12 Facts about Blockchain Technology - TradeIX · Source: Accenture Expected value of global...
Transcript of 12 Facts about Blockchain Technology - TradeIX · Source: Accenture Expected value of global...
Potential annual savings for the largest 8 banks utilizingblockchain technology
Anticipated market CAGR between
2016 and 2024
Source: Transparency Market Research
58.7%
Source: McKinsey & Company
of North American & European banks exploring blockchain
Invested globallyin blockchain start-ups in 2016
Source: PWC
Source: PWC 90%50%
of banks are working with atechnology company to augment
their blockchain capabilitiesSource: Let’s talk Payments
Spend on blockchaintechnology by capital markets firms in 2016Source: Greenwich Associates
Expected spending from banks on distributed ledger technology by 2019
$1MMILLION
5YEARS
$1.4BMILLION
Time expected for blockchainto reach its full potentialSource: McKinsey & Company
POTENTIAL COST SAVINGS ON COMPLIANCE
30-50%
$8BBILLION PLUS
70%Potential cost savingson business operations
Source: Accenture
Expected value of global blockchain market
by the end of 2024
Facts
aboutBlockchain Technology
12
$20BBILLION
$280MMILLION
$400MMILLION
Source: Let’s talk Payments
Average investment in blockchain
project in 2017
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