Press release
Blockchain Technology Market Revenue, Opportunity, Segment and Key Trends with Players Ripple, R3, Coinbase, Huobi, Amazon Web Services, IBM Corporation, Microsoft Corporation
Blockchain Technology Market
From the past few years, blockchain technology has spread its wings across businesses worldwide, making all economic transactions easier and more seamless. It is accelerating the digital revolution of businesses explicitly with the tokenization of physical resources, digitization of processes, automation, and codification of intricate contracts.
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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Alpha point
2. Amazon Web Services Inc.
3. Asta Solutions Pty Ltd.
4. Bacoor Inc.
5. Blocko Inc.
6. Chain Inc.
7. Coinbase Inc.
8. Digiledge
9. Digital Asset Holdings LLC
10. Earthport
11. Exioms Technology Pvt. Ltd.
12. Hewlett Packard Enterprises (HPE)
13. Huobi
14. IBM Corporation
15. Microsoft Corporation
16. Paystand
17. Peer Ledger
18. R3
19. SAP SE
20. SimplyFi SofTech India Pvt. Ltd.
21. SmartMesh Foundation Pte. Ltd.
Blockchain technology can efficiently be used in the stock market to directly transfer shared ownership between several participants instead of using a centralized hub for every transition. The technology proves to be a helping hand for the stock market as it reduces risk, facilitates faster exchange, and offers transparency & security.
The stock market stakeholders like traders, brokers, and regulators, have to go through complex processes, which could take up to around three days to complete because of various intermediaries. Blockchain technology addresses this issue by streamlining mechanism through automation and decentralization. Moreover, it helps stakeholders to reduce the cost boosting the process for faster transactions.
On the regional front, North America is expected to offer lucrative growth opportunities to the blockchain technology market. The technology is deployed across several industry verticals for the implementation of payment & wallet solutions, documentation applications, smart contracts & digital identity detection services.
North America has witnessed heavy venture capital investments in the blockchain sector. Notably, the United States held for around 56% of the share in global blockchain investments between 2012-2017. Several Chinese cryptocurrency mining companies are considering Canada as a lucrative hub for cryptocurrency mining owing to the region's reliable & cheap energy resources. Canada has a cold climatic which helps in maintaining a cool environment for servers, thereby safeguarding them from overheating.
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It is vital to mention that the blockchain technology market is highly fragmented because of strong present of various business start-ups. These companies are actively engaged in raising funds from venture capitalists, prominent industry leaders, and investors to advance their R&D activities. Apart from R3, Microsoft Corporation, IBM Corporation, and SAP SE are other key market players currently at the forefront of blockchain technology market.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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Email: sales@gminsights.com
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
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