BLOCKCHAIN TECHNOLOGY MARKET ANALYSIS

Leading Companies

Global Blockchain Technology Market: Key Companies Insights

Global Blockchain Technology market is highly competitive, owing to the rising launch of new technologies due to ongoing R&D and efforts by value chain participants. Moreover, key players are adopting various business growth strategies in order to expand their presence on a regional as well as global basis. Some of the key players in the Global Blockchain Technology market are: Accenture, Coinbase, Chain Inc., Deloitte Touche Tohmatsu Limited, Digital Asset Holdings, LLC, IBM Corporation, JP Morgan Chase & CO, Microsoft Corporation, Ripple, and R3

In April 2023, Under the Future Finance Act, the German government intends to implement regulations targeting startups involved in financial innovation. The primary objective of this legislation is to enhance the digitalization of capital markets by enabling the issuance of e-securities on a blockchain platform.

In April 2023, Ava Labs , the creator of the Avalanche blockchain platform, has recently introduced new institutional deployments aimed at advancing and enriching the blockchain technology ecosystem.

In March 2021, Amazon Web Services introduced Ethereum on its managed distributed ledger service, providing developers with the convenience of accessing Ethereum nodes without the challenges and intricacies associated with infrastructure setup and operation.

In June 2021, Blockchain Foundry Inc. and BIGG Digital Asset Inc. have formed a strategic partnership to deliver forensic and risk-scoring solutions to creators of stablecoins and fractional NFTs. Through this collaboration, the companies aim to enhance the capabilities of stablecoin and fractional NFT creators in addressing forensic and risk-related challenges