Data Shows Cryptocurrencies and Blockchain Will Co
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Posted On: 06/12/2018 9:26:33 AM
Data Shows Cryptocurrencies and Blockchain Will Continue to Grow
"..Data published by Oristep Consulting estimates that the global blockchain technology market was valued at about USD 0.67 Billion in 2017. However, it is expected to reach USD 10.58 Billion by 2023, at an impressive CAGR of 58.39% during the forecast period. North America holds the largest market share due to the significant number of industries which are increasing funding for the development of the technology.."
"..Cryptocurrencies play a major role in the Blockchain market. According to a report by Coin Desk, Rostin Benham, a commissioner at the U.S. Commodity Futures Trading Commission (CFTC), spoke during the Blockchain for Impact Global Summit, held at the United Nations Plaza, calling cryptocurrencies a "technological revolution." He continued, "…virtual currencies may - will - become part of the economic practices of any country, anywhere. Let me repeat that: these currencies are not going away and they will proliferate to every economy and every part of the planet ... Virtual currencies could transform the economic and social landscape.."
https://www.prnewswire.com/news-releases/data...51071.html
* * * Jason's Expertise: * * *
In FinServ’s World Of Strict Rules, Data Management Flexibility Is Key
"..Far-reaching data protection regulations like PSD2 are both a consequence and catalyst of change in how financial service providers store, manage and use data. As banking services and products digitize, that means institutions have more data to handle – much, much more – impacting everything from compliance to customer relations.
Corporate banking is a significant part of this digital transformation. Analysts at Boston Consulting Group estimated earlier this year that novel digital financial services platforms like ePayments, cross-border transactions and supply chain financing will yield nearly a third of corporate banking revenue.
But in an environment in which compliance pressures are rising, profits are declining and competition from FinTechs continues to build, the way in which corporate banks manage their data can mean sink or swim.."
https://www.pymnts.com/news/b2b-payments/2018...-fintechs/
"..Data published by Oristep Consulting estimates that the global blockchain technology market was valued at about USD 0.67 Billion in 2017. However, it is expected to reach USD 10.58 Billion by 2023, at an impressive CAGR of 58.39% during the forecast period. North America holds the largest market share due to the significant number of industries which are increasing funding for the development of the technology.."
"..Cryptocurrencies play a major role in the Blockchain market. According to a report by Coin Desk, Rostin Benham, a commissioner at the U.S. Commodity Futures Trading Commission (CFTC), spoke during the Blockchain for Impact Global Summit, held at the United Nations Plaza, calling cryptocurrencies a "technological revolution." He continued, "…virtual currencies may - will - become part of the economic practices of any country, anywhere. Let me repeat that: these currencies are not going away and they will proliferate to every economy and every part of the planet ... Virtual currencies could transform the economic and social landscape.."
https://www.prnewswire.com/news-releases/data...51071.html
* * * Jason's Expertise: * * *
In FinServ’s World Of Strict Rules, Data Management Flexibility Is Key
"..Far-reaching data protection regulations like PSD2 are both a consequence and catalyst of change in how financial service providers store, manage and use data. As banking services and products digitize, that means institutions have more data to handle – much, much more – impacting everything from compliance to customer relations.
Corporate banking is a significant part of this digital transformation. Analysts at Boston Consulting Group estimated earlier this year that novel digital financial services platforms like ePayments, cross-border transactions and supply chain financing will yield nearly a third of corporate banking revenue.
But in an environment in which compliance pressures are rising, profits are declining and competition from FinTechs continues to build, the way in which corporate banks manage their data can mean sink or swim.."
https://www.pymnts.com/news/b2b-payments/2018...-fintechs/
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