Global Blockchain For Non-Profits- Market Overview:
Blockchain refers to a decentralized database of information, which is shared among the nodes of a computer network. Asis made up of blocks or digital containers, and these blocks include time-stamped transaction records. Blockchain technology for non-profits has widespread applications. Blockchain can reduce administrative costs, improve efficiency, and protect donor information across an NPO. Moreover, smart contracts and transparency in blockchain create new opportunities in philanthropy, transforming aid into digital assets and thereby maintaining trust in charitable organizations. The donors can also track the impact the track of their monetary contributions while NPOs can use crypto tokens to incentivize making donations.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Rising Technology Advancement And Implementation Across The Globe
Market Growth Drivers:
Increasing Investment In Blockchain Technology and Increasing Problems Regarding The Security Increase Need For The Blockchain Identity Software
Challenges:
Technological Complexity Associated With Blockchain
Restraints:
High Cost Associated With The Blockchain Technology
Opportunities:
Government Spending On The Blockchain Development Services and Increases Development Of Technology Infrastructure
Competitive Landscape:
The fragmented market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, awareness of pollution, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
Some of the key players profiled in the report are IBM (United States), NGO Xchange (United Kingdom), Coinbase Global Inc. (United States), Oracle (United States), Airbus (France), Tezos (Switzerland), Bitfury (Netherlands), Applied Blockchain Ltd (United Kingdom), Accenture (Ireland) and BitGive Foundation (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Blockchain For Non-Profits- market by 2028.
Latest Market Insights:
IBM has partnered with Global Citizen, a poverty alleviation NGO, to build a blockchain platform to track charitable donations.
In November 2021- Classy an online fundraising platform partnered with Coinbase Commerce enables nonprofits to connect blockchain supporters to launch three Crypto Giving Funds, making it easier for cryptocurrency holders to donate to nonprofits.
What Can be Explored with the Blockchain For Non-Profits- Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Blockchain For Non-Profits- Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Blockchain For Non-Profits-
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Blockchain For Non-Profits- market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Blockchain For Non-Profits- market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Venture Capitalists and Private Equity Firms and End-Users.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.