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(IT-NEWSWIRE.COM, February 14, 2019 ) Blockchain technology is used to record Bitcoin transactions via a global network of computer. It is a continuously growing list of blocks (records) that are linked and secured using cryptography. Each new block created is connected to the previous block via a cryptographic Hash. Blockchain technology is expected to see an increasing adoption among the Indian banks. Private and public companies are exploring blockchain to improve efficiency to ensure transparency.
Download Free Report Sample (PDF) Here:https://www.researchreporthub.com/report/india-blockchain-technology-market/11258/#requestforsample
56% of Indian businesses are moving towards Blockchain technology, making the technology a part of their core business. The key areas the technology is expected to make its maximum impact are payment and fund transfer, post-trade settlements, and digital identity. State governments are conducting trials within their departments. The government of Andhra Pradesh collaborated with various Blockchain start-ups such as Snapper Technologies, and SimpleFy to explore the administrative processes. The state government of Andhra Pradesh is going to integrate its own e-program with Blockchain technology by 2019.
By industry, Blockchain technology has a wide range of applications in India. Finance minister Arun Jaitley stated that the government is looking forward to utilizing Blockchain technology across various sectors to streamline the activities. The Banking and Financial Services sector is expected to make the maximum use of this technology. The Indian government is making a massive investments in the healthcare sector to provide health coverage to low-income families. Blockchain technology is expected to drive this initiative.
Key growth factors: o The digital adoption in India is one of the major factors driving Blockchain technology adoption. o Accordingly the report of ASSOCHAM, about 19% of the Indian population is without bank accounts. Blockchain technology is expected help this part of population create digital identities and help them access banking and financial services.
Threats and key players
o Adoption of Blockchain technology faces severe challenges. The major reason is lack of awareness with regard to nature of Blockchain platforms. o The other challenges are integrating challenges, selection of vendor/ platform o The top five Blockchain developers in India are S-PRO, Consagous Technologies, 10Clouds, Sofocle Technologies, and Sate Development. o The top Blockchain consulting firms are Microsoft Corporation, Deloitte, Tata Consultancy Services, and Wipro
Get Discount & Customization of this Report Here:https://www.researchreporthub.com/report/india-blockchain-technology-market/11258/
Table Of Content
Chapter 1: Executive summary 1.1 Market scope and segmentation 1.2 Key questions answered in this study 1.3 Executive summary
Chapter 2: Introduction 2.1. Blockchain technology-Functionality 2.2. Blockchain application 2.3. Blockchain use cases 2.4. Value chain-Blockchain technology market
Chapter 3: India Blockchain Technology Market overview 3.1. Market overview - Key observations, global historical (2016-2017) and forecasted (2018-2023) market size (USD bn) 3.2. Market trends 3.3. Market drivers
Chapter 4: India Blockchain Technology Market by industry 4.1. India segmentation by BFS, Insurance, Supply Chain, Healthcare and other industries Industry overview, market share
Chapter 5: Company profiles- Blockchain Consulting Firm 5.1. Microsoft Corporation (*) o Company Snapshot o Key People o Financial Standing o Blockchain Offering o Focus Area o Recent Initiatives o Key Verticals o Geographical Presence 5.2. Deloitte 5.3. Tata Communication Services 5.4. Wipro (*) all the information are similar to the above company
Chapter 6: Company Profile- Blockchain Developers 6.1. S-PRO(*) o Overview o Key People o Investor o Client/Partners o Recent Initiatives 6.2. Consagous Technologies 6.3. 10Clouds 6.4. Sofocle Technologies 6.5. Sate Development (*) all the information are similar to the above company
.....
Get Complete TOC with Figures and Tables Here:https://www.researchreporthub.com/report/india-blockchain-technology-market/11258/#toc
Research Report Hub Research Report Hub offers wide-ranging collection of market research reports under virtually every market verticals and sub-categories from different publishers across the globe. We offer reliable market intelligence reports and report customization services to better understand current and projected market scenarios. It also gives a clearer depiction of industries and facilitates to simply perceive competitor activity in the respective industry. Our services are also geared towards helping organizations procure market reports at the finest price. About US
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Web:www.researchreporthub.com Find us on: <||>rnhttps://www.facebook.com/reasearchreporthub/ <||>rnhttps://twitter.com/hub_report <||>rnhttps://www.linkedin.com/company/research-report-hub/
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+918448444687
sales@researchreporthub.com
Source: EmailWire.Com
Source: EmailWire.com
(IT-NEWSWIRE.COM, February 14, 2019 ) Blockchain technology is used to record Bitcoin transactions via a global network of computer. It is a continuously growing list of blocks (records) that are linked and secured using cryptography. Each new block created is connected to the previous block via a cryptographic Hash. Blockchain technology is expected to see an increasing adoption among the Indian banks. Private and public companies are exploring blockchain to improve efficiency to ensure transparency.
Download Free Report Sample (PDF) Here:https://www.researchreporthub.com/report/india-blockchain-technology-market/11258/#requestforsample
56% of Indian businesses are moving towards Blockchain technology, making the technology a part of their core business. The key areas the technology is expected to make its maximum impact are payment and fund transfer, post-trade settlements, and digital identity. State governments are conducting trials within their departments. The government of Andhra Pradesh collaborated with various Blockchain start-ups such as Snapper Technologies, and SimpleFy to explore the administrative processes. The state government of Andhra Pradesh is going to integrate its own e-program with Blockchain technology by 2019.
By industry, Blockchain technology has a wide range of applications in India. Finance minister Arun Jaitley stated that the government is looking forward to utilizing Blockchain technology across various sectors to streamline the activities. The Banking and Financial Services sector is expected to make the maximum use of this technology. The Indian government is making a massive investments in the healthcare sector to provide health coverage to low-income families. Blockchain technology is expected to drive this initiative.
Key growth factors: o The digital adoption in India is one of the major factors driving Blockchain technology adoption. o Accordingly the report of ASSOCHAM, about 19% of the Indian population is without bank accounts. Blockchain technology is expected help this part of population create digital identities and help them access banking and financial services.
Threats and key players
o Adoption of Blockchain technology faces severe challenges. The major reason is lack of awareness with regard to nature of Blockchain platforms. o The other challenges are integrating challenges, selection of vendor/ platform o The top five Blockchain developers in India are S-PRO, Consagous Technologies, 10Clouds, Sofocle Technologies, and Sate Development. o The top Blockchain consulting firms are Microsoft Corporation, Deloitte, Tata Consultancy Services, and Wipro
Get Discount & Customization of this Report Here:https://www.researchreporthub.com/report/india-blockchain-technology-market/11258/
Table Of Content
Chapter 1: Executive summary 1.1 Market scope and segmentation 1.2 Key questions answered in this study 1.3 Executive summary
Chapter 2: Introduction 2.1. Blockchain technology-Functionality 2.2. Blockchain application 2.3. Blockchain use cases 2.4. Value chain-Blockchain technology market
Chapter 3: India Blockchain Technology Market overview 3.1. Market overview - Key observations, global historical (2016-2017) and forecasted (2018-2023) market size (USD bn) 3.2. Market trends 3.3. Market drivers
Chapter 4: India Blockchain Technology Market by industry 4.1. India segmentation by BFS, Insurance, Supply Chain, Healthcare and other industries Industry overview, market share
Chapter 5: Company profiles- Blockchain Consulting Firm 5.1. Microsoft Corporation (*) o Company Snapshot o Key People o Financial Standing o Blockchain Offering o Focus Area o Recent Initiatives o Key Verticals o Geographical Presence 5.2. Deloitte 5.3. Tata Communication Services 5.4. Wipro (*) all the information are similar to the above company
Chapter 6: Company Profile- Blockchain Developers 6.1. S-PRO(*) o Overview o Key People o Investor o Client/Partners o Recent Initiatives 6.2. Consagous Technologies 6.3. 10Clouds 6.4. Sofocle Technologies 6.5. Sate Development (*) all the information are similar to the above company
.....
Get Complete TOC with Figures and Tables Here:https://www.researchreporthub.com/report/india-blockchain-technology-market/11258/#toc
Research Report Hub Research Report Hub offers wide-ranging collection of market research reports under virtually every market verticals and sub-categories from different publishers across the globe. We offer reliable market intelligence reports and report customization services to better understand current and projected market scenarios. It also gives a clearer depiction of industries and facilitates to simply perceive competitor activity in the respective industry. Our services are also geared towards helping organizations procure market reports at the finest price. About US
Research Report Hub Sector 04, Plot 101, Sant Nagar, Moshi PCNDTA, Pune, 412105 Maharashtra, India
Web:www.researchreporthub.com Find us on: <||>rnhttps://www.facebook.com/reasearchreporthub/ <||>rnhttps://twitter.com/hub_report <||>rnhttps://www.linkedin.com/company/research-report-hub/
Research Report Hub
PrakritiMathur
+918448444687
sales@researchreporthub.com
Source: EmailWire.Com
Source: EmailWire.com
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