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The Asia Pacific Blockchain Distributed Ledger Market would witness market growth of 63.9% CAGR during the forecast period (2017 ? 2023). Blockchain distributed ledger is a medium of exchange formed and stored electronically, with the help of encryption methods, regulating the creation of financial units and verifying the transfer of funds.
Private organizations, individuals, and private firms create blockchain ledgers. The blockchain distributed ledger market has gained widespread adoption over the years. The blockchain distributed ledger market has witnessed a fourfold market cap in the last few years.
Leading market players have developed low-cost, user-friendly, affordable, and energy-efficient cryptocurrencies and wallets to add momentum to the applications of blockchain distributed ledger. Public & private organizations have been investing in the R&D activities to develop technologies and applications to make the blockchain distributed ledger, a robust platform.
Based on Types, the market report segments the market into Public and Private. Based on Verticals, the Asia Pacific Blockchain Distributed Ledger market segments the market into BFSI, Government, Retail & Ecommerce, Automotive, Media & Entertainment, and Others. Based on Countries, the Asia Pacific Blockchain Distributed Ledger market segments the market into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers competition analysis of key stake holders of the Asia Pacific Blockchain Distributed Ledger Market. Key companies profiled in the report include Chain Inc., IBM Corporation, Accenture Plc., Monax Industries Limited, Intel Corporation, Blockchain Tech Ltd., Microsoft Corporation, Digital Asset Holdings, and Earthport.