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Blockchain Technology Market - Real-time Info Desired during 2018 – 2022

02-14-2018 08:42 AM CET | IT, New Media & Software

Press release from: Market Research Future - MRFR

Blockchain Technology Market - Real-time Info Desired during

The global market for Blockchain Technology market is expected to grow over the CAGR of around ~51% during the period 2016 to 2022 and expected to reach at market size of USD ~2 billion in 2022.

Market Highlights:
The global Blockchain Technology Market has been evaluated as growing market and expected that the market will touch high growth figures in upcoming years. The increasing concern regarding secure and faster online payment options by end-users, the banks & other financial institutes is investing in the bitcoins transaction market. Major industries such as IBM Inc., Microsoft Corporation, Coinbase and Chain Inc. among various other organizations is making innovative development in the field of Blockchain technology and thereby providing their services to the consumers.

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Blockchain Technology Market:
Blockchain technology is the technological innovation where it provides secure gateway for payment or money transaction without interference of third party and keeps track record of each bitcoin transaction in a designed digital blocks.

The Blockchain technology provides various services such as payments & transactions, contracts, digital identity, documentation, and exchanges among others. This block chain technology is serving various application sectors such as banking & finance, healthcare, government, media & entertainment, and retail among others.

Key Players:
IBM Corporation (U.S.), Microsoft Corporation (U.S.), and Deloitte, Inc. (U.S.), Ripple (U.S.), Coinbase (U.S.), Chain, Inc. (U.S.), Abra, Inc. (U.S.), Bitfury Group (U.S.), Block-chain tech Ltd. (U.K.), and Earthport PLC (U.K.) among others.

Get Report Details @ https://www.marketresearchfuture.com/reports/block-chain-technology-market-1708

Market Research Analysis:
The fastest growing technology and business environment is developing need for fast and secure digital applications for instance a business deal or contract need to do payment transaction to make it a valid contract without interference of third party. Bitcoin transactions provide secure and encrypted gateway for payments where receiver can get his payment without any threat of loss in between transaction interval. The growing adoption of advanced programming platforms by companies is developing high demand for Blockchain technology market. The current challenges for the market are lack of security standards and growing threat of cyber-attack which is thereby hampering the market growth.

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members

Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

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