Impact Of Blockchain in Retail Banking, Key Players, On-Going Trends, Value Chain, Industry Analysis – Forecast Reports

Posted on 2018-08-02 by Mark Hub in Technology // 0 Comments

Albany, US, 2018-Aug-02 — /EPR Network/ —Market Research Hub (MRH) has recently broadcasted a new study to its broad research portfolio, which is titled as “Blockchain in Retail Banking – Thematic Research” provides an in-depth analysis of the Blockchain in Retail Banking with the forecast of market size and growth. The analysis includes addressable market, market by volume, market share by business type and by segment (external and in-house).The research study examines the Blockchain in Retail Banking on the basis of a number of criteria, such as the product type, application, and its geographical presence. The whole supply chain of Blockchain in Retail Banking has been explained with statistical details with a special emphasis on various upstream and downstream components. The current trends pertaining to the demand, supply, and sales of Blockchain in Retail Banking together with the recent developments have been given here to provide an exhaustive picture of this market.

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Summary

Blockchain technology, often referred to as distributed ledger technology (DLT), is a means by which the participants in a distributed network can each maintain a copy of an immutable ledger of transactions and where transactions can be executed without the need for a single, central, coordinating authority. This ability to execute transactions effectively without the presence of a central authority is regarded by many as the chief benefit of blockchain technology, as it creates the promise that organizations will be able to transact business with one another without being subject to third-party control.

In banking, this disintermediation has serious ramifications for billions of dollars of global business. DLT could enable two parties to transact without requiring a third party for oversight or intermediation, reducing counterparty risk and arbitrage, as well as the role of parasitic supporting entities that act as bottlenecks and profit from opacity in the system.

This promises to reduce overheads and greatly reduce transaction fees, decrease the number of stages and the number of organizations involved in a transaction (thereby reducing the chance of errors), while enabling faster transactions, 24 hours a day, seven days a week (in contrast to current interbank transactions that can take days for final clearing and settlement).

Scope

– This report analyses the impact of blockchain in retail banking.
– It discusses the benefits and uses of blockchain in banking.
– It identifies the current leaders and companies looking vulnerable in the blockchain technology theme.

Reasons to buy

– The report highlights some of the key players in the blockchain industry.
– It discusses some of the key trends in blockchain technology.
– The report explains the blockchain value chain by use case.
– It provides an industry analysis, explaining the fundamental challenges DLT faces and the adoption of the technology.
– The report also analyses the impact of blockchain on retail banking, offering key recommendations for retail banks and IT vendors.
– It provides a technology briefing to explain the evolution of the blockchain technology and how it works.

View Full Report with TOC@ https://www.marketresearchhub.com/report/blockchain-in-retail-banking-thematic-research-report.html

Table of Contents
PLAYERS 4
TRENDS 5
Blockchain industry trends 5
Blockchain use case trends 6
Blockchain trends in retail banking 7
VALUE CHAIN 9
Asset registries 10
Financial services platforms 11
Industrial platforms 12
INDUSTRY ANALYSIS 13
Permissioned DLT networks insert a degree of trust into the equation 14
Commercial blockchains are at least five years away 14
DLT faces several fundamental technical challenges 15
What are the primary use cases for blockchain technology? 15
Logistics 16
Healthcare 16
Land registries 16
Digital fiat currencies 17
Smart grid 17
Commodity trading 18
Timeline 19
IMPACT OF BLOCKCHAIN ON RETAIL BANKING 21
Key recommendations for retail banks 24
Key recommendations for IT vendors 25
COMPANIES SECTION 26
Public tech and financial services companies 26
Private tech companies 28
Retail banking companies 29
TECHNOLOGY BRIEFING 30
How has blockchain technology developed over the last decade? 30
How does blockchain work? 31
GLOSSARY 32
APPENDIX: OUR THEMATIC RESEARCH METHODOLOGY 35

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