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Blockchain in Government Market Is Booming Worldwide : IBM, ConsenSys, Microsoft

By: SBWire

NJ New Jersey, USA -- (SBWIRE) -- 05/24/2023 -- Advance Market Analytics published a new research publication on "Blockchain In Government Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Blockchain In Government market was mainly driven by the increasing R&D spending across the world.

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Some of the key players profiled in the study are:
IBM (United States), ConsenSys (United States), Microsoft Corporation (United States), Amazon Web Services (United States), Oracle Corporation (United States), SAP (Germany), Accenture (Ireland), Factom (United States), Capgemini (France), Auxesis Group (India), SpinSys (United States), BigchainDB GmbH (Germany).

Scope of the Report of Blockchain In Government
Blockchain is a technology that is used to record or share information securely. The government sector is moving towards digital transformation and adopting blockchain technology to build trust with citizens by protecting their sensitive information or data as the technology makes it difficult to change or hack systems. The government is focusing to install the blockchain system in healthcare facilities and asset management to manage health and human service portfolios and reduce frauds in property transactions, land registry, etc. Blockchain plays an important role to tackle corruption in the government sector as it offers singular combination of permanent and tamper-evident record-keeping, real-time transaction transparency, and auditability.

The titled segments and sub-section of the market are illuminated below:
by Type (Public Blockchains, Private Blockchains, Consortium Blockchains, Hybrid Blockchains), Application (Medical and healthcare, Financial applications, Critical infrastructures, Asset management, Education, Data management, Others), Deployment (Cloud, On-Premises)

Market Trends:
Increasing Initiatives by Government Bodies to Support and Accelerate the Development of Blockchain Ecosystem

Increasing Development of Smart Cities Across the Globe

Market Drivers:
Surging Demand for Blockchain Technology in the Government Sector to Eliminate Failure and Protect Sensitive Data
High Growth of Blockchain in the Financial Applications to Manage Cryptocurrencies and Asset Management

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Blockchain In Government Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Blockchain In Government market
Chapter 2: Exclusive Summary – the basic information of the Blockchain In Government Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Blockchain In Government
Chapter 4: Presenting the Blockchain In Government Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Blockchain In Government market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2023-2028)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

finally, Blockchain In Government Market is a valuable source of guidance for individuals and companies.

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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.

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Praveen Kumar
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AMA Research & Media LLP
Telephone: (201) 7937323, +1(201) 7937193
Email: Click to Email Praveen Kumar

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