London, June 02, 2021 (GLOBE NEWSWIRE) — According to a new market research report titled, “FinTech Blockchain Market by Application (Payments, Clearing, & Settlement, Identity Management), Provider, Organization Size, and Business Domain (Payment, Insurance, Capital Market, Commercial Banking, Regulatory Compliance) – Global Forecast to 2028.” the FinTech blockchain market is expected to grow at a CAGR of 59.9% from 2021 to 2028 to reach $36.04 billion by 2028.
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FinTech is used to describe new tech that seeks to improve and automate the delivery and use of financial services. FinTech blockchain is referred to as a financial technology application developed by using blockchain. It provides software, solutions, and other FinTech blockchain services used to provide automated and improved financial services across businesses.
Over the years, FinTech blockchain has gained importance and is becoming a common part of organizations dealing with improving digital banking services, stronger security, and regulation systems. Several business domains, including payment, insurance, capital market, and commercial banking, are deploying this technology worldwide on a considerable scale.
The growing demand for regulated trading platforms; increasing need for faster, inexpensive, and cross-border payment systems; and rising customer demand for bitcoins are the key factors…
