Pune, India -- (SBWIRE) -- 03/29/2019 -- Blockchain uses a distributed database and cryptographic encryptions to record various transactions. Blockchain acts as an open ledger capable of keeping tacks of transactions between two parties. Blockchain would reduce the number of third parties present in between a transaction saving time and money. Additionally, blockchain also provides better security against frauds.

Several major market players like IBM and Microsoft are spending rigorously in R&D activities for development of innovative blockchain solutions. Several banks such as JP Morgan Chase have accepted blockchain for various functions. Improved efficiency, lower expenses and enhanced security are the major factors that expected to drive the growth of blockchain in banking market whereas low rate of acceptance in various regions is expected to hamper the growth of this market.

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The "Global Blockchain in Banking Market Analysis to 2027" is a specialized and in-depth study of the Blockchain in banking industry with a focus on the global market trend. The report aims to provide an overview of the global Blockchain in banking market with detailed market segmentation by product type, application and geography. The global Blockchain in banking market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the Blockchain in banking market.

Major Key Vendors: Accubits Technologies, BTL GROUP, Clearmatics Technologies LTD, FUJITSU, IBM Corpration, JPMorgan Chase & Co., Microsoft Corporation, Primechain Technologies Pvt. Ltd, R3, and Signzy among others.
The report provides a detailed overview of the Blockchain in banking industry including both qualitative and quantitative information. It provides an overview and forecast of the global Blockchain in banking market based on by deployment usage, product type and application. It also provides market size and forecast till 2027 for overall Blockchain in banking market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

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Blockchain in banking Market – Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.

Key questions answered in the report include
- What will the market size and the growth rate be in 2027?
- What are the key factors driving the global Blockchain in banking market?
- What are the key market trends impacting the growth of the Blockchain in banking market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the vendors in the global Blockchain in banking market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the Blockchain in banking market?

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