Los Angeles, CA — (SBWIRE) — 10/12/2018 — In the past year, blockchain has become a controversial global phenomenon, with the technology perceived as either a solution for whatever ails society or “rat poison squared” as Warren Buffet describes Bitcoin. In 2018, we are witnessing the launch of blockchains carrying commercial traffic and moving beyond proof-of-concept (PoC) demonstrations, though the selected applications have yet to demonstrate the capacity and scale of credit card networks. Blockchain-powered international trade finance coming online is just one example. The blockchain ecosystem is replete with innovating startups prompted by amazing cryptocurrency valuations. Blockchain entrepreneurs find a reason to tokenize anything and everything and move quickly toward an initial coin offering (ICO), the largest of which recently exceeded $4 billion, though funds were denominated in another cryptocurrency, Ethereum.

The explosion in the blockchain ecosystem is typical during the early stages of general-purpose technology (GPT) development and explains the degree of fragmentation present in the market. This fragmentation leads to cautious investment as the industry works through the inevitable industry rationalization and resulting consolidation. Driving this rationalization are the large internet companies moving to establish market dominance as blockchain platforms and reap the resulting rewards. The large company blockchain development encourages other large companies to move beyond PoCs to commercial traffic. Tractica has identified six broad enterprise blockchain use case categories that are further segmented into 29 individual use cases. These use cases offer cost savings, efficiency improvements, security enhancement, and regulatory compliance compared to legacy processes.

In 2017, the global Blockchain for Enterprise Applications market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.

This report focuses on the global Blockchain for Enterprise Applications status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Blockchain for Enterprise Applications development in United States, Europe and China.

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The key players covered in this study

Barclays

BigchainDB

Block Array

ConsenSys

Digital Asset Holdings

Ericsson

Ethereum

Everledger

Evernym

Factom

Filament

Guardtime

Hewlett Packard Enterprise

IBM

Mavenir Systems

Microsoft

Mobivity

Omega Grid

Market segment by Type, the product can be split into

Public Blockchains

Private Blockchains

Semi-Private or Hybrid Blockchains

Market segment by Application, split into

Large Company Enterprises

Middle and Small Enterprises

Market segment by Regions/Countries, this report covers

United States

Europe

China

Japan

Southeast Asia

India

Central & South America

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QYResearch established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.

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