https://saudigazette.com.sa/article/561397
https://www.nextbigfuture.com/2017/10/oracle-sees-10-of-global-gdp-stored-in-blockchain-by-2027.html
https://fintechnews.sg/64175/blockchain/tokenized-assets-to-make-up-10-of-global-gdp-by-2030/
ChatGPT:
Measuring the portion of global GDP stored on blockchain technology involves assessing the economic value represented by blockchain-based systems, assets, and transactions. Here's how it could be quantified:
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### Key Metrics for Measurement:
1. Value of Tokenized Assets:
- Definition: Includes assets represented as tokens on blockchain, such as real estate, commodities, and intellectual property.
- Measurement:
- Total market value of tokenized assets on blockchains.
- Data from platforms that facilitate tokenization (e.g., DeFi protocols, NFT marketplaces).
2. Cryptocurrencies and Digital Assets:
- Definition: The market capitalization of cryptocurrencies like Bitcoin, Ethereum, and stablecoins.
- Measurement:
- Aggregating market capitalization data from major exchanges and blockchain networks.
3. Enterprise Blockchain Usage:
- Definition: Value of goods and services managed or tracked via enterprise blockchain solutions.
- Measurement:
- Reports from corporations and industries utilizing blockchain for supply chain, healthcare, and other applications.
- Analysis of blockchain-led cost savings or efficiencies tied to GDP calculations.
4. Decentralized Finance (DeFi):
- Definition: Total value locked (TVL) in DeFi protocols providing lending, borrowing, and trading services.
- Measurement:
- Data from DeFi analytics platforms like DeFi Pulse or DappRadar.
5. Smart Contracts Transactions:
- Definition: Value of transactions or economic activity executed through smart contracts on various blockchains.
- Measurement:
- Blockchain explorers and analytics tools tracking transactional volume.
6. Government and Central Bank Digital Currencies (CBDCs):
- Definition: Value of money issued and stored as digital currency by governments.
- Measurement:
- National reports on CBDC adoption and usage metrics.
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### Approach to Aggregation:
- Data Sources:
- Public blockchain data (on-chain analysis).
- Reports from financial institutions, corporations, and blockchain analytics firms.
- Government publications on GDP and digital transformation initiatives.