A report by Stellar Market Research predicts that the Blockchain-as-a-Service (BaaS) market will reach a market capitalization of $71.3 billion by the end of 2030, with a compound annual growth rate of 37%. BaaS solutions allow enterprises to integrate blockchain into their operations without incurring high infrastructure costs. The supply chain industry, e-commerce players, and small and medium-scale enterprises are expected to be significant contributors to the growth of the BaaS market. The healthcare, logistics, energy, and finance sectors are identified as potential areas for BaaS adoption. Integration of blockchain with artificial intelligence and the Internet of Things is expected to dominate the BaaS narrative, while Southeast Asia is predicted to become a leading region in BaaS adoption. Vietnam Blockchain Association has partnered with Da Nang administrators to transform the city into an international financial center, leveraging blockchain technology for mainstream integration in financial circles. The partnership aims to establish policies and innovative solutions to achieve sustainable growth. Vietnam plans to establish 20 mainstream Web3 brands as part of its national blockchain strategy.



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