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Blockchain in Retail Market Growing Expeditiously Worldwide with Key Players BTL Group Ltd., BitFury Group Limited, Coinbase, Chain Inc, Deloitte, Earthport PLC, IBM Corporation

01-24-2019 05:49 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Blockchain in Retail Market Growing Expeditiously Worldwide

Blockchain in retail refers to the technology that maintains and manages distributed database consisting of transactions among different parties, including suppliers, manufacturers, or customers involved or related to the business. The transaction is recorded in chronological order and provides transaction details to every connected user.

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The growth of the global blockchain in retail market is driven by growth in demand for transparency related to product origin or processes and rise in need to reduce duplicative record keeping. Other factors that fuel the market growth include rapid digitalization and reduced total cost of ownership. However, factors such as lack of awareness related to blockchain technology and increase in counterfeit products restrict the growth of the market.

The report segments the blockchain in retail market on the basis of type, application, and geography. On the basis of type, the market is categorized into public, private, and others. Applications covered in the study include exchange, payment, documentation, others. Geographical breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

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Comprehensive competitive analysis and profiles of major market players such as

•BTL Group Ltd.
•BitFury Group Limited
•Coinbase
•Chain Inc
•Deloitte
•Earthport PLC
•IBM Corporation
•INTELYGENZ
•Microsoft Corporation
•Ripple

Blockchain in Retail Market Key Segments:

By Type

•Public
•Private
•Hybrid

By Application

•Exchange
•Payment
•Documentation
•Others

By Geography

•North America
•U.S.
•Canada
•Mexico

•Europe
•UK
•Germany
•France
•Rest of Europe

•Asia-Pacific
•India
•China
•Japan
•Rest of Asia-Pacific

•LAMEA
•Latin America
•Middle East
•Africa

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About Us:

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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