Report: Global aviation blockchain market expected to grow to $ 1.394 billion by 2025

According to Globe Newswire, the global aviation blockchain market is expected to grow from $ 421 million in 2019 to $ 1.394 billion in 2025, with a compound annual growth rate (CAGR) of 22.1% over the forecast period. During the forecast period, the aviation blockchain market will grow at a significant rate. Blockchain enables stakeholders in the aviation industry to share a decentralized digital ledger that stores airline flight data and supply chain data.