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Fortune Business Insights: Blockchain-as-a-Service Market to Skyrocket to $24 Billion by 2027

Fortune Business Insights: Blockchain-as-a-Service Market to Skyrocket to $24 Billion by 2027

Fortune Business Insights, a leading publisher of market research reports, has revealed that the blockchain-as-a-service (BaaS) sector will escalate to $24.94 billion by 2027 from $1.9 billion recorded in 2019, representing a compound annual growth rate (CAGR) of 39.5%. This uptrend will be fueled by small and medium enterprises (SMEs) as they are viewing blockchain technology as an optimal solution for the numerous challenges they face, like access to bank loans, trade financing, and cash flow difficulties.

“VISION 20/21” – Finding Clarity in Uncertainty at Business of Design Week (BODW) 2020

“VISION 20/21” – Finding Clarity in Uncertainty at Business of Design Week (BODW) 2020

The change and uncertainty of 2020 has shown how vulnerable we all are. However, as we look forward to 2021 and beyond, we have the power to change how we view these times, find fresh impetus and imagine new possibilities based on our real needs and what truly matters.

IBM and Verizon Business Collaborate on 5G and AI Edge Computing Innovation

IBM and Verizon Business Collaborate on 5G and AI Edge Computing Innovation

Tech giant IBM is collaborating with Verizon Business to help usher in the future of Industry 4.0 through their respective expertise on edge computing innovation and 5G technology.

The Cayman Islands Creates Regulatory Framework to Attract Virtual Asset Business

The Cayman Islands Creates Regulatory Framework to Attract Virtual Asset Business

The Ministry of Financial Services of the Cayman Islands announced that it is building regulatory frameworks for individuals and entities that offer digital assets in business.

Volkswagen's Skoda DigiLab Collaborates with Microsoft for Blockchain-Based Business Solutions

Volkswagen's Skoda DigiLab Collaborates with Microsoft for Blockchain-Based Business Solutions

Skoda DigiLab, an innovation hub, has partnered with Microsoft and Lumos Labs for innovative blockchain-based solutions in the business arena.

Former Ripple Executive Loses Keys to Digital Wallet Holding $240 Million worth of Bitcoin

Former Ripple Executive Loses Keys to Digital Wallet Holding $240 Million worth of Bitcoin

Former Ripple executive Stefan Thomas may have made a fortune off Bitcoin, but he might never be able to touch it.

Blockchain Got Down to Business in 2019

Blockchain Got Down to Business in 2019

Executives who took part in Deloitte’s survey are confident about the new and evolving use-cases of blockchain. In comparison to Deloitte’s 2018 survey, respondents report that overall corporate blockchain investment is expanding across most sectors and practical applications are gaining traction.

Exclusive: Arbitrage - the Key Business Opportunity Brought by Blockchain

Exclusive: Arbitrage - the Key Business Opportunity Brought by Blockchain

Following the latest update of Paxful, Ray took a step back and shared to us his inspiration to set up Paxful and what he learnt from 11 failed startups! He then identified arbitrage as the key business opportunities by blockchain and instead of decentralization, peer to peer should be the core value preposition of Bitcoin!

Blockchain Industry Will Be Valued at $21 Billion Globally by 2025, Research Suggests

Blockchain Industry Will Be Valued at $21 Billion Globally by 2025, Research Suggests

A research study by Fortune Business Insight, a market reporting and consulting firm, suggests the global blockchain industry will be valued at a mammoth $21 billion in the next five years. The report explored the rise of financial technology and blockchain companies working towards financial inclusion and targeting developing countries and regions to leverage growth. Such regions, incidentally, have witnessed a growth in educated talent in the past decade, and are well-suited to interact with and understanding distributed ledger mechanisms.

FinTech in Belt and Road - the UK FinTech Bridge

FinTech in Belt and Road - the UK FinTech Bridge

In the second round of our interviews at the Belt and Road Summit 2019 in Hong Kong, Blockchain.News gained further insights from European representatives Germany, as well as soon to be European exiters—the UK to learn more about their countries’ latest developments related to the Belt and Road Initiative.

How to Leverage FinTech Opportunities in Africa

How to Leverage FinTech Opportunities in Africa

Insights from Paxful on FinTech opportunities in Africa!

Louisiana State Congress Unanimously Pass Crypto-Business Licensing Bill

Louisiana State Congress Unanimously Pass Crypto-Business Licensing Bill

Crypto businesses may be offered a regulated path to legalization in the state of Louisiana. The proposed bill has been backed by Louisiana state representative Mark Weight. Should the bill be passed, the state would have a regulated crypto framework to operate within and would provide an official definition of traditionally ambiguous cryptocurrency-related terms.

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