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Blockchain technology is an emerging technology with potential applications in logistics, distributed ledgers, social media, financial...

Blockchain technology is an emerging technology with potential applications in logistics, distributed ledgers, social media, financial services, and digital identification. The market for blockchain technology is estimated to reach 2.3 billion dollars by 2021,10-times larger than the market was in 2016. In its SWOT analysis, IBM should classify the growth of blockchain market as a(n)

Multiple Choice:

weakness.

threat.

strength.

opportunity.

SWOT analysis.

business   Operations-Management   
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Answer #1

Opportunity

The block chain technology for IBM would be considered as an opportunity that will help them enter a market and do better business in the industry.

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