Juniper Research has issued a forecast revealing that digital payments will drastically
increase by 2024. These transactions will reach $525 billion. It is currently
at $332 billion. The report also advances that mobile settlements, 41% international money transfers, will rise.
Moreover, blockchain-based payments have the potential to further grow
e-payments since the technology is increasingly being used to disrupt
traditional business models. The study demonstrated that blockchain-based
operators have the ability to offer faster, cheaper and more transparent
services.
Blockchain
leads to an increase of digital settlements
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