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Fintech Blockchain Market Emerging Technologies, CAGR Status, Industry Demand, Global Competitors and Future Scope
The Fintech Blockchain industry report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the The Fintech Blockchain Market by region.
- February 2019 – Under University Blockchain Research Initiative (UBRI) Ripple has partnered with the leading universities such as Carnegie Mellon University, Cornell University, Duke University, Georgetown University etc. to support the industry to grow the blockchain ecosystem. This global initiative that was launched in 2018 and is now expanding to China and Singapore. This initiative will accelerate technical development, innovation and academic research in blockchain, digital payments and crypto currency.
- April 2019 – Auxesis Services & Technologies (P) Ltd. launched blockchain certificate Issuance Platform. This platform is launched on Auxledger Network. This was the initiative taken by NITI Aayog, Government of India which signed a SOI agreement with Auxesis Services & Technologies (P) Ltd. The platform is based on complete “trust-free” approach with capabilities of smart contracts
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Pre-Post COVID-19 Impact on Global Fintech Blockchain Market
COVID-19 is an infectious disease caused by the most recently discovered novel corona virus. Largely unknown before the outbreak began in Wuhan (China) in December 2019, COVID-19 has moved from a regional crisis to a global pandemic in just a matter of a few weeks.
In addition, production and supply chain delays were also witnessed during the second quarter which poised a challenge to the Fintech Blockchain Market, since end-user industries were still not operating at their full capacity.
Who are the Major Fintech Blockchain Market Vendors?
- Microsoft Corporation
- Ripple
- com
- Oracle
- Digital Asset Holdings
- Bitfury Group Limited.
- Liquefy Limited.
- Earthport PLC
Secondary Research:
This research study made extensive use of secondary sources, directories, and databases such as Hoover’s, Bloomberg BusinessWeek, Factiva, and OneSource to identify and collect information useful for a technical, market-oriented, and commercial study of the global market. Other secondary sources included company annual reports, press releases, and investor presentations, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.
Primary Research:
Various sources from both the supply and demand sides were interviewed during the primary research process to obtain qualitative and quantitative information for this report. Primary sources included industry experts from the core and related industries, as well as preferred suppliers, manufacturers, distributors, technology developers, researchers, and organizations from all segments of the value chain of this industry. To obtain and verify critical qualitative and quantitative information, in-depth interviews were conducted with a variety of primary respondents, including key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants.
Estimation of Market Size
The total size of the Fintech Blockchain Market was estimated and validated using both top-down and bottom-up approaches. These methods were also widely used to estimate the size of various market sub segments. The following research methodologies were used to estimate market size:
Extensive secondary research was used to identify the industry’s key players.
The revenues generated by the market’s leading players in molecular diagnostics have been determined through primary and secondary research.
All percentage shares, splits, and breakdowns were calculated using secondary sources and confirmed using primary sources.
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