Report: B2B cross-border transactions based on blockchain will increase to $4.4 trillion by 2024

According to Business Wire, Juniper Research data shows that by 2024, the total value of B2B cross-border payments stored in the blockchain will exceed $4.4 trillion; higher than the $171 billion in 2019. The blockchain supports real-time clearing and settlement of B2B transactions while providing greater transparency and lower costs.