Blockchain Supplychain Market Outlook 2026 By Applications, Size, Share, Trends, Opportunity
According to TechSci Research, Global blockchain supplychain market was valued at over $ 140 million in 2019 and is projected to grow at a CAGR of around 80% by 2026, on account of growing demand for transparency of the supplychain. Owing to globalization and rising internet penetration, enterprises and customers do not have clear visibility of all the members present in management. Blockchain disruption in supplychain management can solve the problem of lack of transparency and accountability. Blockchain is a decentralized network that works without a single authority and records information such that the information can be viewed by its members but can’t be altered, once it is recorded in the system. Global blockchain supplychain market can be segmented based on type, provider, application, end user industry and region. Based on application, global blockchain supplychain market can be segmented into payment & settlement, counterfeit detection, produ...