3 new sectors where blockchain can disrupt

Managed services giant KPMG said last year blockchain had moved beyond the "hype phase", shifting the focus of the technology far from often notably zany proof-of-concepts to actual utility within the world of business. Huawei, in collaboration with Oxford Economics, predicts that the digital economy will represent 24.3% of worldwide gross domestic product by 2025, totalling up to a valuation of about US$23 trillion. Among the emerging technologies driving that growth will be blockchain. While some of the competent applications of blockchain include its used in finance and provide chain traceability, such as that of the recent tie-up between IBM and Atia to ensure "safer, better seafood" in Norway, or the success of TradeLens by shipping giant Maersk, below are a few less-considered areas where blockchain is making its mark. Blockchain is increasingly infiltrating the gaming industry and is set to pioneer a new dimension of gaming by starting new and open economies within the virtual landscape.