As a distributed ledger system, blockchain provides higher security to real-time transactions and hence boosts the digital economic processes. Blockchain comprises blocks that digitally records the data/transactions; combining such blocks it forms the chain that represent the entire blockchain network. Blockchain provides increased transaction speed, redefined business models, greater transparency, improved efficiency, and trust across transactions. Thus, this technology provides huge potential for the banking sector and other financial markets. Furthermore, blockchain in BFSI saves huge costs and time on cross-border payments, identity management, and know your customer (KYC) compliances. This report features information on blockchain in BFSI solutions and services offered by key vendors. Furthermore, it highlights the strategies adopted by key market players to improve the market share and sustain competition.

INTRODUCTION

EXECUTIVE SUMMARY

MARKET OVERVIEW

BLOCKCHAIN IN BFSI MARKET, BY COMPONENT

SMART SPACE MARKET, BY APPLICATION

GLOBAL BLOCKCHAIN IN BFSI MARKET, BY REGION

COMPETITIVE LANDSCAPE

COMPANY PROFILE