Press release
Blockchain Technology: Explore Future Scope with Demanding Applications
Blockchain Technology
The adoption of blockchain technology provides solution for banks while eliminating intermediaries and aiding in real-time transition. Blockchain will reduce the cost of manual work and lead to enhanced customer services and satisfaction. These features will led to growth of the blockchain technology market. For instance, on December 30, 2015, NASDAQ announced that it made its first ever share trade using blockchain technology. NASDAQ used its proprietary Linq platform (developed in collaboration with Chain.com and global design firm IDEO) to sell shares.
๐ ๐จ๐ซ ๐๐ง ๐๐๐ฉ๐ญ๐ก ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ @
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๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
Some of the key players operating in the global blockchain technology market include Accenture Plc, Amazon Web Services, Inc., Advanced Micro Devices, Inc. IBM Corporation, Infosys Ltd., Intel Corporation, Microsoft Corporation, NVIDIA Corporation, SAMSUNG, SAP SE, Siemens AG, Xilinx, Inc., and others.
๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
Blockchain technology is being increasingly used in the BFSI segment for financial transactions and cross-border payments. Online payments have gained huge attraction. Card-based payment methods using credit and debit cards have become dominant. Blockchain provides increased speed of transaction processing and greater efficiency in real-time processing. It also helps to secure payments, maintain customer identities, and settle cross-border payments. As this technology is decentralized, various financial technology (FinTech) companies are also gaining opportunity to invest a part of their total investment in the blockchain.
In IT industry, there is significant increase in the adoption of IoT devices, which require security in daily transaction. Blockchain technology can be used in tracking billions of connected devices, enabling processing of transitions and coordination between devices.
Due to rapid growth of manufacturing industries, management of supply chain activities have become more complex and demand for data transparency and security have increased. Therefore, companies are focusing on blockchain enabled supply chain technology for faster and efficient supply chain, data transparency for accurate and tamper evident database, and to streamline the business process with the use of blockchain technology. This will drive growth of the global blockchain technology market over the forecast period. For instance, Wal-Mart Stores and Visa are using blockchain to streamline supply chain, speed up payments, and store records.
๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
โข ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฅ๐จ๐๐ค๐๐ก๐๐ข๐ง ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐ฒ๐ฉ๐:
โข ๐๐ฎ๐๐ฅ๐ข๐
โข ๐๐ซ๐ข๐ฏ๐๐ญ๐
โข ๐๐จ๐ง๐ฌ๐จ๐ซ๐ญ๐ข๐ฎ๐ฆ
โข ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฅ๐จ๐๐ค๐๐ก๐๐ข๐ง ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง:
โข ๐๐ฌ๐ฌ๐๐ญ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ
โข ๐๐ง๐ฌ๐ฎ๐ซ๐๐ง๐๐
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โข ๐๐ฎ๐ฉ๐ฉ๐ฅ๐ฒ ๐๐ก๐๐ข๐ง
โข ๐๐ญ๐ก๐๐ซ๐ฌ
โข ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฅ๐จ๐๐ค๐๐ก๐๐ข๐ง ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐ง๐-๐ฎ๐ฌ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
โข ๐๐๐ง๐ค๐ข๐ง๐ , ๐ ๐ข๐ง๐๐ง๐๐ข๐๐ฅ ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ ๐๐ง๐ ๐๐ง๐ฌ๐ฎ๐ซ๐๐ง๐๐
โข ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ
โข ๐๐๐๐ฅ๐ญ๐ก๐๐๐ซ๐
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๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐จ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.coherentmarketinsights.com/insight/talk-to-analyst/2846
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