R3’s Marco Polo Trade Blockchain Takes Another Step Toward Production

Marco Polo, the trade finance blockchain network launched in 2017 by R3 and TradeIX, is moving slowly but surely toward production.

The latest milestone in the 22-bank blockchain consortium’s methodical piloting process allows a third party to a trade (in this case a logistics provider) to trigger a payment to a supplier in real-time at the moment the goods are on their way to their destination.

This work builds on the first Marco Polo test transactions carried out in March of this year between two member banks – LBBW and Commerzbank – which executed a trade between engineering technology firm Voith and KSB SE, a pump and valve manufacturer. This time, besides the two companies involved, logistics provider Logwin AG added data to the blockchain and initiated the payment obligation.

Related:New Zealand’s ASB Bank Takes Stake in Trade Finance Blockchain Startup

Gerald Böhm, head of guarantees and trade finance at Voith, said in a statement on Wednesday:

“For the first time, we have processed the purchase and delivery of special hydraulic couplings from Germany to Taiwan using blockchain technology. We executed this transaction with KSB, the leading pump and valve manufacturer, via the Marco Polo network.”

Ralf van Velzen, head of export financing at KSB SE & Co, added: “As a buyer, together with our bank we can ensure that the payment commitment becomes effective only if the goods are actually in the hands of the logistics provider, and on their way to the delivery destination”

Global trade and its transactional banking arrangements are hampered by data being locked in silos and in some cases paper-based processes. Getting participants on the same page and working together in real-time removes risk from trade networks. Or, as elegantly stated in a recent report by TradeIX, up until now, trading parties have simply been sending and receiving messages that are reflections of the past, not the present.

Busy space

Related:Standard Chartered Completes First Transaction on Blockchain Trade Platform Voltron

Because of the obvious efficiency gains, blockchain-based trade finance is now a busy space. There are some 30 consortia working in this area, including Voltron which also runs on R3’s Corda network; ethereum-based CargoX; and Asia-focused eTrade Connect, which works on Hyperledger Fabric.

In terms of how this race is being run, first out the blocks into live production was we.trade, the IBM Blockchain partnered European SME-focused trade consortium, which also runs on Hyperledger Fabric. There are clear interoperability plays on the side of the Corda and Fabric networks, and there are also some banks involved in multiple projects running on different flavors of DLT.

Things look promising in the long run for firms running on R3’s open-source Corda, which is growing into a vibrant network. So while we.trade forges onward (and it may be some time in 2020 before Marco Polo sees the full light of day) there are some tantalizing possibilities ahead for Corda users, such as enabling instant of settlement of trades via “cash on the ledger.”

In a recent interview showcasing Corda-based Digital Asset Shared Ledger (DASL), Richard Crook, CEO of Lab577 predicted that goods and services would soon be able to flow one way across the ledger and the payment for those goods and services to flow the other way on the same ledger.

“In the case of trade finance, you want to have stores of value on-chain which the Marco Polos and the TradeIXs of the world can use,” he said.

Marco Polo travels image via Shutterstock

Related Stories

Related:

  • No Related Posts

IBM and Tata join DLT platform Hedera Hashgraph’s governing council

Distributed ledger platform Hedera Hashgraph has announced that IBM and Tata Communications have joined the Hedera Governing Council, the body charged with overseeing governance of the distributed ledger technology (DLT) platform.

Special feature

How Blockchain Will Disrupt Business

How Blockchain Will Disrupt Business

Blockchain has the potential to rewrite the economy and change the balance of power across industries. It also has specific uses for the enterprise.

Read More

In joining the council, IBM VP of blockchain technologies Jerry Cuomo said Big Blue sees the potential for the Hedera platform to simplify the deployment of Hyperledger in the enterprise.

The IBM Blockchain Platform is built on top of Hyperledger Fabric, an open source blockchain project from the Linux Foundation.

Read also: IBM launches Trust Your Supplier blockchain network

“Hyperledger has proven to be the de facto standard enterprises use to build, manage, and deploy blockchain-based ledgers. We believe Hedera could help provide an interesting way to enhance and simplify the deployment of Hyperledger Fabric in the enterprise, making it easier for groups to build and grow their networks,” Cuomo said.

“We are excited to join the Hedera Governing Council and explore relationships between public networks and industry-specific networks.”

Council members serve a maximum of two consecutive three-year terms and act as stewards of the platform.

“The addition of IBM and Tata Communications to the Hedera Governing Council is a powerful endorsement of the hashgraph consensus mechanism, and further decentralises the governance of Hedera Hashgraph,” its CEO Mance Harmon said.

“Our governance model, which includes a robust system of checks and balances, ensures power can’t be consolidated, while at the same time providing a stable and scalable platform on which developers can build.”

See also: Is FOMO making enterprises unnecessarily leap into blockchain?

IBM and Tata join existing council members Deutsche Telekon, T-Mobile, DLA Piper, Magalu, Nomura, Swirlds, and Swisscom Blockchain.

Hedera expects the council to eventually comprise of up to 39 multinational entities from various industries.

Hedera is a public ledger that uses hashgraph consensus, touted by the company as a faster, more secure alternative to blockchain consensus mechanisms.

Hashgraph claims to achieve high-throughput with 10,000-plus cryptocurrency transactions per second, and low-latency finality in seconds from its “innovative gossip about gossip protocol” and virtual voting.

Once consensus is reached, the data is added to the public ledger for everyone to see.

All members of the Hedera Governing Council have equal say in approving updates to the Hedera platform codebase and setting policies for the many nodes that will constitute Hedera’s decentralised network.

Hedera’s governance model, it says, protects users by eliminating the risk of forks, guaranteeing the integrity of the codebase, and committing to make the source code open for review.

“Innovations such as DLT, AI, and IoT change the way organisations and people interact with each other and with the world. These emerging technologies can be harnessed to strengthen our efforts to improve operational efficiencies and enable our customers’ digital transformation worldwide,” Tata Communications global head of corporate venturing and innovation Ankur Jindal said.

“We look forward to engaging with other forward-looking businesses on the Hedera Hashgraph Governing Council to help deliver the potential of DLT to the wider digital economy.”

SEE ALSO

Gartner says 90% of blockchain projects will need replacing in 18 months

Otherwise they face obsolescence.

Software developers are keeping an open mind about blockchain

Stack Overflow survey of close to 90,000 developers finds positive attitude toward blockchain, cautious embrace of containers, and a deep love of open source.

Steady evolution in blockchain will continue, unless disillusionment causes a ‘winter’

While we won’t see any breakthrough blockchain deployments in 2019, the tokenization of digital and physical assets will be one of the key areas of innovation.

Blockchain won’t save the world, but might make it a better place

Although blockchain’s crypto-anarchist utopian dream is unlikely to be realised, it still promises plenty of benefits.

Blockchain: A cheat sheet (TechRepublic)

This comprehensive guide covers everything you need to know about the innovative blockchain technology that powers Bitcoin, Litecoin, and other cryptocurrencies.

Related:

  • No Related Posts

Blockchain is not just for techies

NEW DELHI: Blockchain technology has gone far beyond its association with crypto currency and is finding relevance in a variety of fields including banking, healthcare and logistics.

Blockchain is particularly useful when cross-organisational data is involved. The technology makes it near impossible to modify the data, and that enables trust within the network of organisations involved.

In India, over 14 states, including Karnataka, Andhra Pradesh and Telangana, are running blockchain pilots and projects, and various organisations that have traditionally been competitors are coalescing into industry consortiums to leverage the technology.

Blockchain in India is still in its initial stages, says Manish Jain, partner, digital and fintech, KPMG India. “We could see hiring happening more at the senior architect level. Mass hiring is still some time away,” he says.

Digital lending company CredRight’s co-founder Neeraj Bansal says the startup has been looking for Ethereum (blockchain-based platform) developers who can work with other blockchainbased third-party products. “The demand for blockchain developers and project managers is very high, but availability of talent that can guide startups is very limited,” he says.

Who should upskill?

Blockchain technology is relevant for coders who could look to build blockchain products. It is also relevant for tech managers/ project managers/ tech architects looking at product development and architecting solutions.

It is relevant for banking and finance, legal and other professionals who are evaluating use cases for blockchain application.

Blockchain coders need to have coding experience, preferably in Java, and a good sense of mathematics. It’s also essential to have knowledge of both the foundational development aspects (of Ethereum, Hyperledger Fabric and Composer) and functional aspects (hands-on projects and case studies).

Mayank Kumar, co-founder of edtech platform upGrad, says while the majority of the learners who enrol for the blockchain programme is from tech backgrounds, 30% are finance professionals and 10% are healthcare professionals. “We have seen over 120% quarterly rise in enrollments for our programme launched in September 2018,” he says.

Job roles

Development enthusiasts: Professionals with 2-5 years of experience who aim to understand, develop and deploy the network from scratch. They are wellversed in development platforms like Hyperledger and Ethereum.

Tech architects: Professionals with 7-10+ years of experience in the IT industry, with a strong affinity towards development and implementation of technology.

Blockchain managers: Professionals who have spent over 10 years in the IT industry and who understand the business applications of the technology, and are domain experts

RACE360 Conference

If you are thinking of a career in emerging technologies like blockchain, cybersecurity or artificial intelligence, you should be at RACE360, an emerging technology conference in Bengaluru organised by REVA Academy for Corporate Excellence (RACE) and supported by The Times of India. Among the speakers are Dilip Khandelwal, MD, SAP Labs; Deep Thomas, chief data and analytics officer, Aditya Birla Group; Vishal Salvi, CISO and head of delivery cyber practice, Infosys; Pravin Hungund, CTO, Wipro; Sandeep Vijayaraghavan, VP, cybersecurity practice, Terra Logic; and many more. Apart from the knowledge sessions, there will be workshops, hackathons and panel discussions.


Who should attend: Working professionals


Where: Hotel Lalit Ashok, Bengaluru


When: August 28


To register, log onto: www.race360.in

Related:

  • No Related Posts

Tech Giants IBM and Tata Communications Join the Hedera Hashgraph Governing Council

In a major breakthrough development, tech giants IBM and the Tata Communications group of India have officially joined the governance council of Hedera Hashgraph. Hedera Hashgraph is a public network similar to blockchain specifically designed for businesses and enterprises.

Just a year ago in August 2018, Hedera raised a whopping $124 million for future developments, despite a massive slowdown in the crypto market. The Hedera network is backed by some of the industry giants like hedgefund BlockTower Capital and the Digital Currency Group.

Hedera plans to have a total of 39 members in its governing council. Apart from the latest entrants like Tata and IBM, some other big members include Deutsche Telecom AG and Nomura Co Ltd. Speaking to CoinDesk, Hedera CEO Mance Harmon said:

“Our goal is to create the most decentralized governing body of any of the major public platforms. We’re covering multiple industries … and we’re wanting global coverage.”

Hedera’s Distributed Ledger Technology (DLT) works differently compared to other blockchain networks. The Hedera network supports distributed file storage along with micropayments and smart contracts. In the future, it also plans to support the merging of the private network into public and take the benefit of its transaction ordering mechanism.

Adding Feather to Its Cap

With giants like IBM and Tata partnering with Hedera, the Hedera project will get a huge boost. Besides, IBM notes that Hedera’s unique ability to unify private and public network is of key interest to them. IBM says that it will use this feature to create trust in the company’s Hyperledger Fabric networks.

In his turn, Bryan Gross, principal offering manager of the IBM Blockchain Platform, noted:

“The most exciting part is the proposed Hedera Consensus Service. It has the potential to provide the core innovation of proof-of-work blockchains, like bitcoin and ethereum, without the performance and privacy trade-offs that are typically associated with these networks.”

Adding to it, Hedera chief Harmon said: “Hedera Consensus Service makes it possible for Hyperledger projects out there to use the service to put transactions in order and eliminate the need for them to stand up nodes for transaction ordering, and they get the trust model of a public network”.

Harmon thinks that with major giants like IBM and Tata joining the Hedera network will help in its further decentralization. The Hedera governance as such includes many checks that prevent any sort of power centralization taking place. The council members have an equal say in setting up policies for the network as well as approving updates to Hedera’s codebase.

Related:

  • No Related Posts

Off The Block: IBM Joins Hedera Hashgraph Governing Council

IBM isn’t just about blockchain anymore. In addition to their joint efforts with Hyperledger Fabric and World Wire, Big Blue is now pitching in for a different form of DLT: Hedera Hashgraph. The tech giant is now joining Hedera’s Governing Council, along with Tata Communications and a growing cast of council members.

The Governing Council will comprise up to 39 organizations, which currently include Nomura Holdings, Deutsche Telekom, DLA Piper, Magazine Luiza, and Swisscom Blockchain, along with a variety of companies from a diverse range of industries. By joining, IBM hopes to ensure decentralized and responsible governance for the distributed ledger platform.

The addition of IBM and Tata Communications “is a powerful endorsement of the hashgraph consensus mechanism, and further decentralizes the governance of Hedera Hashgraph,” said the CEO of Hedera Hashgraph, Mance Harmon. The Hedera governance model, he explains, “ensures power can’t be consolidated, while at the same time providing a stable and scalable platform on which developers can build.

SIMETRI ResearchSIMETRI Research

Hedera’s Governing Council eliminates the possibility of forks occurring on the platform, with each member having an equal say in updates and policies for Hedera’s network nodes. Each council member may serve a maximum of two consecutive three-year terms.

Jerry Cuomo, Vice President of Blockchain Technologies at IBM, says that the company represents a chance to explore relationships between public and private ledgers. Touting Hyperledger as the “de facto standard” for enterprises to design and deploy distributed ledgers, he believes Hedera could “enhance and simplify the deployment of Hyperledger Fabric in the enterprise, making it easier for groups to build and grow their networks.

Ankur Jindal, Global Head of Corporate Venturing and Innovation at Tata Communications, explained how his company can contribute to Hedera as a global digital infrastructure provider. Innovations in DLT, AI, and IoT can change the way the world interacts, he explained. “These emerging technologies can be harnessed to strengthen our efforts to improve operational efficiencies and enable our customers’ digital transformation worldwide.

Tata Communications will contribute to the council in an effort to “help deliver the potential of DLT to the wider digital economy,” Jindal added.

Hashgraph CEO Harmon expressed the vital role of distributed ledger technology “to the future of digital trust and commerce.” Hedera’s Governing Council, he explained, “lays the foundation for a fair and stable commercial platform,” allowing Hashgraph’s distributed consensus model to provide strong security and high performance for enterprise adoption.

Related:

  • No Related Posts

2019 Blockchain Platforms Software Market | size | analysis | share | outlook to 2024 By | IBM, Intel …

The Blockchain Platforms Software Market report provides in-depth unique Insights with manufacturers, suppliers, distributors, traders, customers, investors and major types as well as applications and forecast period. The report provides a unique tool for evaluating the Overall Market, underlining opportunities, and supporting strategic and tactical decision-making.

Blockchain technology is a decentralized solution to tracking, documenting, and facilitating transactions. These tools create a public ledger relying on globally distributed historical transactions to prevent tampering and fraud. Each interaction is documented in a database that relies on each previous, time-stamped transaction to verify and execute an exchange.

Download Sample PDF copy of this report @ https://www.reporthive.com/enquiry.php?id=1920677&req_type=smpl&utm_source=SS

Blockchain Platforms Software Market research study involved the extensive use of both primary and secondary sources. The market research process involved the study of various factors affecting the industry to identify the segmentation types, industry trends, key players, competitive landscape, key market dynamics, and key player strategies.

Top key players covered in this report:

IBM

Intel

Microsoft

Ethereum

Ripple

Quorum

Hyperledger

R3 Corda

EOS

OpenChain

Stellar

SAP and more….

This report focuses on the Blockchain Platforms Software Market in global market, especially in United States, China, Europe, Japan, Southeast Asia, India and more.

Market Segment by Type, covers

Private

Public

Key Questions Answered in Report

What are factor which lead this market to next level?

What will the market Demand and what will be Growth?

What are the opportunities to Blockchain Platforms Software market in future?

What are the strengths of the key players?

What are the key of Blockchain Platforms Software market?

Market Segment by Applications, can be divided into

E-Commerce

Finance

Medicine

Real Estate

Others

Enquire before purchase@: https://www.reporthive.com/checkout?currency=single-user-licence&reportid=1920677

Table of Contents

1 Scope of the Report

2 Executive Summary

3 Global Blockchain Platforms Software by Players

4 Blockchain Platforms Software by Regions

5 Americas

6 APAC

7 Europe

8 Middle East & Africa

9 Market Drivers, Challenges and Trends

10 Global Blockchain Platforms Software Market Forecast

11 Key Players Analysis

11.1 IBM

11.1.1 Company Details

11.1.2 Blockchain Platforms Software Product Offered

11.1.3 IBM Blockchain Platforms Software Revenue, Gross Margin and Market Share (2017-2019)

11.1.4 Main Business Overview

11.1.5 IBM News

11.2 Intel

11.2.1 Company Details

11.2.2 Blockchain Platforms Software Product Offered

11.2.3 Intel Blockchain Platforms Software Revenue, Gross Margin and Market Share (2017-2019)

11.2.4 Main Business Overview

11.2.5 Intel News

11.3 Microsoft

11.3.1 Company Details

11.3.2 Blockchain Platforms Software Product Offered

11.3.3 Microsoft Blockchain Platforms Software Revenue, Gross Margin and Market Share (2017-2019)

11.3.4 Main Business Overview

11.3.5 Microsoft News

11.4 Ethereum

………TOC continued

About Us:

Report Hive Research delivers strategic market research reports, statistical survey, industry analysis and forecast data on products and services, markets and companies. Our clientele ranges mix of global business leaders, government organizations, SME’s, Individual and Start-ups, top management consulting firms, universities etc. Our library of 700,000 + reports targets high growth emerging markets in the USA, Europe Middle East, Africa, Asia Pacific covering industries like IT, Telecom, Semiconductor, Chemical, Healthcare, Pharmaceutical, Energy and Power, Manufacturing, Automotive and Transportation, Food and Beverages etc. This large collection of insightful reports assists clients to stay ahead of time and competition. We help in business decision-making on aspects such as market entry strategies, market sizing, market share analysis, sales and revenue, technology trends, competitive analysis, product portfolio and application analysis etc.

Report Hive Research

500, North Michigan Avenue,

Suite 6014

Chicago, IL – 60611

United States

Website: www.reporthive.com

Email: sales@reporthive.com

Phone: +1 312-604-7084

Avatar

Related:

  • No Related Posts

IBM and Tata Join Hedera Hashgraph’s Governing Council

FavoriteLoadingAdd to favorites

“An interesting way to enhance and simplify the deployment of Hyperledger Fabric in the enterprise”

IBM and India’s Tata have joined the governing council of startup Hedera Hashgraph, a distributed ledger technology (DLT) specialist that claims a unique distributed consensus algorithm, invented and patented by co-founder Leemon Baird.

The decision is a coup and a credibility boost for Hedera Hashgraph. The company is one of a sprawling array of DLT providers touting esoteric capabilities – often indecipherable to mortals unfamiliar with cryptographic arcana – that have arguably yet to be demonstrated providing any meaningful utility to business.

It hopes to build a 39-strong governing council. Members will have “equal say in approving updates to the Hedera platform codebase and in setting policies for the many nodes that will constitute Hedera’s decentralised network.”

Hedera Hashgraph is not-quite-a-blockchain; its ledger requires distributed consensus and shares many similarities, but does not require energy-intensive proof-of-work. Last year it touted an enthusiastic valuation of $6 billion.

It claims to be “fair, fast, Byzantine, ACID compliant, efficient, inexpensive, timestamped, and DoS resistant… The hashgraph is Byzantine Fault Tolerant (BFT) by the strongest definition – asynchronous BFT (AFT).”

Hedera co-founders Mance Harmon and Leemon Baird previously worked together building machine learning algorithms for the US Air Force.

Harmon went on, Forbes reports, to manage a US government software program for missile-defense systems. In 2015, he and Baird cofounded Swirlds, which builds private blockchains for large companies, and they started working on Hedera hashgraph. Baird has a computer science PhD from Carnegie Mellon and invented Hedera’s algorithm.

IBM said its interest lies Hedera’s potential to “enhance” Hyperledger Fabric: the DLT that Big Blue helped develop and which underpins a range of its blockchain initiatives, including its TradeLens platform: a blockchain service for the shipping sector.

See also: TradeLens’ Two New Mega Members Put “Half World’s Shipping Data” on IBM’s Blockchain

Jerry Cuomo, VP of blockchain technologies at IBM, said in a release shared today: “We are excited to join the Hedera Governing Council and explore relationships between public networks and industry-specific networks.

“Hyperledger has proven to be the de facto standard enterprises use to build, manage, and deploy blockchain-based ledgers. We believe Hedera could help provide an interesting way to enhance and simplify the deployment of Hyperledger Fabric in the enterprise, making it easier for groups to build and grow their networks.”

Those with an interest in consensus algorithms can peruse Hedera Hashgraph’s whitepaper here [pdf].

Related:

  • No Related Posts

Hedera Hashgraph adds IBM, Tata to governance council

Hedera Hashgraph, the public permissioned distributed ledger, has announced that IBM and Tata Communications are joining its governance council. The first five external corporate members announced six months ago were Deutsche Telekom, DLA Piper, retailer Magazine Luiza, Nomura, and Swisscom Blockchain AG. At that time, we explored its governance.

The platform aims to have 39 corporate governance council members representing 18 industry sectors. Hedera, as its name implies, is not a blockchain. The hashgraph is a different kind of distributed ledger which Hedera claims can process hundreds of thousands of transactions per second. It aims to tackle many of the issues it sees with other public blockchains in the areas of performance, security, stability and governance.

“The addition of IBM and Tata Communications to the Hedera Governing Council is a powerful endorsement of the hashgraph consensus mechanism, and further decentralizes the governance of Hedera Hashgraph,” said Mance Harmon, CEO of Hedera Hashgraph.

To date, Hedera has raised $124 million by targeting institutions and high net worth individuals with its tokens. The network entered its test phase in December last year.

IBM’s blockchain technologies

IBM is known as one of the leading developers of open-source Hyperledger Fabric. But it also runs projects on Hyperledger Indy or the Sovrin network for identity. And its IBM World Wire payments system is built on Stellar technology. So this isn’t the first non-Fabric distributed ledger technology (DLT).

“We are excited to join the Hedera Governing Council and explore relationships between public networks and industry-specific networks,” said Jerry Cuomo, VP of Blockchain Technologies at IBM. “We believe Hedera could help provide an interesting way to enhance and simplify the deployment of Hyperledger Fabric in the enterprise, making it easier for groups to build and grow their networks.”

Hyperledger Fabric wasn’t originally designed for interoperability between different networks. There are interoperability solutions, but they aren’t optimal. We speculate that Hashgraph might be used as such a solution.

Ringing endorsement?

Hedera Hashgraph is novel in several ways. The vast majority of blockchains and DLTs are based on open source code. In contrast, Hedera Hashgraph’s code is proprietary and owned by Swirlds. Additionally, the source code will only be available for review after the network is available for open access. However, we find it hard to believe that either IBM or Tata would sign up without reviewing the code. If they have examined the underlying software, that’s an even bigger endorsement.


Related:

  • No Related Posts

Truffle supports three new blockchains to promote utilization for businesses

Truffle has worked with Ethereum’s development framework so far, but it will provide a variety of blockchain development frameworks that are not limited to Ethereum. A development environment that can compile and deploy contract code, manage addresses, etc. This is a familiar tool for those who have ever developed DApps or studied Ethereum.

According to the company’s CEO Tim Coulter, the company plans to focus on the enterprise blockchain in the future, and three new blockchains are Corda and Hyperledger. Tezos.

If you focus on the enterprise, Corda and Hyperledger Fabric will not feel strange. Corda is a DLT promoted by R3.

Hyperledger Fabric, on the other hand, is a consortium blockchain framework promoted by IBM. There are also many demonstration experiments, but a good example of actual operation is a trade lens (TradeLens) applied to marine insurance.

Tezos is publicly available as a public blockchain, and many people may find it strange to use it as a corporate blockchain. However, security tokens have been issued more recently in the blockchain.

In the largest case, a Brazilian investment bank called BTG Pactual has announced that it will issue tokens of up to $ 1 billion (about 106 billion yen) with real estate securitization on Tezos blockchain.

Recently, the Swiss stock exchange has announced the implementation of trading the security tokens issued in the public blockchain within the consortium blockchain, as well as examples for use in demonstration experiments. is increasing.

About Post Author

Miu Lin

Miu is a journalism major and has been writing as a business journalist for various dailies before joining OBN. She currently writes about blockchain, cryptocurrencies and business news.

Related:

  • No Related Posts

Blockchain Platforms Software Market 2019 Huge Technological Development – IBM, Intel …

Blockchain Platforms Software

Global Blockchain Platforms Software Market Size, Status And Forecast 2019-2025

This Report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope and application of this report.

Get free sample copy of this report before purchase at:

https://www.marketinsightsreports.com/reports/06171300472/global-blockchain-platforms-software-market-size-status-and-forecast-2019-2025/inquiry?source=marketresearchjournalist&Mode=20

Blockchain technology is a decentralized solution to tracking, documenting, and facilitating transactions. These tools create a public ledger relying on globally distributed historical transactions to prevent tampering and fraud. Each interaction is documented in a database that relies on each previous, time-stamped transaction to verify and execute an exchange. Blockchain technology was first utilized for financial transactions, but can be applied to a variety of industries such as e-commerce, supply chain management, and data integration.

Prominent Players in the Global Blockchain Platforms Software Market are –

IBM, Intel, Microsoft, Ethereum, Ripple, Quorum, Hyperledger, R3 Corda, EOS, OpenChain, Stellar, SAP, Amazon, Mastercard

Market segment by Type, the product can be split into

Private

Public

Consortium

Market segment by Application, split into

E-Commerce

Finance

Medicine

Real Estate

Others

SPECIAL OFFER (Avail a flat 10% discount on this report, please fill the form and mention the code: MIR10 in the comments section):

https://www.marketinsightsreports.com/reports/06171300472/global-blockchain-platforms-software-market-size-status-and-forecast-2019-2025/discount?source=marketresearchjournalist&Mode=20

This report covers regional analysis including several regions such as United States, Europe, China, Japan, Southeast Asia, India, Central & South America. It focuses on the leading and the progressing countries from every region in detail. Regions are also predictable to witness vigorous growth in their respective markets for Global Blockchain Platforms Software Market in the near future, states the research report.

This report focuses on Blockchain Platforms Software volume and value at global level, regional level and company level. From a global perspective, this report represents overall Blockchain Platforms Software market size by analyzing historical data and future prospect. The report gives a clear understanding of the current market situation which includes of region-wise industry environment, contemporary market and manufacturing trends, leading market contenders, and current consumption tendency of the end user. The Blockchain Platforms Software market report also oversees market size, market share, growth rate, revenue, and CAGR reported previously along with its forecast estimation. Projecting cost-effective and leading fundamentals in market.

Influence of the Blockchain Platforms Software market report:

– Comprehensive evaluation all things considered and chance in the Blockchain Platforms Software Market.

– Blockchain Platforms Software Market ongoing advancements and real occasions.

– Detailed investigation of business techniques for development of the Blockchain Platforms Software Market driving players.

– Conclusive examination about the development plot of Blockchain Platforms Software Market for imminent years.

– Top to bottom comprehension of Blockchain Platforms Software Market specific drivers, requirements and major small scale markets.

– Favorable impression inside fundamental mechanical and showcase most recent patterns striking the Blockchain Platforms Software Market.

Buy Now This Report at:

https://www.marketinsightsreports.com/report/purchase/06171300472?mode=su?source=marketresearchjournalist&Mode=20

Contact US:

Irfan Tamboli (Head of Sales)

Market Insights Reports

Phone: + 1704 266 3234 | Mob: +91-750-707-8687

sales@marketinsightsreports.com | irfan@marketinsightsreports.com

Related:

  • No Related Posts