The blockchain finance market is expected to grow significantly and reach $79.3 billion by 2032. This growth will be driven by collaborations and acquisitions among market players. The COVID-19 pandemic has disrupted traditional finance, leading to an increased adoption of blockchain in the financial sector. One of the primary reasons for this adoption is the potential for reduced operational costs. In 2023, public blockchains such as Bitcoin and Ether will dominate the financial landscape, providing cross-border payments and trading benefits. North America is at the forefront of blockchain finance adoption, and the industry is projected to grow at a rate of 60.5% per year. A report by Ripple also indicates that blockchain has the potential to save financial institutions $10 billion in cross-border payment expenses by 2030, highlighting the appeal of affordable and secure alternatives in the sector.