Blockchain services in the APAC region have undertaken a critical turn, transforming potential industries and fostering innovation seamlessly. As a result, the Asia-Pacific region has emerged as the hotspot of blockchain development in recent years with a robust digital infrastructure, supportive government initiatives, and nurturing startup ecosystem. With the APAC countries like South Korea expanding its way in blockchain services, a digital, accurate, and efficacy in transactions is highly guaranteed.
A soaring demand for quick transactions, simplified business processes, and extended enterprise transparency and immutability are critically driving growth for blockchain services in the APAC arena. The blockchain market in the APAC region has already surpassed 4.59 billion USD currently, and is anticipated to reach a formidable market value of 322.7 billion USD by 2030, with a steady compound annual growth rate (CAGR) of 70 per cent. Deploying blockchain technology services allows businesses in the APAC to implement potential business models, especially with the rising shift towards e-wallets.
In this edition of APAC CIO Outlook, we present Blockchain Solutions Providers in South Korea at the revolutionary forefront to facilitate secure, transparent, and decentralised digital transactions and data management solutions for business in the APAC arena. Featured companies, MVL and Leadpoint System proffer v arious m easures t o i ncrease e fficacy s cores w ithin the industry. These companies are dedicated to assisting businesses with accurate digital transactions with increased transparency, and automate paperworks all across supply chains.
The magazine also includes insightful opinions of Ann-Marie O'Malley, Executive Director, Head of Platform Services, Global Internal Consulting, UBS and Federico Masias, SVP, Information Technology, Baird & Warner, imparting profound knowledge and experience in blockchain services. We hope these valuable insights from industry leaders featured in this edition will assist you in making informed decisions for your businesses.