, USA Blockchain Industry Research Report: Ken Research
  • Major technology vendors in BFSI market are making huge investments for the adoption of blockchain technology. Companies namely Goldman Sachs, JP Morgan Chase, Amazon AWS, Deloitte, IBM, SAP, Accenture, R3, Google, and Microsoft have made the huge investments that are supporting blockchain technology for their business ventures.
  • The Treasury Department of USA is turning to blockchain in a six-month project that ultimately intends to streamline agencies’ financial process and re-imagine how the government does business.
  • Propy, a blockchain-verified platform for selling houses, raises funding from venture capitalist investor Tim Draper, best known for his early investments into Tesla, Skype, Twitter, Coindesk &

Blockchain helping firms across America to scale new heights

Ease of monitoring & tracking transactions make it easy for a business to streamline its operations. As blockchain platforms provide integrity-protected documents & a transparent process overall. A higher level of accountability, authenticity & reliability further helps in providing the right tools for scaling operations as this leads to tighter security & operating standard by providing organizations access to cutting-edge technology

Secure Consolidation and Sharing of Data

One significant benefit of blockchain technology platforms is that they help in preventing security risks when consolidating data from different systems. It differs from traditional databases where the operation is under the control of a single person or organization, giving the owner the chance to tamper with the data storage without knowledge from other members of the team. The hashes of blockchain platforms protect the data making it impossible for unethical users to tamper with even a single line of information in the network. The fact that decentralized storage of data is possible, leaking, and corrupting them can be very hard.

Enhanced data integration with reduced costs

Blockchain technology makes use of segments as the broken-down form of the data. It makes it possible for any research information to get safely stored in blocks, so every node in the network can access and track it without any extra arrangements. Data storage is safe & less expensive to procure as traditional databases and centralized servers can be expensive to maintain. Luckily for researchers, decentralized clouds through blockchain platforms offer a high-quality storage technology at much lower costs, giving them the chance to cut expenses in the face of limited funds.

Analysts at Ken Research in their latest publication “USA Blockchain-Enabled Record Issuing Platform Market observed that there is a vast opportunity to disrupt the traditional record Issuing space. The report discusses the creation & feasibility study of a blockchain-enabled records/certificate issuing platform that can utilize the immutable nature of the blockchain technology to securely issue records & certificates. The platform could be a real disruptor in the traditional field as it eliminates various costs like printing, admin, logistics & more. The report further discusses the use of case scenarios in the public & private sector, competition analysis of current players in the industry & end-user perception via survey analysis.

Key Segments Covered (Use Case Analysis): –

Public Sector

Permits & Licenses

User Identification

Vital Documents

Legal Records

Private Sector

BFSI

Education

Healthcare

Business Services

Manufacturing & Retail

Entertainment & Hospitality

Telecom

Energy

Key Target Audience

Hardware Technology Manufacturers

Software Technology Manufacturers

Cloud Storage Providing Enterprises

Public Institutions (Engaged in Issuance of Records)

Online Education Providers (Ed-Tech Companies)

IT Enterprises

BFSI Enterprises

Healthcare Enterprises

Universities & Schools

Hospitality & Entertainment Enterprises

Blockchain Industry Associations

Legal Service Providers

Manufacturing Enterprises

International Retail & maritime Shipment Providers

Blockchain Technology Software’s Providers

Engineering Service Providers

Time Period Captured in the Report:

Historical Period: FY’2014-FY’2020

Forecast Period: FY’2020-FY’2025

Companies Mentioned:

Blockchain Enabled Record/Certificates Issuing Companies

Smart Certificate

CloudCerts

Blockeducate

Block.Co

Certy

Certify

Others include Blockcerts, Verisas & more

Key Topics Covered in the Report:

Analysis of Enterprise IT Infrastructure in USA

IT Expenditure – Macro Overview

IT Expenditure Breakdown

Major Focus in IT Infrastructure Expenditure

New Technology Trends which are expected to have the Biggest Impact

Blockchain Technology Growth & Current Infrastructure

Lifecycle of Blockchain

Current Adoption of Blockchain Infrastructure

End User Perspective towards Blockchain

End User Analysis of Blockchain Enabled Record issuing platform

Public Sector Analysis & Use Cases

Private Sector Analysis & Use Cases

Competition analysis of current Blockchain Enabled Record issuing platform covering Overview, API Analysis, Pricing Analysis, Platform Analysis

Perception based Survey analysis of USA based enterprises

Awareness of Blockchain & Security Needs

Security a Priority for Entities Utilizing Digital Solutions

Influencing Factors for Decision Makers

Gap Analysis in Current Secured Digital Solutions

Analysis of Current Digital Platform Usage

Major Benefits Availed from Adoption of Secured Digital Solutions

Analysis of Entities Utilizing Physical & Unsecured Methods

Analysis of Problems associated with Physical & Unsecured Issuance

Adoption of a blockchain enabled record issuing platform

Mass Adoption of blockchain enabled record issuing platform Dependent on Customized Features

Subscription Model Analysis

Availability of Customized Solutions

Product Strategies & Overview

Feasibility Study of a block chain enabled record issuing platform

Exhaustive Industry basis Use Case Analysis

Analysis of Product Features & Offerings

Product Promotion & Assessment of Target Audience