This is an era of disintermediation, where Uber owns no vehicles, Facebook allows billions to connect, Airbnb owns no real estate, and Amazon sells almost everything without holding much inventory. Various industries, such as insurance, healthcare, finance, transportation, logistics, retail, and real estate include intermediaries. All of those cases where intermediaries are involved are potential use cases for blockchain. This allows the removal of intermediaries between consumer and producer while injecting trust, reliability, robustness, immutability, and confidentiality. Financial and non-financial industries have quickly understood the potential of DLT and blockchain technology and its disruptive applications. DLT and blockchain can be applied to several industries, from the financial sector to music, from intellectual property rights to education and healthcare. The continuous application of DLT and blockchain to address various use cases is so huge that the World Economic Forum predicted that, by 2027, 10% of global GDP would be stored on blockchain.

Now, it's time to check out the opportunities that DLT and blockchain offer.