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Report DescriptionAbout IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all regions and industry verticals to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.
Global Blockchain Supply Chain Market Research Report 2023-2028:
According to the latest report by IMARC Group, titled " Blockchain Supply Chain Market: Global Industry Trends, Share, Size, Growth, Opportunity and For ecast 2023-2028
," the global blockchain supply chain market size reached US$ 560.9 Million in 2022.
A blockchain supply chain is defined as a form of decentralized ledger technology that validates, records, and synchronizes digital data of immutable and authenticated cryptocurrency transaction records across networks. It broadcasts to a peer-to-peer network comprising several interconnected computers known as nodes.
These electronic devices solve equations for determining and validating the transaction to create data blocks for tracking purposes. Blockchain aids in providing deal information in a read-only format for all the verified members of the group to retrace the point of origin precisely and offering all parties access to the same information, thereby potentially reducing communication or transfer data errors. Along with this, blockchain ensures faster processing, improves traceability, enhances visibility and compliance over outsourced contract manufacturing, and reduces paperwork and administrative costs.
