Blockchain Technology to Boost Global GDP Growth, According to Citizens Bank Report

A new analysis from Citizens Bank highlights the transformative potential of blockchain technology for the global economy. The report suggests that widespread adoption of distributed ledger technology (DLT) could significantly accelerate worldwide Gross Domestic Product (GDP) growth. By enhancing transparency, security, and efficiency in financial transactions and supply chains, blockchain can reduce costs and unlock new economic value. This positions key cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), which are built on this foundational technology, as integral components of future economic infrastructure. The findings underscore a growing institutional recognition of blockchain's utility beyond digital assets, pointing towards its role in driving mainstream financial and operational innovation.