The global blockchain identity management market is predicted to rise from $797.7m in 2022 to $36,591.4m by 2028, growing at an 84% compound annual growth rate (CAGR), according to a report by ResearchAndMarkets.com. The rise is anticipated due to factors such as increased cybersecurity concerns, the popularity of self-sovereign identification technology, and the growing sales of smartphones. Key players include Amazon Web Services, Blockchains Inc., and Microsoft Corporation.
Hamilton’s city manager predicts the city will come out stronger following a cyber incident. The city has implemented new cybersecurity measures and believes the incident