Global Blockchain as a Service (BaaS) Market (2018-2025)-GMI Research Global Blockchain Market Opportunities
Global Blockchain Market Opportunities &
Forecast (2018-2025)-GMI Research
Posted by Sarah Nash November 6, 2018 in Information Communication Technology
Global Blockchain Market by Type (Private Blockchain and Public
Blockchain), By Application (Payments, Smart Contracts, Digital Identity,
Governance, Risk and Compliance Management and Others), By Organization
Size (Large Enterprises and Small Medium Enterprises), End-Users (BFSI,
Healthcare, Retail, Government, IT & Telecom and Others) and by Geography
– Opportunities & Forecast, 2018-2025
The blockchain is a distributed digital ledger system which records all the
transactions and securely shares the data with all the participants in the
network. In the blockchain system, each record is referred as ledger and each
data exchange is known as a transaction. The verified transaction is added to
the ledger and is known as a block. The need for data security and
transparency is one of the key factors that is driving the growth of the