Blockchain data records are linked to each other using hash pointers. Hash pointers point to the location of the previous data block and it even contains the message about the content of the block. The pointer allows the programmer to locate the data block and read its content. Inside the block all the transaction messages are organized in the form of a tree known as the Merkle Tree. These trees summarize all the transactions in a block and provides a very efficient process to verify the transactions. Merkle trees are constructed by using hash nodes until there is only one hash node left. The last hash node is called the Root or Merkle Root. Merkle trees use double-SHA 256.
The global injectable drug delivery market generated $16.73 billion revenue in 2016 and is
expected to reach $37.47 billion by 2025. The technologically advanced healthcare
infrastructure along with the ever rising prevalence of chronic diseases is the prime reason for
the growth of the market. The Europe injectable drug delivery market currently holds XX% of
the global injectable drug delivery market. Technological innovations, growing adoption of
injectable devices in homecare as well the rising incidence of chronic diseases have propelled
the growth in the recent past in the region.
The scope of this report is focused on passenger cars and commercial vehicles. The market volume was calculated based on the electric vehicle registrations or sales. Based on the classification, the Average Selling Price (ASP) was calculated by weighted average method. ASP calculations are completely based on the number of data points taken into account while conducting the research. The base currency considered for the market analysis is US$. Currencies other than the USD are converted to the USD for all statistical calculations, considering the average conversion rate for that particular year.