Despite the declines seen in the sector in 2018, many analysts see 2019 as the year blockchain innovation will begin to bear fruit. According to a recent blockchain report released by Zion Market Research, the global manufacturing subset, that was valued at $5 million in 2017, is now set to reach $307 million by 2024, for a compound annual growth rate (CAGR) of 76 percent through that timeframe.
The MIT Technology Review also noted that Walmart has been testing blockchain in its food supply tracking efforts. There are plans to launch various digital asset exchanges as well. Source.
