Supply chain, trade finance and digital identity have all been touted as potential “killer apps” for blockchain. Blockchain solutions in each of these areas continue to attract significant investment. However, there is one use case for blockchain which has the potential to trump all others – gaming.
Gaming is already a double-digit growth sector, with a global market value of nearly $135 billion in 2018. Fortnite is currently one of the most popular games worldwide, with 200 million players. Gaming channels feature heavily among the top influencers on YouTube, with heavyweight gaming vlogger PewDiePie clocking up over 90 million subscribers.
Blockchain technology is making strides, but it still needs a killer app to appeal to a mass user base. However, blockchain has much to offer the gaming industry.
Is Gaming Blockchain’s Killer App?
As gaming becomes more high-stakes, with users investing serious cash into their online profiles, account theft is becoming more prevalent. Hackers have been reportedly stealing accounts…