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 November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/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 November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/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: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/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.ezproxy.canberra.edu.au/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.ezproxy.canberra.edu.au/statistics/1055319/canada-blockchain-solutions-spending-banking/ (last visited November 10, 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.ezproxy.canberra.edu.au/statistics/1055319/canada-blockchain-solutions-spending-banking/