12 Facts about Blockchain Technology - TradeIX · Source: Accenture Expected value of global blockchain market by the end of 2024 Facts about Blockchain Technology 12 $20B BILLION

Potential annual savings for the largest 8 banks utilizingblockchain technology

Anticipated market CAGR between

2016 and 2024

Source: Transparency Market Research

58.7%

Source: McKinsey & Company

of North American & European banks exploring blockchain

Invested globallyin blockchain start-ups in 2016

Source: PWC

Source: PWC 90%50%

of banks are working with atechnology company to augment

their blockchain capabilitiesSource: Let’s talk Payments

Spend on blockchaintechnology by capital markets firms in 2016Source: Greenwich Associates

Expected spending from banks on distributed ledger technology by 2019

$1MMILLION

5YEARS

$1.4BMILLION

Time expected for blockchainto reach its full potentialSource: McKinsey & Company

POTENTIAL COST SAVINGS ON COMPLIANCE

30-50%

$8BBILLION PLUS

70%Potential cost savingson business operations

Source: Accenture

Expected value of global blockchain market

by the end of 2024

Facts

aboutBlockchain Technology

12

$20BBILLION

$280MMILLION

$400MMILLION

Source: Let’s talk Payments

Average investment in blockchain

project in 2017

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