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(I-BusinessNews.Com, July 31, 2019 ) Meticulous Research® – leading global market research company is researching market titled “FinTech Blockchain Market by Provider (Middleware, Application and Solution), End-user Sector (Banking, Non-banking Financial Services, Insurance), Application (Payments, Clearing, and Settlement, Exchanges and Remittance, Smart Contract, Identity Management, and Compliance Management/KYC), Organization Size, and Region – Global Forecast to 2025’’.

Download Free Sample Report:https://www.meticulousresearch.com/download-sample-report/cp_id=5013

Cryptocurrency is a form of virtual currency which works as a medium of exchange. A complex algorithm of cryptography is incorporated to secure and verify transactions as well as to control the creation of new units of a particular cryptocurrency. Cryptocurrencies are finite entries in database that cannot be changed without fulfilling specific obligations.

Cryptocurrencies transfer funds directly between two parties in a transaction, without the need of trusted third party such as a bank or credit card company. These transfers are facilitated through the use of public keys and private keys for security purposes. Bitcoin, Ethereum, Ripple, Litecoin, Dash, NEO, NEM, Monero, IOTA, and Qtum are the most common cryptocurrencies. Moreover, Bitcoin (BTC) rose 4.89% during the weekend period beginning April 2019, a move that added another $233 to its price tag. Also, the cryptocurrency is changing hands at around $5,248 according to CoinDesk’s Bitcoin Price Index. Thereby, increasing cryptocurrency market cap is expected to boost the fintech blockchain market significantly in the next few years.

Market Segmentation:

FinTech Blockchain Providers

Middleware Providers
Application and Solution Providers
Infrastructure and Protocol Providers

FinTech Blockchain Segmentation by Organization Size

Large Enterprises
Small and Medium-Sized Enterprises

FinTech Blockchain Applications

Payments, Clearing, and Settlement
Exchanges and Remittance
Smart Contract
Identity Management
Compliance Management/ KYC
Others

FinTech Blockchain Verticals

Banking
Non-Banking Financial Services
Insurance

Asia-Pacific: The Fastest Growing Regional Market

North America commanded the largest share of the global fintech blockchain market in 2018, followed by Europe, Asia-Pacific, Middle East & Africa, and Latin America, as North America is the most advanced region in technology adoption and infrastructure. However, Asia-Pacific is the fastest growing regional market due to the growing e-commerce industry coupled with the trend of cryptocurrency and growing financial sector; government support through investments and grants; and growing investments from regional vendors in research and development activities to provide technologically advanced blockchain solutions and the adoption of venture funding.

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Key Players of the FinTech Blockchain Market

The report includes an extensive assessment of the key strategic developments adopted by the leading market participants in the industry over the past 4 years (2016-2019). For instance, in June 2018, Maltese company Ledger Projects has signed a partnership with the Bitfury Group to build innovative blockchain solutions in Malta.

The major players operating in the global fintech blockchain market are Accenture plc (Ireland), AlphaPoint Corporation (U.S.), Amazon Web Services, Inc. (U.S.), Auxesis Group (India), Bitfury USA, Inc. (U.S.), BTL Group (Canada), Cambridge Blockchain, LLC (U.S.), Circle Internet Financial Limited (U.S.), Coinbase, Inc. (U.S.), Digital Asset Holdings LLC (U.S.), Earthport Plc (U.K), Factom, Inc. (U.S.), GuardTime AS (Estonia), IBM Corporation (U.S.), Microsoft Corporation (U.S.), Oracle Corporation (U.S.), RecordesKeeper (Gibraltar), Ripple Lab Inc. (U.S.), Symbiont.io, Inc. (U.S.), and Tradle, Inc. (U.K).

Meticulous Research™
Khushal
+91 744-7780008
sales@meticulousresearch.com

Source: EmailWire.Com

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