As BTC hits $30K, the time to understand blockchain technology is now

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New year, new Bitcoin—that’s what markets signified as the once-uber-popular cryptocurrency surged in value by more than 300 per cent to ring in 2021. The feverish refresh is driven by speculation that cryptocurrencies will increasingly act as a store of value, a projection that is backed by financial experts. The heightened value of Bitcoin raises the demand for blockchain knowledge, the specific type of database that keeps records within the Bitcoin network. According to one report, “the global blockchain market size is expected to grow from USD 3.0 billion in 2020 to USD 39.7 billion by 2025.”

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