In the Asia-Pacific region, there is a noticeable turn of business towards blockchain – according to a study by firm KPMG and bank HSBC, more than 25% of startups are working in this area.
As part of the study, specialists from the consulting firm KPMG and the international financial conglomerate HSBC interviewed representatives of 6,472 companies in the region. Among the “growing giants”, the most popular was the work in the field of non-fungible tokens (NFT). There are also many companies working in the decentralized finance industry. The third most popular companies are developing infrastructure for electric vehicles, quantum computing systems and robotic technology. In 14th place were startups selling and renting real estate based on blockchain and decentralized autonomous organizations (DAO).
The list of 100 largest companies included only five companies working in the field of blockchain. And only one – Hong Kong’s Catheon Gaming – entered the top ten in terms of capitalization.
The researchers noted that China leads in the number of technology startups – 32.8% are registered in China. There are also many similar firms in India – 30.1%. The third and fourth places are occupied by Japan and Australia with 12.7% and 8.7% respectively.
A recent study by Boston Consulting Group, Bitget and Foresight Ventures predicts that by 2030 the number of cryptocurrency users will exceed 1 billion.
Source: Bits
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