Blockchain Technology Market growth outlook with industry review and forecasts

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Blockchain Technology Industry analysis research
and trends report for 2017-2024 Global Market
Insights Inc.
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Regional Analysis of Blockchain Technology
Market

• North America is expected to hold a major share
  of the blockchain technology market due to its
  early adoption owing to its associated benefits
  of transparency and immutability of financial
  transactions. Recently, at the Data Transparency
  2017 conference the federal chief information
  officer, stated that the U.S. government is
  exploring possible avenues related to blockchain
  technology that could benefit the operations of
  the federal government.

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Application Analysis of Blockchain Technology
Market

• Financial applications of blockchain technology
  market include insurance and private securities
  used for different applications such as unique
  identification of assets and implementing private
  equity exchange. Non-financial applications of
  the technology include decentralized data
  storage, public notarization, enabling
  decentralized IoT platforms, and anti-counterfeit
  solutions.
• Blockchain technology has been used for various
  financial and non-financial applications around
  the world for the past three to four years. The
  current digital economy relies on trusted
  third-party authorities to ensure the safety and
  privacy of digital transactions and assets. Such
  third-party sources can be compromised,
  manipulated or hacked, thus, endangering the
  privacy of financial transactions and the
  security of digital assets. The technology comes
  handy in such situations as it allows the
  verification of every transaction executed in the
  past without compromising the safety of the
  digital assets which belong to the participating
  parties.

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Market research reports Key analytical components
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Competitive Market Share of Blockchain
Technology Market

• Some of the leading players operating in the
  blockchain market are, IBM, Microsoft, The Linux
  Foundation, Deloitte, Chain, Ripple Labs, Plutus
  Financial, R3, Safello,Digital Asset Holdings,
  LLC, Circle Internet Financial Trading Company,
  Global Arena Holding, Alphaphoint, Intelygenz ,
  Coinbase , Bitfury, and BTL Group .

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