Blockchain in Fintech Market Companies - Trends, Applications, Opportunity Assessment and Forecast to 2023
Overview: The global blockchain in fintech market is all set to witness a stellar leap of CAGR 75.2% during the forecast period (2018-2023). Its current valuation to soar high from a meager USD 231.63 million to a colossal USD 6700.63 million by 2023, reveals Market Research Future (MRFR) in an extensive report on the same. The report includes drivers such as its compatibility with the financial industry ecosystem, role in making transactions faster and part in reducing total cost of ownership. Sector-wise, blockchain in fintech market is gaining accolades from cryptocurrency market, and initial coin offering (ICO) which can ensure a safe path towards new heights for the blockchain in fintech market. However, stringent regulatory standards and frameworks can be a hindrance for future growth of the blockchain in fintech market. But the market can stay away from such pitfalls as it is gaining traction in payments, clearance & settlements, smart contract, identity management, and a n...