Japan Blockchain Technology Market (2018-2023)
- NET3245870
- 80 Pages
- May 2018
- ICT & Media
Blockchain technology is used to record Bitcoin transactions via a global network of computers. It is a continuously growing list of blocks (records) that are linked and secured using cryptography. Each new block created is connected to the previous block via a “cryptographic Hash”. Japan is trying to become the world’s Blockchain hub. Japan’ SBI (Strategic Business Innovator Group) is creating a venture capital fund to invest in Blockchain technology. The fund is expected to reach USD 450 Mn by mid-2018.
By industries, the Japan Blockchain market is divided into BFS (Banking Financial Service), Insurance, Supply Chain management, and healthcare. Banking and Financial Services holds the largest market share. Japan has developed digital customer IDs for the banking sector based on Blockchain technology. The three largest banks in Japan are the Bank of Tokyo-Mitsubishi UFJ (MUFJ), Mizuho and the Smitomo Mitsui Banking Corp, and they use Blockchain technology to view each other’s customer details upon approval. Ripple collaborated with 61 Japanese Banks and developed Blockchain Payment. Japan is also trying to apply Blockchain technology across various other domains. A major Japanese electricity company is collaborating with a start-up to test a peer to peer energy trading system.
After Cryptocurrencies gained recognition in Japan, the Japanese government disclosed various methods to evaluated Blockchain technology that would transform various industries.
Key growth factors:
o Japan has adopted the Blockchain technology for financial transactions and decided to use it to verify government tenders
o Japanese brokerage companies are planning to launch a consortium to drive the adoption of Blockchain technology in the industry. The goal is to boost efficiency and provide better customer service
o Blockchain technology will be widely used in the P2P energy market in order to ensure customers can trade electricity among themselves and automatically receive payment, hence allowing them to reap profits from their excess power
Threats and key players:
o Japan has made very progressive use of Blockchain technology across various domains. However, the country needs to pay more attention to security,and policy making to make maximum utilization of the technology
What’s covered in the report?
o Overview of the Japan Blockchain Technology Market
o The current and forecasted market size data for the Japan Blockchain Technology Market
o The current and forecasted market size data for the segments of the market, by industries– BFS (Banking and Financial services), Insurance, Supply Chain, Healthcare, others
o Market trends in the Japan Blockchain Technology Market
o Market drivers and challenges in Japan Blockchain Technology Market
o Analysis of company profiles of major players operating in the market
Why buy?
o Get a broad understanding of the Japan Blockchain Technology Market and its segments- By industries
o Get region-specific drivers and challenges affecting the Japan Blockchain Technology Market?
o Recognize significant competitors' business and market dynamics, and respond accordingly
Customizations Available
With the given market data, Netscribes offers customizations according to specific needs. Write to us at info@netscribes.com.
1.1 Market scope and segmentation
1.2 Key questions answered in this study
1.3 Executive summary
Chapter 2: Introduction
2.1. Blockchain technology-Functionality
2.2. Blockchain application
2.3. Blockchain use cases
2.4. Value chain-Blockchain technology market
Chapter 3: Japan Blockchain Technology Market overview
3.1. Market overview- Key observations, global historical (2016-2017) and forecasted (2018-2023) market size (USD bn)
3.2. Market trends
3.3. Market drivers
Chapter 4: Japan Blockchain Technology Market by industries
4.1. Japan segmentation by BFS, Insurance, Supply Chain, Healthcare and other industries – Industry overview, market share
Chapter 5: Company profiles
5.1. Coinhive (*)
o Company Snapshot
o Key People
o Financial Standing
o Blockchain Offering
o Focus Area
o Recent Initiatives
o Key Verticals
o Geographical Presence
5.2. JSECoin
5.3. Tidbit
5.4. Coinbase
5.5. BitPay
(*) all the information are similar to the above company
Chapter 6: Start-up Company Overview
Chapter 7: Conclusion
7.1. Blockchain Opportunities
7.2. Conclusion
Appendix
1. List of Tables
2. Research Methodology
3. Assumptions
4. About Netscribes Inc.
Disclaimer: The Table of Contents (ToC) provided above contains the targeted coverage. The coverage is subject to change as we progress with the research.
Similar Reports
The netbook sales in India have been growing strongly with major demand from the home segment. Personal computer market is expected to grow as the economy is recovering from the recession. The newest addition to this consumer product group is notebooks and netbooks. However, it has been seen that there is no clear demarcation between inexpensive notebook and netbook as an upgraded version of a net...
- Publish Date: January 18, 2011
- $950
The Online Movie Rental market in India is at a nascent stage. The market is estimated at INR 601 mn in 2008 and shows huge potential due to a large untapped consumer base. The changing perceptions of people towards entertainment along with a rise in their disposable income and internet usage have driven the market. The report begins with a market overview section that provides an insight into t...
- Publish Date: March 7, 2011
- $950
Local search market in India is a common platform for advertising used by business entities. It has an offline and an online category. Local search space provides a platform to the small and medium scale enterprises to advertise with regards to their products and services through local search engines and print directories such as yellow pages. The report begins with the market overview section wh...
- Publish Date: June 27, 2011
- $950
