Smart Contracts Market

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Smart Contracts Market Research Report by Forecast to 2023

Smart Contracts Market Research Report by Forecast to 2023

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Smart Contracts Market Research Report by Forecast to 2023

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Smart Contracts Market Research Report by Forecast to 2023

Summary Smart contracts are gaining traction across sectors. This in turn is driving the growth of global Smart Contracts Market. These contacts systems are gaining prominence in government, real estate, insurance, banking, supply chain, etc. They touted as a potential replacement of traditional system of legal agreements. Smart contracts are without the flaws that are often visible in traditional agreement. Moreover, smart contracts do away with number step owing to their digital characteristics. This makes they a potential candidate in voting application and other legal procedures. They can be applied to a vast range of legal agreements both government and non-government. Increased acceptance of such systems is making a positive impact on the global smart contracts market.

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Smart Contracts Market Research Report by Forecast to 2023

Major Key Players: •

Monax Industries Limited (U.K.),

Monetas (Switzerland),

Blockstream Corporation (U.S.),

Coinbase, Inc. (U.S.),

Bitfinex (Hong Kong),

BlockCypher, Inc. (U.S.),

Chain, Inc. (U.S.)

Segmentation: Segmentation by Blockchain Platform: Bitcoin, Sidechains, NXT, Ethereum. Segmentation by Technology: Ethereum, Rootstock (RSK), Namecoin, Ripple and others. Segmentation by End – User: Banking, Government, Management, Supply chain, Automobile, Insurance, Real estate, Healthcare, among others Segmentation by Regions: Geographical regions - North America, Europe, Asia Pacific and Rest of the World.

Regional Analysis: Regions covered in the report are Asia Pacific, Europe, North America, and rest of the world. Of these, Europe smart contract market holds the highest value. This is mainly owing to rapid digitization in European industries. A large number of European companies are integrating digital solutions in order to increase their competitiveness.

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Smart Contracts Market Research Report by Forecast to 2023

pacific. This is majorly due to rise in the online customer and internet usage. region P a g e |5

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