LONDON–(BUSINESS WIRE)–Infiniti Research, a world-renowned market intelligence solutions
provider, has announced the completion of their latest article on the top
five recent developments in the blockchain market.
Blockchain application can be stretched much beyond dealing with just
bitcoin transactions to industries like logistics, fashion, and even
humanitarian causes like offering global identity solutions for
refugees. At present, there are lots of industries like healthcare,
trade finance, cyber security, etc. that are using blockchain
technology. Even though the blockchain market will witness promising
growth, concerns such as security threats, cost, complexity in
understanding, and many more are stopping industries from implementing
“Blockchain technology has transformed to become one of the most
revolutionary and advanced technological developments of the 21st era,” says
an industry expert from Infiniti.
To know more about the scope of our engagement, request
Top recent developments in the blockchain
Blockchain in human resource: HR and recruitment are two sides
of the same coin, but recruitment takes a lot of time as well as
resources of the HR department. This is one of the main reasons why
companies select a third party or external recruiters today. But such
methods clearly come with a heavy associated fee. Since most of the
candidates’ information obtained during the recruitment phase can be
observed on the blockchain, there’s a huge amount of procedures
getting streamlined. Resumes will be a thing of the past, and
certificates, grades, work history, and experience will be simply
verified and visible to people with direct involvement. This
development will include a new chapter to the growth of the blockchain
market. To know more about our solutions, get
Blockchain market size expanding dynamically across Asia and the
Middle East: Banks in countries like South Korea and Japan have
put out their foot by testing a brand new type of blockchain
technology which will allow them to attain same day transfer of money
internationally. This would help decrease their costs by almost 30%.
With such developments, the blockchain market is set to spread its
wings across the Middle East and Asia. To know more about our
solutions for the blockchain market, request
Blockchain adoption to be amplified by cybersecurity: Owing to
an increase in the threat of ransomware outbreaks demanding money in
the form of cybersecurity, cryptocurrency, and blockchain technology
providers have to increase their focus on security. Organizations in
the blockchain market are going to include blockchain cybersecurity
tools soon, which may sound like a good thing of future but it will
certainly be a revolutionary development in the blockchain market.
There is a high need for a better and safer technology in which keys
are not held by anyone and this can be evidently realized by the
recent failure to identity data systems.
in touch, to know more about how we can help you boost
Infiniti Research is a global market intelligence company offering
strategic insights to help look beyond market disruptions, study
competitive activity, and develop intelligent business strategies.
Listed below are the top five recent developments in the blockchain
View the complete list of the top five recent developments in the
About Infiniti Research
Established in 2003, Infiniti Research is a leading market intelligence
company providing smart solutions to address your business challenges.
Infiniti Research studies markets in more than 100 countries to help
analyze competitive activity, see beyond market disruptions, and develop
intelligent business strategies.
With 15+ years of experience and offices across three continents,
Infiniti Research has been instrumental in providing a complete range of
competitive intelligence, strategy, and research services for over 550
companies across the globe.