Reasons for Tremendous Growth of Cryptocurrency and Blockchain Market During 2018-2023

The Demand For Cryptocurrency and Blockchain is Expected to Enhance The Market Growth By focusing on top Key Operating Vendors like Intel Corporation, Microsoft Corporation, NVIDIA Corporation, BitFury Group Limited, Alphapoint Corporation, Advanced Micro Devices, Xilinx, BitGo, Ripple, BTL Group Ltd.


Pune, India -- (SBWIRE) -- 03/05/2018 -- Cryptocurrency market is currently driven by fast, global, and secure transactions processing, low cost of remittance offered by cryptocurrencies, and growth in venture capital investments. Cryptocurrencies use cryptography system to control the creation of additional units and to secure the integrity of transactions. In cryptography, only the owner with private key can send the cryptocurrencies, which make the transactions highly secure and authentic. Further, transactions get confirmed within minutes irrespective of physical location of sender and receiver because of an extensive geographically diversified miner network base.

Blockchain technology refers to a distributed database for all the digital transactions, which eliminates the need for the third party to authenticate the transactions. In recent years several consumers, institutions, and organizations are adopting blockchain technology as it not only reduces the transaction cost as it removes a point of verification but also speeds up the actual transaction process. Owing to this very reason the global market is expected to witness a remarkable progress rate in the coming few years.

Some of the most prominent Key Vendors:
Intel Corporation, Microsoft Corporation, NVIDIA Corporation, BitFury Group Limited, Alphapoint Corporation, Advanced Micro Devices, Xilinx, BitGo, Ripple, BTL Group Ltd.

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The analysts have sectioned the overall market into North America, Latin America, Europe, Asia-Pacific, and the Middle East and Africa. The prospects of each of these business sectors for Cryptocurrency and Blockchain has been computed for the conjecture time span 2017– 2025. In any case, for the evaluated time allotment 2013– 2017, the specialists have endeavored to anticipate the value, revenue, sales, and share of the overall industry by region. These components have moreover been computed by type and application. On the premise of the manufacturer, average, and sales the income of the market has been foreseen for the recent years, i.e. 2017 and 2018.

The report also presents a thorough overview of the competitive landscape of the Global Cryptocurrency and Blockchain Market. The report includes market share and detailed business profiles of some of the market's key players. The companies have been profiled on the basis of criteria, such as an overview of product types, finances, revenues, business strategies, and recent developments. The study on the key strength, weaknesses, threats, and opportunities of new as well as existing players also forms a vital part of this research publication.

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Table Of Content:

Chapter 1 Cryptocurrency and Blockchain Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

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