Blockchain in Energy Market Growing at a CAGR of 78.32% from 2018 to 2023
Blockchain is revolutionizing almost every other industry. It is basically a database of transactions which is distributed among multiple computers. It is now gradually moving beyond financial services and cryptocurrencies, and is being touted as the next big thing in the energy sector. The blockchain applications are expected to decentralize the energy industry, reduce peer-to-peer transaction costs,...
Blockchain Is Changing Its Ways Towards in Retail Industry-Analysis
Blockchain is a distributed and decentralized ledger that facilitates collaboration and trust in the internet space. The blockchain technology provides secured sharing of information while making it transparent and immutable for all the participants. The integration of the blockchain technology in the retail sector gradually increasing to enhance business decision-making process, ease of compliance...
Blockchain Market: Around 25 Companies analyzed across this ecosystem like IBM And Microsoft
The blockchain market size is estimated to be USD 411.5 million in 2017 and is projected to reach USD 7,683.7 million by 2022, growing at a Compound Annual Growth Rate (CAGR) of 79.6%.The demand for distributed ledger technology, reduced total cost of ownership, rising cryptocurrencies market cap and initial coin offerings, increasing demand for simplified business processes, transparency and immutability,...