Acumen Research and Consulting Blockchain Distributed Ledger Technology Market Si | Página 2

The major factor driving the block chain distributed ledger technology market is the rising implementation of this technology in the banking sector. In addition, the adoption of block chain distributed ledger technology across the public & government also supports the growth of the market. Also, the advantages offered by the block chain distributed ledger technology such as low cost of transaction, reduction in the chances of thefts, and an increased secrecy compared to other electronic payments methods drives the market globally. However, the market growth for block chain distributed ledger technology is likely to be hampered due to the lack of awareness regarding the advantages of cryptocurrency in emerging economies such as Asia Pacific and Latin America. Free Download Sample Report Pages for Better Uunderstanding@ https://www.acumenresearchandconsulting.com/reque st-sample/1288 Block chain distributed ledger technology market has been segmented based on type, industry, and application. Based on type the market is segmented into public, private, and consortium. Private block chain accounted for the major share of the market as a private block chain offers several control layer in order to have a secured transaction. Private block chain also offers control over the participating members in the process of the blockchain. Based on industries, the market is bifurcated into BFSI, government, healthcare, energy & utilities, manufacturing & industrial products, retail & E-commerce, and others. BFSI dominated the market owing to matured banking sector throughout the global. Financial transactions, smart property, smart contract, block chain identity, supply chain management, digital voting, and others are the various applications of block chain distributed ledger technology. Asia Pacific to be the most attractive market for Block chain Distributed Ledger Technology during the forecast period The report focuses on the regional markets including North America, Europe, Asia-Pacific, and Rest of the World. Among these markets, North America was the Would like to place an order or any question, please feel free to contact at [email protected] | [phone]