YourStory quotes MarketsandMarkets in their article on a Blockchain start-up, Cultivo
In a recent article on a blockchain start-up, Cultivo, YourStory cited MarketsandMarkets study on the global blockchain market. The Bengaluru-based company makes use of blockchain to help brands connect with their vendors and consumers better. The startup is set to bring a combination of technology and finance to de-risk supply chains, increase efficiency, and reduce back-office costs and errors. According to MarketsandMarkets, the global blockchain market is expected to be worth US $3 billion at present and poised to reach US $39 billion by 2025. The increasing need for simplifying the business processes and need for supply chain management applications integrated with the blockchain technology will drive the overall blockchain market.
For More Details:
Blockchain Market by Component (Platform and Services), Provider (Application, Middleware, and Infrastructure), Type (Private, Public, and Hybrid), Organization Size, Application Area (BFSI, Government, IT & Telecom), and Region - Global Forecast to 2025
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