Market Capitalization of Smart Contract Platforms Expected to Exceed $15 Trillion by 2030, Says Crypto Expert Jamie Coutts

Crypto expert and analyst Jamie Coutts has made a bold forecast about the future of smart contract platforms. According to his analysis, by the year 2030, the total market capitalization of these platforms could range between $15 trillion and $25 trillion. This significant growth will largely be driven by the integration of artificial intelligence (AI) into blockchain technologies.

In a recent report from Real Vision, dated November 2023, Coutts published his findings on the potential growth trajectories for AI and blockchain. He believes that AI will catalyze the expansion of smart contract platforms by increasing the demand for services like verification and authentication. "In a previous scenario, I considered five adoption factors that would stimulate growth without assessing their individual impacts. Specifically, for AI, I see it indirectly boosting the demand for verification and authentication services," Coutts remarked.

The expert highlighted that both autonomous and human-managed AI agents would utilize blockchain through smart contract wallets for asset exchanges. The positive effects of this tool could be observable as early as 2026. Coutts estimates that AI could accelerate growth rates by approximately 10% annually.

"The initial impact might be modest, but by 2030, AI agents could account for over 40% of the total daily active users (DAU)," Coutts stated. With such a scenario, there would be a substantial increase in the profits from transaction fees generated by the growing number of AI agents. Consequently, the cumulative valuation of the platforms could reach $15 to $25 trillion.

Additionally, it's noteworthy that major corporations are also investing heavily in AI and related technologies. Microsoft has reportedly invested $2.2 billion in AI and cloud technologies, while Coca-Cola plans to allocate $1.1 billion towards the development of artificial intelligence. These investments reflect a broader industry trend of integrating AI into various business processes and technologies, further underscoring the potential for substantial growth in the smart contract platform market.