Crypto Currency Market 2016 Size, Share, Trend, Growth, Research, Industry Analysis and Forecast to 2020 by Market Research Store

Deerfield Beach, FL -- (SBWire) -- 02/15/2016 --About Cryptocurrency

Cryptocurrency is a form of digital currency that is independent of any centralized bank. It is an encrypted code that can be transferred digitally using devices such as smartphones. Transactions using this currency are secure and easy unlike traditional card and cash purchases and do not require repetitive authentication. Most vendors and consumers are adopting cryptocurrency owing to the ease of transaction, which is one of the prime drivers for the cryptocurrency market.

The encrypted code assigned for the stores can be scanned through smartphones and cryptocurrency can be transferred from the digital wallet of a purchaser to the digital wallet of the storekeeper. Unlike card transactions, these transactions do not incur service charges from the bank and are instant.

Covered in this report

The report covers the present scenario and the growth prospects of the global cryptocurrency market in terms of volume for 2016-2020. To calculate the total market capitalization, the report considers market capitalization of all cryptocurrencies present in the market.

Request For Free Report Sample @ http://www.marketresearchstore.com/report/global-crypto-currency-market-2016-2020-46767#RequestSample

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

Global Cryptocurrency Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Bitcoin
- Litecoin
- Namecoin
- Novacoin
- Peercoin
- Ripple

Enquiry About This Report @ http://www.marketresearchstore.com/report/global-crypto-currency-market-2016-2020-46767#InquiryForBuying

Other prominent vendors
- Bitshares
- Bytecoin
- Dogecoin
- Feathercoin
- Primecoin
- Megacoin
- Nxt
- Steller

Market driver
- Ease of transaction
- For a full, detailed list, view our report

Read More Research with TOC @ http://www.marketresearchstore.com/report/global-crypto-currency-market-2016-2020-46767

Market challenge
- Facilitates illegal businesses
- For a full, detailed list, view our report

Market trend
- Rival to banks
- For a full, detailed list, view our report