According to the numbers, the blockchain market is expected to reach a high of $20 billion by 2024. Moreover, the average investment in this exciting technology’s projects was more than 1 million in 2017. In case you weren’t living under a rock for the last two years, you know what bitcoin and the blockchain technology is. However, though blockchain is often thought to be a synonym for bitcoin, you have to understand that the latter is just one of the many uses of this hot technology. In truth, blockchain is a platform or system which is decentralized and can be beneficial for a lot of things such as applications.