN TECHNOLOGY?
8-12 BILLION
USD
•8-12 BILLION USD
•100-150 BILLION USD
•1 TRILLION USD
REF: HTTPS://WWW.REUTERS.COM/ARTICLE/US-BANKS-BLOCKCHAIN-ACCENTURE-IDUSKBN1511OU
14. NUMBER OF EMPLOYEES WORKING ON
BLOCKCHAIN INITIATIVES AT IBM
•100
•1000
•10000
REF: HTTPS://WWW.COINDESK.COM/IBM-BLOCKCHAIN-IOT-OFFICE/
15. NUMBER OF EMPLOYEES WORKING ON
BLOCKCHAIN INITIATIVES AT IBM
1000
•100
•1000
•10000
REF: HTTPS://WWW.COINDESK.COM/IBM-BLOCKCHAIN-IOT-OFFICE/
17. NUMBER OF CRYPTOCURRENCY ATMS
WORLDWIDE
3000
•100
•1000
•3000
REF: HTTPS://COINATMRADAR.COM/CHARTS/
18. CHICAGO’S RANK ON “THE TOP 20 CITIES
WHERE YOU CAN FIND A BLOCKCHAIN JOB”
•#3
•#8
•#10
https://cryptofundresearch.com/top-20-cities-blockchain-jobs-us/
19. CHICAGO’S RANK ON “THE TOP 20 CITIES
WHERE YOU CAN FIND A BLOCKCHAIN JOB”
#3
•#3
•#8
•#10
https://cryptofundresearch.com/top-20-cities-blockchain-jobs-us/
20. ONE-THIRD OF C-LEVEL EXECUTIVES ARE
CONSIDERING ADOPTING OR ARE USING
BLOCKCHAIN TECHNOLOGY.