FinTech Blockchain Global Market Trajectory & Analytics 2022: Blockchain Will Play Vital Role in Facilitating Financial Inclusion of the Unbanked –

DUBLIN–(BUSINESS THREAD)–The “FinTech Blockchain – Global Market Trajectory and Analysis” the report has been added’s offers

Global FinTech Blockchain Market to Reach $8.7 Billion by 2026

Blockchain technology is transforming the operations of various industries, including the financial services sector. The combination of blockchain and fintech is emerging as the most promising technology combination, which has the potential to transform the fintech industry. Fintech blockchain, the financial technology application of blockchain technology, offers solutions, software, among various blockchain fintech services leveraged by businesses that provide enhanced and automated financial services.

The growth of the global blockchain fintech market can be attributed to factors such as growing consumer demand to own and invest in bitcoins; growing need for cheaper, faster and cross-border payment systems; greater compatibility with the ecosystems of the financial services sector; and the growing requirement for comprehensive security mechanisms. The market is likely to see rapid growth during the pandemic as several governments set up blockchain fintech facilities.

Amid the COVID-19 crisis, the global FinTech Blockchain market, estimated at $1.3 billion in 2022, is projected to reach a revised size of $8.7 billion by 2026, growing at a CAGR of 44.8% during the analysis period.

The US market is estimated at $451.6 million by 2022, while China is expected to reach $874 million by 2026.

The FinTech Blockchain market in the US is estimated at $451.6 million by 2022. The country currently holds a 32.8% share of the global market. China, the world’s second largest economy, is projected to reach an estimated market size of US$ 874 million by 2026, with a CAGR of 52.6% during the analysis period.

Key topics covered:






The digital transformation of the financial services sector is driving market growth. Top Technology Investments in the BFSI Sector: 2021 Rapidly Changing Finance Technology Landscape Supports Blockchain Adoption Blockchain promises to improve transparency, security, immutability and accessibility of systems and processes for services financiers Blockchain Technology’s Transformative Impact on Banking Banks’ Post-Pandemic Industry Focus on Digital Transformation to Benefit Blockchain Adoption: % of Organizations Citing Blockchain’s 2020 Priority blockchain to play a vital role in facilitating the financial inclusion of the unbanked The large unbanked population and focus on their financial inclusion to spur blockchain deployment Online banking Fraud could turn -se in history with Blockchain With online banking fraud losses on the rise, Blockchain has the potential to offer superior security benefits s: Cumulative Global Online Fraud (in Billions of Dollars) 2020-2024 by Region Blockchain-Based Payment Processing – An Asset Area of ​​Interest for Banks Blockchain Adoption to Benefit from the Growing Importance of Decentralized Finance (DeFi) in Developing Economies Decentralized Finance (DeFi) to Bridge Huge SME Funding Gap to Drive Blockchain Adoption as FinTech Disrupts Insurance Industry Application-Ready Blockchain Technology of Blockchain Growth in the Insurance Industry Select Startups Transforming the Insurance Industry Impact of the COVID-19 Pandemic: Financial Challenges and Digital Opportunities for the Insurance Industry Pandemic Accelerates Insurance Digitization, Presents Opportunities for the adoption of Blockchain as the underlying technology of digital currencies, expands the cryptocurrency market for the technology Blockchain After the big turnaround of 2020, 2021 continues to promise growth for the cryptocurrency market as the global economy struggles amid the COVID-19 pandemic, the burgeoning cryptocurrency surprises one and all with remarkable trend-setting developments post-pandemic s in the cryptocurrency market Cryptocurrency prices continue to ride a roller coaster Central banks move into the digital currency space As the new generation of blockchain-based crypto-currencies, stablecoins continue to strengthen institutional investors funds continue to pour into crypto market with cryptocurrencies outperforming major asset classes, institutional interest continues to increase: % growth of cryptocurrencies vs. other asset classes for smart contracts 2020: most promising use case of the distributed ledger technology Blockchain’s growing role in cross-border payments and money transfers Flux g Cross-Border Payments Global (US$ Billion) 2019, 2021, 2023 Global Cross-Border Payments Market Breakdown by Use Case (in %) 2020 Blockchain for Fraud Prevention: A New Weapon and powerful to create capital markets: Blockchain to solve with data duplication, reconciliation errors and settlement delays the main challenges and concerns surrounding blockchain adoption




Companies mentioned

Accenture PLC Amazon Web Services, Inc. Bitfury Group Limited Chain, Inc. Digital Asset Holdings, LLC Huawei Technologies Co. Ltd. IBM Corporation Infosys Limited Microsoft Corporation Oracle Corporation RecordsKeeper Ripple Labs Inc. SAP SE Symbiont Tata Consultancy Services Limited

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About the Author: Chaz Cutler

My name is Chasity. I love to follow the stock market and financial news!