Blockchain Technology Market Size Likely To Reach USD 7.74 Billion By 2024
“The market is expected to grow rapidly owing to numerous benefits that it provides, such as eradication of the requirement of a financial institution to validate transactions, reduce duplicative record keeping, eliminate reconciliation, minimize error rates, and facilitate faster settlement.�
Global Blockchain Technology Market is expected to reach USD 7.74 billion by 2024, according to a new report by Grand View Research, Inc. Blockchain is the underlying technology that originated in the form of a public ledger to keep a track of all cryptocurrency transactions. The technology works as an electronic transactionprocessing and record-keeping system. This allows various participants that are connected to the network, usually public, to track information through a secure network, thereby eliminating the need for any kind of third-party verification. Access Full Research Report on Blockchain Technology Market: http://www.grandviewresearch.com/industry-analysis/blockchain-technologymarket
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