Blockchain Market in Asia Pacific to See 87% CAGR Till 2024: Blocko, Blockstream, Coinbase, Digiledg, Earthport and 22 Other Companies Profiled
Blockchain Market is driven by the growing adoption of the technology by financial institutions. The technology is disrupting the financial industry by modifying the business operations and developing new business models. It can significantly reduce the cost of operation and enhance the efficiency of several applications such as trade finance, cross-border payment, documentation or KYC, digital identity management, and collateral management. This is encouraging the financial institutions to adopt the blockchain technology to optimize the business performance.
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