The Business Research Company's regtech market research report expands on key drivers, trends, and growth opportunities in the market.
LONDON , Aug. 17, 2022 /PRNewswire/ -- Blockchain technology is gaining popularity among the RegTech market trends. A blockchain is a distributed ledger that is shared among the nodes of a computer network. It stores information electronically in digital format. Players in the RegTech market are focusing on the launch of blockchain-based platforms to use as a regulatory solution. For instance, in February 2022, Sekuritance, an Ireland-based regulation technology platform launched Mainnet to enable governments, businesses and individuals to use blockchain as a regulatory solution. The Sekuritance Portal is the blockchain-based compliance platform to identify, verify and transact safely online for individuals, SMEs and businesses.
The global regtech market size is expected to grow from $7.9 billion in 2021 to $9.88 billion in 2022 at a compound annual...
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