Steady increase in funding, and multiple agreements in blockchain start-ups is likely to aid businesses in developing blockchain services and solutions that is anticipated to drive the global market
Private blockchain technology demand is projected to increase as more companies implement private blockchain technologies to protect and expedite the transfer of sensitive data
WILMINGTON, Del., Sept. 29, 2022 /PRNewswire/ -- In 2021, the value of global industrial blockchain technology market stood at US$ 3.80 Bn. The global market is anticipated to rise at 80.3% CAGR during the forecast period, from 2022 to 2031. By 2031, the global industrial blockchain technology market is likely to touch US$ 1.3 Trn. The numerous benefits provided by blockchain technology exert a favorable influence on the global industrial blockchain technology market. Industry-specific blockchain technology deployment is anticipated to overcome typical constraints including distribution channel access and product...
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