Global Fintech Blockchain Market: Key Highlights
Global Fintech Blockchain Market: Key Market Dynamics
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Global Fintech Blockchain Market: Regional Overview
The Fintech Blockchain market in the Asia-Pacific region is projected to witness high demand due to the increasing use in financial sector for the secure purpose.
In 2020, China has launched its blockchain service which is known as Blockchain-based Services Network (BSN). In India the blockchain technology has adapting in many different aspects for government and private sector. Moreover, the Government of India is also taken an initiative for the growth of business and technology.
According to the European Union Blockchain Observatory & Forum, the European government turned digital platform to support the business and government services. There was a declaration which is signed by 22 member states for the partnership with European Blockchain Partnership (EBP) TO enhance the blockchain services infrastructure. The region is helps the research in technology for better development and productivity.
Global Fintech Blockchain Market: Key Players Overview
The IBM Corporation is a leading American computer manufacturer who engages in the provision of an integrated solution which support the business processes and information technology. The company support financial institutions in real transactions and short sell of securities. The IBM is having the best enterprise blockchain as compare to any other organization. The company use the blockchain for real time data in digital as well as traditional assets. In 2019 the company has launched a blockchain-based global payment network with the help of Stellar’s Cryptocurrency.
Ripple is US based technology company which is largely known for its digital payment protocol. The company is real-time gross settlement system, remittance network and currency exchange create by its Ripple Labs. The company is for digital mode of transactions as well as for cryptocurrency. In 2018, the company provides On Demand domestic payment in Japan with the help of Ripple powered mobile application.
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