HONG KONG, Sept. 20, 2018 /PRNewswire/ - Fintech (HK) International Co., Limited has commented on blockchain technology and its future outlook in Asia.
Numerous financial institutions and companies using blockchain technology have been rapidly driving the growth of the market value.
Bruce Chen the head of research & strategy development at Fintech (HK) International Co., Limited said "We are seeing a market that is going to hit a value of around $15 billion in the next six years in Asia alone."
Fintech (HK) International Co., Limited is providing financial sector businesses and institutions a pioneering payment technology that can allow companies' access to a secure and flawless system that enables them to enter emerging and frontier markets previously inaccessible.
The new standard in payment transactions will save time and money with global payments, up to 60% on average allowing clients access to instant settlements.
Over 140 deals were signed in 2017 from venture capitalists that injected capital into blockchain-based start up companies to the tune of $545 million US dollars. This figure has already increased by over 50 percent with investments reaching over $1 billion across the globe in 2018 alone.
The main reason behind the growth into the distributed ledger technology is to provide a more efficient and faster payment transfer. With more capital being injected into the cutting-edge technology to supply a wide range of sectors and markets that require the adoption of the technology.
About Fintech (HK) International Co., Limited
Fintech (HK) International Co., Limited provides solutions for the financial industry as it enables end-to-end payment services with secure transaction ledgers providing low cost solutions.
The technology has been designed to adapt within an existing banking infrastructure for faster integration; while reducing traditional limitations it provides businesses a faster and cheaper payment transfers solution.
SOURCE Fintech (HK) International Co., Limited