The blockchain market is expanding swiftly, driven by major trends such as decentralization, tokenization, and the growing adoption of blockchain-as-a-service (BaaS). Decentralization is heralded as enhancing security and transparency in transactions, thus gaining traction, especially in finance and supply chain sectors. Tokenization, another trend underpinning the blockchain space's growth, is effectively creating new opportunities for investments, pushing for greater market liquidity. Meanwhile, BaaS is fostering faster implementation of blockchain by businesses, reducing the complexity of blockchain adoption.