Cross-border payments and settlements are the top banking blockchain use cases in Canada, with spending being forecast to amount to 7.8 million Canadian dollars. The banking industry is the frontrunner in adopting the distributed ledger technology.
Spending on banking blockchain solutions in Canada in 2019, by use case
(in million Canadian dollars)
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IDC. (September 25, 2019). Spending on banking blockchain solutions in Canada in 2019, by use case (in million Canadian dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1055319/canada-blockchain-solutions-spending-banking/
IDC. "Spending on banking blockchain solutions in Canada in 2019, by use case (in million Canadian dollars)." Chart. September 25, 2019. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1055319/canada-blockchain-solutions-spending-banking/
IDC. (2019). Spending on banking blockchain solutions in Canada in 2019, by use case (in million Canadian dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1055319/canada-blockchain-solutions-spending-banking/
IDC. "Spending on Banking Blockchain Solutions in Canada in 2019, by Use Case (in Million Canadian Dollars)." Statista, Statista Inc., 25 Sep 2019, https://www.statista.com/statistics/1055319/canada-blockchain-solutions-spending-banking/
IDC, Spending on banking blockchain solutions in Canada in 2019, by use case (in million Canadian dollars) Statista, https://www.statista.com/statistics/1055319/canada-blockchain-solutions-spending-banking/ (last visited December 21, 2024)
Spending on banking blockchain solutions in Canada in 2019, by use case (in million Canadian dollars) [Graph], IDC, September 25, 2019. [Online]. Available: https://www.statista.com/statistics/1055319/canada-blockchain-solutions-spending-banking/