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Blockchain Technology

#Blockchain Technology Market to Triple by 2022

January 19, 2018 By Technologies.org Leave a Comment

Blockchain Technology Market

According to a recent report of Market Research Media Adoption of Blockchain Technology By US Government the blockchain technology market will triple from US$4.5 Billion in 2018 to $14 Billion in 2022, growing at CAGR of about 33%. What vertical markets should target blockchain technology startups? Surprisingly it's not cryptocurrency. The picks of Market Research … [Read more...] about #Blockchain Technology Market to Triple by 2022

Maersk and IBM to Form Joint Venture Applying #Blockchain to Improve Global Trade and Digitize Supply Chains

January 16, 2018 By Technologies.org Leave a Comment

Maersk and IBM to Form Joint Venture Applying #Blockchain to Improve Global Trade and Digitize Supply Chains

Maersk and IBM announced their intent to establish a joint venture to provide more efficient and secure methods for conducting global trade using blockchain technology. The aim of the new company will be to offer a jointly developed global trade digitization platform built on open standards and designed for use by the entire global shipping ecosystem. It will address the … [Read more...] about Maersk and IBM to Form Joint Venture Applying #Blockchain to Improve Global Trade and Digitize Supply Chains

Fintech: Blockchain Technology Facilitates Cross-Border Supply Chain

March 6, 2017 By Technologies.org Leave a Comment

the second largest case of blockchain use in economy of scale (shipping industry in this particular case)

IBM and Maersk announced a joint pilot based on use of blockchain technology to facilitate cross-border supply chain. Blockchain is "an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way. The ledger itself can also be programmed to trigger transactions automatically.", The Truth About Blockchain, Harvard … [Read more...] about Fintech: Blockchain Technology Facilitates Cross-Border Supply Chain

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