In this article, we will be taking a look at the 20 biggest blockchain companies in the world in 2023. To skip our detailed analysis of the blockchain sector, you can go directly to see the 5 Biggest Blockchain Companies in the World in 2023.
Blockchain is a recent technology breakthrough that derives its major value from providing decentralized database storage systems due to which it provides the ultimate form of digital security and scalability. This security means that blockchain technologies will have a major role in the progress of the digitalized economy. A report by OECD discusses how Decentralized Finance, or ‘DeFi’, will keep gaining significance due to the speed of execution, transaction costs, and security it provides. Despite cryptocurrencies having recent crises, the technology utilized in blockchains that power those currencies is indisputable.
What is DeFi?
DeFi is a more recent trend in the crypto-asset space. It is meant to replicate traditional financial activities in a decentralized and autonomous manner. This basically entails the provision of financial…