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Smart Contract Market Size Was Valued at USD 1.38 billion in 2022, and is Projected to Reach USD 8.79 billion by 2030, Growing at a CAGR of 26.3% From 2023-2030.
A smart contract is a self-executing computer program that stores the contract's terms on the blockchain. The program executes automatically when the contract's requirements are met, essentially eliminating the need for intermediaries. Furthermore, with smart contracts in place, transaction costs are reduced and transaction speed is considerably boosted.
Discover the Leading Players Featured in the Report:
Neblio (USA),Hyperledger Sawtooth (USA),R3 Corda Enterprise (USA),Harmony (USA),NEAR Protocol (USA),Cosmos (USA),Avalanche (USA),Hyperledger Fabric (USA),Fantom (Cambodia),DFINITY (Switzerland),Solana (Switzerland),Cardano (Switzerland),Ethereum (Switzerland),Polkadot (Switzerland),Tezos (Switzerland),Quorum (UK),Corda (UK),Elrond (Romania),IOST (Singapore),Multichain (Singapore),Binance Smart Chain (Europe),Polygon (India).
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