Report overview
Block chain finance is the application of block chain technology in the financial field. Financial services industry is the driving force of global economic development, and is also one of the most centralization industries. The asymmetric information between the two parties in the financial market leads to the failure to establish an effective credit mechanism. There are a large number of central credit intermediaries and information intermediaries in the industrial chain, which slows the efficiency of the system and increases the cost of funds. The open and no tampering properties of block chain technology provide the possibility for the centralization of the trust mechanism, and have the potential to change the financial infrastructure. All kinds of financial assets, such as equity, bond, bill, warehouse receipt and fund share, can be integrated into the block chain books, and become the digital assets of the chain, in the block chain. Store, transfer, and trade. It has a broad prospect of application in the financial field. For example, it has a typical application in cross-border payment, insurance claims, securities trading, bills and so on. Other segements include Proof of equity and exchange stock exchange?Financial audit?loyalty and rewards.
This report contains market size and forecasts of Blockchain Finance in Global, including the following market information:
Global Blockchain Finance Market Size 2024-2029, ($ millions)
The global Blockchain Finance market is projected to reach US$ 120610 million by 2029.
Global Blockchain Finance key players include IBM, Ripple, Accenture, etc. Global top three manufacturers hold a share over 55%.
North America is the largest market, with a share over 35%, followed by Europe and Asia-Pacific, both have a share over 55 percent.
In terms of product, IT Solution is the largest segment, with a share about 60%. And in terms of application, the largest application is Cross-border Payment, followed by Trade Finance.
We surveyed the Blockchain Finance companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Blockchain Finance Market, by Type, 2024-2029 ($ millions)
Global Blockchain Finance Market Segment Percentages, by Type
IT Solution
FinTech
Bank
Consulting
Exchange and Other
Global Blockchain Finance Market, by Application, 2024-2029 ($ millions)
Global Blockchain Finance Market Segment Percentages, by Application
Cross-border Payment
Trade Finance
Digital Currency
Identity Management
Others
Global Blockchain Finance Market, By Region and Country, 2024-2029 ($ Millions)
Global Blockchain Finance Market Segment Percentages, by region and country
United States
Europe
Asia
China
Rest of World
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include:
IBM
Ripple
Rubix by Deloitte
Accenture
Distributed Ledger Technologies
Oklink
Nasdaq Linq
Oracle
AWS
Citi Bank
ELayaway
HSBC
Ant Financial
JD Financial
Qihoo 360
Tecent
Baidu
Huawei
Bitspark
SAP
