Rising the need to simplify business processes & venture investments in blockchain technology is projected to offer lucrative opportunities to the future market
PORTLAND , PORTLAND, OR, UNITED STATE, September 14, 2022 /EINPresswire.com/ -- According to a recent report published by Allied Market Research, the global blockchain in BFSI market size was valued at $277.1 million in 2018 and is projected to reach $22.46 billion by 2026, growing at a CAGR of 73.8% from 2019 to 2026.
Blockchain as digital technology has progressed a lot in recent years, due to which the financial sector is experiencing a major transformation globally. Moreover, online payments, card-based payment methods, and credit & debit cards have become dominant and gained huge traction in the recent past. And, blockchain is expected to support all these changes by enabling increased speed of transaction and real-time processing.
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