The global blockchain market size is expected to grow from USD 3.0 billion in 2020 to USD 39.7 billion by 2025, at an impressive Compound Annual Growth Rate (CAGR) of 67.3% during 2020–2025.
Major players in the blockchain services market are IBM Corporation, Amazon.com, Microsoft Corporation, Oracle Corporation, SAP, Stratis, Baidu, Inc., Huawei Technologies Co. Ltd., Accenture, and Deloitte.
Maybank (Cambodia) Plc has reportedly announced its membership of Bakong, a National Bank of Cambodia (NBC)-initiated blockchain-based peer-to-peer (P2P) fund transfer and payment platform.