4 April 2019: Global
Blockchain
Market Research Report includes In-depth Analysis of industry by
recent technologies, trends, opportunities, challenges, key players and
business strategies considering types, segment, and future analysis. The Blockchain Market Report Provides
Growth History, Sales Channel, Manufacturers Profiled in Blockchain Business,
Market Share of Product, Application and Regional Scope of Blockchain which
makes the research report a helpful resource for marketing people, forecasters,
industry executives & consultants, sales, product managers, Strategy
Advisor, potential investors to understand the present as well as future market
size, situations in terms of growth rate and revenue. This report will help the
viewer in Better Decision Making.
The key players in
the blockchain market are Chain Inc., Circle Internet Financial Ltd.,
Digital Asset Holdings Ltd., Eric Industries Co., IBM Co., Linux Foundation,
Post-Trade Distributed Ledger, Inc., R3CEV LLC, and Safello AB.
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The market is broadly categorized into four major
segments based on the application type such as financial services, consumer or
industrial products, media and telecom sector and healthcare industry. The
financial services is considered as one of the fastest growing segment in the
market with substantial revenue generation in the last few years. Growing
popularity of the blockchain technology in financial services segment is
attributed to the factors such as exclusion of third parties for financial
deals, and limited occurrence of fraud & identity theft.
A block chain is a constantly growing list of records,
which are also termed as a block; these blocks are connected and managed with
the help of cryptography. Every block broadly consists of a hash pointer that
is linked with the previous block, along with a timestamp and transaction data.
Block chains does not allow any modification to the existing data, thereby
providing necessary security. The authenticity of every cryptocurrency coins is
provided with the help of a blockchain. These factors are expected to fuel the
growth of market during the forecast period.
Latest technological advancement in banking &
financial sector coupled with inclination towards innovation necessary for a
communal financial transaction database are anticipated to foster the demand
for blockchain technology in upcoming years. The blockchain technology involves
monitoring & formation of new units, enhanced security and minimizing risks
such as money fraud.
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of this research with TOC and List of Figures at: https://www.millioninsights.com/industry-reports/blockchain-market
Market
Segment:
Market
Leaders
• IBM
• Microsoft
• Accenture
Key
regions
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
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