It is estimated that the global blockchain technology market size is expected to reach USD 21,070 million by the end of 2025, with a compound annual growth rate of 38.4%, showing a promising start for the upcoming technology. The main advantages blockchain provide are its immutable ledger system, decentralised network, and transparency of transactions. This blog discusses the potential benefits and challenges in implementing blockchain technology for voting and the banking sector in Sri Lanka as well as data privacy concerns.
The term ‘data scientist’ did not exist a little more than a decade ago. However, with the increasing rate of technological progress, the term “data scientist” is now casually thrown around in the tech realm. This blog argues that developing more data scientists can help Sri Lanka not only develop local businesses, but also earn foreign exchange.