ICT & Media

Blockchain and Cybercurrency

  • WIN2438726
  • 210 Pages
  • January 2018
  • ICT & Media
WinterGreen Research announces that it has published a new study Blockchain: Market Shares, Strategy, and Forecasts, Worldwide, 2018 to 2024. The 2018 study has 210 pages, 72 tables and figures. The leading vendors in the Blockchain industry have invested in high-quality technology and processes to develop leading edge capability ising inhouse technology and technology provided by partners. .

A $706 million market worldwide in 2017 after 10 years of being on the market, the blockchain market has evolved rather slowly. Its biggest use has thus far been to hide the money of criminals and terrorists. After this inauspicious beginning, it is on the cusp of phenomenal growth, ready to reach $60 billion worldwide as it creates new digital economic infrastructure. Moving past a nefarious history, the blockchain market moves into rapid growth mode as the digital economy takes hold. As the banks and finance industry move into the modern age of real time transaction processing, blockchain is a core enabling technology. This market segment previously has been held back in part by the outdated aspects of the mainframe computing technology. Blockchain is spurred by more modern ways to manage global transactions across national borders from IBM, Microsoft, and Accenture. Blockchain is a type of distributed ledger system providing enhanced security to the real time digital economic process. Blockchain is comprised of blocks of digitally recorded data.
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