Bitcoin was designed to not only be a fast and cheap digital currency, but also to be very safe to use. The blockchain technology it relies on is increasingly becoming the solution for enterprises as they look to secure themselves from digital attacks.

The Nikkei Asian Review reports the global blockchain market continues to grow despite the pandemic, fueled by industries looking for safety from hackers. The market as a whole to $15.88 billion by 2023, representing annual growth of over 91%.

“More companies should adopt blockchain after the pandemic,” said Tomohiro Maruyama, senior manager of PwC Consulting. As more people go online for all of their every day needs, organizations know they need the safety of blockchain technology to guard against scams and attacks.

“Internet piracy has posed a major challenge for companies as they look to digitize operations,” Maruyama said, pointing to how easy it is for hackers to cover their tracks if a blockchain isn’t present. “Blockchain emerged as a solution for fighting digital counterfeits, pushing businesses to adopt the technology.”