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The blockchain identity management market is anticipated to grow at a CAGR during the forecast period. The factor such as a rise in the need to establish transaction transparency between parties is the major factor that fuels the market growth for the blockchain identity management industry.
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Orion Market Research Global Blockchain Identity Management Market, Size, Share, Analysis Report & Forecast to 2025 Request https://www.omrglobal.com/request-sample/blockchain-identity-management-market a Free Sample of our Global Blockchain Identity Management Market: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404
The blockchain identity management market is anticipated to grow at a CAGR during the forecast period. The factor such as a rise in the need to establish transaction transparency between parties is the major factor that fuels the market growth for the blockchain identity management industry. Blockchain identity management offers real-time information regarding the particular person that allows industries such as retail, healthcare, and banks among others to verify their identity for any kind of identification. Moreover, blockchain assures the safety and authenticity of the user’s data along with its cryptographic security. Therefore, these factors are anticipated to propel the market across the industries. Additionally, an increase in demand for privacy and security solutions in enterprises and a rise in the proliferation of e-commerce is anticipated to boost the growth of the market. A full Report of Global Blockchain Identity Management Market is Available at: https://www.omrglobal.com/industry-reports/blockchain-identity-management-market Blockchain technology enables in creating a platform for the protection of individual identity against potentially fraudulent activities. As well as it aids the individual to create digital encrypted identities along with comprehensive security functionality. However, lack of awareness regarding blockchain technology is anticipated to hamper the growth of the market over the forecast period. Furthermore, an increase in demand for scalability and transaction speed is anticipated to offer key growth opportunities for the blockchain identity management market in the near future. The increase in government initiatives for the development of blockchain technology is growing and also in developed countries are expected to have the opportunity for market growth. Moreover, blockchain technology enables in enhancing the existing identity management by resolving the issues of KYC on boarding, lack of control over personal data and identity theft. The blockchain identity management solutions work by registering for ID, followed by upload of KYC documents, generating trust score of the individual, offer a digital ID and verification of KYC documents. Request https://www.omrglobal.com/request-sample/blockchain-identity-management-market a Free Sample of our Global Blockchain Identity Management Market: Global Blockchain Identity Management Market Segmentation By Provider Infrastructure Providers Middleware Providers Application Providers By Vertical
BFSI Government Healthcare Automotive & Transportation Retail and E-commerce Others Regional Analysis North America US Canada Europe UK Germany Italy Spain France Rest of Europe Asia-Pacific China India Japan Rest of Asia-Pacific Rest of the World Company Profiles Amazon Web Services, Inc. Bitfury Group,Ltd. BTL Group, Ltd. Cambridge Blockchain LLC Civic Technologies, Inc. ConsenSys AG EdgeSecure (Airbitz, Inc.) Evernym, Inc. Factom, Inc. IBM Corp. Kyc-Chain, Ltd. Microsoft Corp. NEC Corp. Netki, Inc.
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