Blockchain is revolutionizing the financial industry as we know it, with many market analysts predicting an entire replacement of traditional payments, trading and banking systems. While blockchain and the financial industry may seem like a match made in heaven, there are definitely several more industries where blockchain can have a significant impact, and one of notable industries is gaming. With a combined market value of over $120 billion in 2019, the gaming industry could soon see yet another surge in growth with the greater adoption of blockchain technology.
The gaming industry has seen a lot of innovation over the last few years, from mass adoption of microtransactions to advancements in virtual and augmented reality. There is now a growing belief that blockchain could bring out the biggest leap forward yet for gaming. With the use of blockchain, game developers could create more transparency and trust in the gaming space.