Blockchain Market In Government Market

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A Glimpse of What Lies Ahead for the Blockchain
Market in Government Market
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North America will dominate the Blockchain Market
in Government Market Americas region holds the
largest market share and growth in the Block
chain market in government. However, APAC is
expected to witness highest growth during the
forecast period. Americas Blockchain Market in
Government is mainly driven by the rising
concerns about fraud prevention and other
security needs such as data tampering. The key
applications in this region include smart
contacts, and payments systems among others.
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3
Selected Regulatory Analysis Done in the Full
Report
When the data grows from metadata to big data,
the records become tough to handle. However,
Blockchain technology enable the maintenance of
all public distributed databases by
linking them using cryptography. This way it
eliminates the third party intervention and
preserves the integrity of the stored
information. Though Blockchain Technology is
originally intended for Cryptocurrency, it is now
finding other potential uses and is being hailed
as digital gold. Now Blockchain technologies
have penetrated deeply into every industry
possible. In the words of Mark Russinovich, CTO
of Microsoft Azure we are interested in
blockchain, because our customers are.
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4
Selected Driving Factors Mentioned in the Full
Report

• Absence of legacy financial systems in many
  nations is reportedly spurred the Blockchain
  Market in Government.
• The Blockchain Market in Government is likely to
  witness exponential growth through roll outs and
  other commercial implications.
• As per a study by Accenture, banks could save
  more than 7 billions annually by shifting
  certain functions to blockchain.

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5
Key Players of the Blockchain Market In
Government Market

• Microsoft Corporation (U.S.) Kroger
•  IBM Corporation (U.S.)
• Deloitte Touche Tohmatsu Limited (U.S.)
• Ripple (U.S.)

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6
You Can Customize the Report as Per Your Need. We
have included Some Customization Options
Company Profile
Analyst Briefing
Data Tables
Key Contacts
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7
About IndustryARC
IndustryARC is a research and consulting firm
that publishes more than 500 reports annually in
various industries, such as Agriculture,
Automotive, Automation Instrumentation,
Chemicals and Materials, Energy and Power,
Electronics, Food Beverages, Information
Technology, Life sciences Healthcare. IndustryA
RC primarily focuses on Cutting Edge Technologies
and Newer Applications of the Market. Our Custom
Research Services are designed to provide
insights on the constant flux in the global
demand-supply gap of markets. Our strong analyst
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