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Government Blockchain Spending to Increase Big by 2022
NextGov: Blockchain integration is in the nascent stages for federal agencies, but it’s expected to grow rapidly in the coming years.
The federal government’s spending on blockchain will likely increase from $10.7 million in 2017 to $123.5 million in 2022, according to a report from IDC Government Insights released Wednesday. Blockchain spending among state and local governments is also expected to rise, from $4.4 million in 2017 to $48.2 million in 2022.
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