Top Five Recent Developments in the Blockchain Market | Infiniti Research

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
this technology.

“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.

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Top recent developments in the blockchain
market:

• 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
  in touch
• 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
  a proposal
• 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.
• Get
  in touch, to know more about how we can help you boost
  business profits

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
market.

View the complete list of the top five recent developments in the
blockchain market:

https://www.infinitiresearch.com/thoughts/five-latest-developments-blockchain-market

About Infiniti Research

Established in 2003, Infiniti Research is a leading market intelligence
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Infiniti Research studies markets in more than 100 countries to help
analyze competitive activity, see beyond market disruptions, and develop
intelligent business strategies.

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