Blockchain

Exploring Blockchain in Retail Market Growth for 2032

Blockchain in Retail Market Size: With a projected increase in revenue of almost USD 12,961.70 billion by 2032 and a cumulative earnings value of over USD 297.5 billion in 2023, the global blockchain in retail market is expected to grow at a CAGR of roughly 52.10% from 2024 to 2032. The blockchain in retail market encompasses a wide array of applications, including supply chain management, product authentication, payment processing, and

Blockchain In BFSI

Blockchain allows distributed ledger to maintain duplicate copies of transactions on several other computer systems too. Individuals involved in the blockchain network can view all the transactions on multiple computer systems. Furthermore, if the transaction is recorded once it cannot be erased but one can update the blockchain with permission from the majority of the participants in the network. However, traditionally cross-border payment struggles with various issues including the long