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Delray Beach, FL, Dec. 20, 2024 (GLOBE NEWSWIRE) -- The Blockchain Security Market is expected to rise from USD 3.0 billion in 2024 to USD 37.4 billion in 2029 at a CAGR of 65.5% during the forecasted period, according to a new report by MarketsandMarkets™.
Blockchain technology provides secure, tamper-proof ledgers that significantly enhance the accuracy and safety of information sharing in financial services. According to industry reports, blockchain solutions can improve transparency among market participants and reduce risks associated with fraud, theft, and mis-selling of high-value assets.
Global rules needed to spur blockchain trading of assets, report says ... Northern Trust expects that by 2030 the size of its digital assets market will grow to between 5% and 10% of the $13 ...
Blockchain is seen as a pivotal technological advancement of the 21st century, with the ability to impact organizations at strategic, operational, and market levels. [79] In 2019, it was estimated that around $2.9 billion were invested in blockchain technology, which represents an 89% increase from the year prior.
The first and most widely used decentralized ledger currency, [8] with the highest market capitalization as of 2018. [9] 2011 Litecoin: LTC, Ł Charlie Lee: Scrypt: C++ [10] PoW: One of the first cryptocurrencies to use scrypt as a hashing algorithm. 2011 Namecoin: NMC Vincent Durham [11] [12] SHA-256d: C++ [13] PoW: Also acts as an alternative ...
Market Size in 2023: $731.9 Billion: Market Size in 2033: $1.2 Trillion: CAGR: 5.40%: No. of Pages in Report: 250: Segments Covered: Return Type, End User, and Region: Drivers : Expansion of the e-commerce industry: Opportunities: Introduction of Blockchain technology: Restraints: Lack of control of manufacturers on reverse logistics service
The market capitalization of the Solana blockchain surpassed $63 billion in September 2021, [17] and reached $74 billion in early November 2021, having risen by nearly 12,000% that year to a price of $259.96. [2] The blockchain's popularity at this time was due in part to interest in NFTs. [6]
In the midst of the stock market downturns during the initial COVID-19 pandemic wave, Bitcoin wavered, falling to $8,000. Then during the drawdown, it plummeted on March 12, 2020 — from $7,935 ...