Blockchain in Supply Chain Finance Market
Blockchain in Supply Chain Finance Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Blockchain in Supply Chain Finance Market Size and Growth
The Blockchain in Supply Chain Finance market is rapidly expanding, driven by growing demand for transparency and efficiency. As of 2023, the market size is estimated to reach approximately $1.6 billion, reflecting significant investment in technology to enhance transaction security and streamline processes across various industries.
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Companies Covered
(Covid 19 Impact Covered)
◍ 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
The blockchain in supply chain finance market features companies like IBM, Ripple, and Accenture, leveraging blockchain for enhanced transparency, tracking, financing, and security in transactions. These firms enhance efficiency and reduce costs, fostering market growth. For example, IBM reported $57.4 billion revenue, and HSBC had $51.3 billion. Other companies also contribute significantly.
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Market Segmentation
By Application
Trade Finance
Digital Currency ◍ Identity Management ◍ Others
By Product
IT Solution
Exchange and Other ◍ Cross-border Payment
FinTech
Bank
Consulting
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$ 43.01 Billion
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