Tag Archive | blockchain

How Blockchain will Drive Mobile Money Transfer Growth

How Blockchain will Drive Mobile Money Transfer Growth

According to Juniper Research, the volume of domestic money transfers via mobile phones will exceed 203 billion in 2024 — that’s up from 130 billion in 2019. Domestic person-to-person (P2P) payments will drive this growth, accounting for 80 percent of all domestic transfers in 2024.

via Digital Lifescapes

Why Blockchain Innovation Needs a Business Case

Why Blockchain Innovation Needs a Business Case

“Prior to embarking on a blockchain project, 59% of respondents said they had no confidence that the project would deliver a positive return on investment – and only 38% of those who have implemented the technology developed a business case prior to investing.”

via World Economic Forum

The Blockchain Platform Market will Reach $3.1 Trillion

The Blockchain Platform Market will Reach $3.1 Trillion

By 2021, 90 percent of current enterprise blockchain platform implementations will require replacement within 18 months to remain competitive, secure and avoid obsolescence, according to the latest worldwide market study by Gartner.

via Digital Lifescapes

B2B Cross-Border Transactions to Reach 14.8 Billion

B2B Cross-Border Transactions to Reach 14.8 Billion

A new global market study found that more than 14 billion B2B cross-border transactions will be processed by 2023; rising from 13.5 billion in 2019 — that’s a 7% increase. This will be driven by blockchain-based payment networks.

via Juniper Research

Digital Trust in a Global Networked Economy

Digital Trust in a Global Networked Economy

“Several enterprises in global supply chains have moved their digitalization focus outwards towards the business networks of which they are part. Supply-chain actors need to work digitally with others across national borders to optimize the flow of physical goods, as well as the complex flow of information and financial transactions.”

via World Economic Forum

Exploring Blockchain Feature Application Potential

Exploring Blockchain Feature Application Potential

“Blockchain is often discussed as if it is one single technology. But it is really a combination of several distinct features – decentralization, distribution, cryptography, and automation – which are combined in different ways by different platforms.”

via World Economic Forum

Digital Money Transfer will Reach $525 Billion by 2024

Digital Money Transfer will Reach $525 Billion by 2024

Mobile and online (digital) money transfer offerings will continue to transform the market. New technologies, such as blockchain, will further accelerate the trend.

via Digital Lifescapes