Blockchain Identity Management Market report gives an astonishing source to analyze the Blockchain Identity Management market and other fundamental subtleties identifying with it. The examination uncovers the general evaluation and associated ideas of the Blockchain Identity Management market. The report displays a reasonable scenario of the Blockchain Identity Management market that links applications, proposals, industry chain structure, and definitions. Likewise, it connects the expansive validity of the Blockchain Identity Management market and configurations to a fundamental precision, experiences, and industry-substantiated estimations of the general Blockchain Identity Management market. Some of the prominent participants operating in this market are Amazon Web Services, Inc., Bitfury Group Limited, Bitnation, Blockverify, BTL Group Ltd., Cambridge Blockchain, LLC, Civic Technologies, Inc., Coinfirm, Evernym, Inc., Factom, Existence ID, IBM Corporation, KYC-CHAIN LIMITED, Netki, Microsoft, Neuroware, OriginalMy.com, Peer Ledger, Inc., uPort, UniqID, Tradle, Oracle, ShoCard, Nodalblock among others.
Global blockchain identity management market is projected to register a CAGR of 52.5% in the forecast period of 2019 to 2026.
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Product Launch
In February, 2019, IBM unveiled its latest product portfolio for Internet of things (IoT) solutions which involve advanced analytics and artificial intelligence for assisting intensive organizations such as Metropolitan Atlanta Rapid Transit Authority.
In November, 2018, Amazon Web Services announced its 13 latest machine learning capabilities and services, which include 1/18 scale autonomous racing car for developers and a custom chip for machine learning inference.
In October, 2018, Civic Technologies, Inc. launched a new solution, Civic Connect. Civic Connect is an app-to-app integration which enables mobile apps to integrate Civic Secure Login and reusable KYC to authenticate users.
In April, 2018, BTL Group Ltd. announced the launch of Interbit platform for testing and feedback. Interbit is proprietary next-generation token free blockchain platform which is built to address the scalability and privacy shortcomings of blockchain platforms.
In November, 2016, Bitnation released marriage app on Ethereum Blockchain. The application went into Ethereum Hackathon. This application is a functional jurisdiction in a robust marriage contract, such as ability to choose code of arbitrator, law and create a sign, an escrow, timestamp or contract.
The blockchain identity management solution works by registering for global ID, followed by upload of know-your-customer (KYC) documents, verification of KYC documents, generating trust score of the individual and providing a digital ID. We can implement this solution over permissioned and permissionless networks, i.e., private and public networks respectively, although permissioned networks are more secure as it allows access based on the invites only.
Blockchain identity management offers a secure and decentralized solution for digital identity enabling distributed trust model. The blockchain technology is transforming the existing identity management system by offering the self-sovereign identity over decentralized networks as sharing multiple IDs may lead to security concerns and data breaches. Since blockchain enables decentralization, it eliminates the aforementioned intermediaries between any interaction and communication. Blockchain technology helps improving the existing identity management by resolving the issues of identity theft, KYC onboarding, and lack of control over personal data.
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Table of Contents
1 Market Overview
2 Manufacturers Profiles
3 Global Blockchain Identity Management Market Competitions, by Manufacturer
4 Global Blockchain Identity Management Market Analysis by Regions
5 North America Blockchain Identity Management by Countries
6 Europe Blockchain Identity Management by Countries
7 Asia-Pacific Blockchain Identity Management by Countries
8 South America Blockchain Identity Management by Countries
9 Middle East and Africa Blockchain Identity Management by Countries
10 Global Blockchain Identity Management Market Segment by Type
11 Global Blockchain Identity Management Market Segment by Application
12 Sales Channel, Distributors, Traders and Dealers
13 Research Findings and Conclusion
14 Appendixes
Key Benefits for Stakeholders from Blockchain Identity Management Market Report:
This report entails a detailed quantitative analysis along with the current global Blockchain Identity Management market trends to identify the prevailing opportunities along with the strategic assessment.
The Blockchain Identity Management market size and estimations are based on a comprehensive analysis of key developments in the industry.
A qualitative analysis based on innovative products facilitates strategic business planning.
The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the Blockchain Identity Management industry.
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Reasons for Buying this Blockchain Identity Management Report
1. Blockchain Identity Management market report aids in understanding the crucial product segments and their perspective.
2. Initial graphics and exemplified that a SWOT evaluation of large sections supplied from the Blockchain Identity Management industry.
3. Even the Blockchain Identity Management economy provides pin line evaluation of changing competition dynamics and retains you facing opponents.
4. This report provides a more rapid standpoint on various driving facets or controlling Blockchain Identity Management promote advantage.
5. This worldwide Blockchain Identity Management report provides a pinpoint test for shifting dynamics that are competitive.
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The global blockchain identity management market is projected to reach $3843.5 million by 2026, from $75.38 million in 2019, at a CAGR of 76.11%.Blockchain technology is a management service that helps in creating platforms for the protection against identity theft and fraudulent activities.
The term ‘Block’ refers to every record comprehensively stored and recorded in the data of all the transactions that cannot be changed once the person gets it verified and secured.
It also helps the individual to create multiple substitute usernames and passwords for himself while providing secured data and features capable of saving resources and time.Read More: https://introspectivemarketresearch.com/reports/blockchain-identity-management--market/An Introspective Market Research report titled Global Blockchain Identity Management Market provides detailed information and review of key powerful factors needed to obtain an informed business choice.
It also discusses the growth and style of the different segments, as well as the markets in different regions.
The market was analysed not only in demand but also in the scope of supply.Browse now for Full Report Index or a Sample Copy @:https://www.introspectivemarketresearch.com/request/12078Some are the players that are considered in the coverage of this study are:IBM, AWS, Civic Technologies, Cambridge Blockchain, UPort, Evernym, UniquID, Netki, ShoCard, Factom, Microsoft, Oracle, Bitnation, Nodalblock, EdgeSecure, Blockverify, Peer Ledger, KYC-Chain, Bitfury, Originalmy, Neuroware, Tradle, Existenceid, Coinfirm, BTL Group LLC, PeerMountain, SelfKey FoundaTIon, NewBankingMost Important Types Blockchain Identity Management Products Covered In This Report Are:Permissioned, Permission lessType Insights: In this segment, Permissioned Networks is accounted for the largest segment with a market share of 56.32% and estimated to have a market size of USD 2198.19 million in the year 2026 with a CAGR of 76.42%.
Through extensive regional analysis of the market, the research analyst attempts to uncover hidden growth prospects that are available to players in different regions of the world.
OverviewThe blockchain identity management market is projected to grow at a CAGR of 85% during the forecast period.
As per the blockchain identity management market research report, the global market for blockchain identity management is anticipated to grow rapidly by US$19.3 Billion by 2023.
As per analysts, low-cost access to identity-verification services along with rising security concerns will drive the market growth throughout the forecast period.
The blockchain identity management market research report by expert analysts is intended to help companies in the blockchain identity management market.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/1708Market SegmentationThe global blockchain identity management market has been segmented based on provider, organizations size, components, and vertical.
On the basis of vertical, the market for blockchain identity management is segmented based on BFSI, telecom & IT, and government.
The blockchain identity management market research report offers crucial details about the blockchain identity management market based on the data and forecasts till 2023.Regional OverviewNorth America, Europe, Asia Pacific and the rest of the world regional market for blockchain identity management are primarily covered in the global blockchain identity management market research report.
