The recent technological advent of cryptocurrencies and their respective benefits have been shrouded with a number of illegal activities operating over the network such as money laundering, bribery, phishing, fraud, among others. In this work we focus on the Ethereum network, which has seen over 400 million transactions since its inception. Using 2179 accounts flagged by the Ethereum community for their illegal activity coupled with 2502 normal accounts, we seek to detect illicit accounts based on their transaction history using the XGBoost classifier. Using 10 fold cross-validation, XGBoost achieved an average accuracy of 0.963 ( ± 0.006) with an average AUC of 0.994 ( ± 0.0007). The top three features with the largest impact on the final model output were established to be ‘Time diff between first and last (Mins)’, ‘Total Ether balance’ and ‘Min value received’. Based on the results we conclude that the proposed approach is highly effective in detecting illicit accounts over the Ethereum network. Our contribution is multi-faceted; firstly, we propose an effective method to detect illicit accounts over the Ethereum network; secondly, we provide insights about the most important features; and thirdly, we publish the compiled data set as a benchmark for future related works.

Dataset

This dataset was created by vasavi chithanuru

Released under MIT

Contents

Dataset

This dataset was created by Wei John

Released under MIT

Contents

Ethereum Market Outlook

The Ethereum market size is poised to witness substantial growth over the forecast period, with an estimated CAGR of 12.5% from 2024 to 2032. The global market size, valued at approximately $35 billion in 2023, is anticipated to reach around $110 billion by 2032. This impressive growth can be attributed to the increasing adoption of decentralized applications (dApps), the burgeoning interest in smart contracts, and the overall expansion of blockchain technology into various industries.

One of the primary growth factors driving the Ethereum market is the rising popularity and acceptance of blockchain technology across different sectors. Ethereum’s unique ability to support smart contracts and decentralized applications (dApps) has made it a preferred choice for developers and businesses alike. Additionally, the expanding decentralized finance (DeFi) ecosystem, which leverages Ethereum’s platform for creating financial products without intermediaries, is contributing significantly to market growth. The ongoing advancements in Ethereum’s network, including the much-anticipated Ethereum 2.0 upgrade, are also expected to enhance scalability, security, and sustainability, thereby attracting more users and investors.

The widespread adoption of Ethereum in the financial sector is another crucial driver for market growth. Financial institutions and fintech companies are increasingly integrating Ethereum’s blockchain to enhance transparency, reduce operational costs, and improve transaction speeds. The implementation of Ethereum in areas such as cross-border payments, trade finance, and asset tokenization is revolutionizing traditional financial systems, creating new revenue streams, and fostering innovation. Additionally, the interest in cryptocurrencies as an asset class is growing, with Ethereum being one of the most sought-after digital currencies due to its robust ecosystem and technological advancements.

Moreover, the healthcare sector is exploring Ethereum’s potential to streamline processes, ensure data integrity, and enhance patient care. Blockchain technology’s inherent characteristics of immutability and transparency make it ideal for applications such as patient data management, drug traceability, and clinical trials. The ability to create secure and tamper-proof medical records on the Ethereum blockchain can significantly reduce fraud, improve data sharing among stakeholders, and ultimately lead to better health outcomes. The ongoing digital transformation in healthcare, coupled with the need for secure data management solutions, is likely to propel the demand for Ethereum-based applications.

Regionally, North America holds a significant share of the Ethereum market, driven by the presence of major technology companies, a robust startup ecosystem, and favorable regulatory frameworks. The Asia Pacific region is also expected to witness substantial growth, fueled by increasing investments in blockchain technology, rising adoption of cryptocurrencies, and government initiatives supporting blockchain development. Europe, with its progressive approach towards digital innovation and strong emphasis on data privacy, is another prominent market for Ethereum. The Middle East & Africa and Latin America are gradually catching up, with growing interest in blockchain applications and digital finance solutions.

Component Analysis

The Ethereum market can be segmented by component into software, hardware, and services. The software segment encompasses platforms and tools that enable the development and deployment of decentralized applications (dApps) and smart contracts on the Ethereum blockchain. This segment is expected to witness significant growth due to the increasing demand for blockchain-based solutions across various industries. The proliferation of blockchain development platforms, integrated development environments (IDEs), and software development kits (SDKs) tailored for Ethereum will drive the market forward. Furthermore, ongoing innovations in blockchain technology, such as layer 2 scaling solutions and interoperability protocols, are likely to enhance the capabilities and adoption of Ethereum-based software.

The hardware segment includes computing devices and infrastructure required to support Ethereum’s blockchain operations. This includes mining rigs, nodes, and other specialized hardware for validating transactions and maintaining network security. The introduction of Ethereum 2.0, which transitions the network from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism, is expected to reduce the demand f

Dataset

This dataset was created by Pablo Garcia Carreira

Contents

The comparison between (smart contract)-based delegate contract signing and traditional delegate contract signing.

About the data.

Dataset contains 8.5M+ Ethereum block data. Ethereum is an open-source, blockchain-based, decentralized software platform used for its own cryptocurrency, ether. It enables Smart-Contracts and Distributed Applications (ĐApps) to be built and run without any downtime, fraud, control, or interference from a third party. To learn more about ethereum, visit here.

Data

Dataset contains columns such as - Block Height - Block Hash - Block created timestamp - Miner details - Block size - Block Reward - Total Transactions in that block - Gas Limit and many more.

To get the scraping script of this data, go to my github link provided below

Github

Smart Contracts Market size was valued at USD 46.84 Million in 2024 and is projected to reach USD 260.69 Million by 2031, growing at a CAGR of 26.40% during the forecast period 2024-2031.

Global Smart Contracts Market Drivers

A Rise in Blockchain Technology Adoption:Blockchain technology is becoming more and more popular in a variety of industries because to its efficiency, security, and transparency. Smart contracts play a key role in this. One of the main factors driving the market’s expansion is the emergence of blockchain platforms like Ethereum, which make smart contract execution easier.

Growing Need for Automation: To cut expenses and boost productivity, organizations are trying to automate and simplify procedures. By doing away with the need for middlemen, smart contracts automate and expedite transactions while cutting costs and minimizing errors.

Strengthened Security and Decreased Fraud: Compared to regular contracts, smart contracts offer increased security through cryptographic techniques, making them less vulnerable to fraud and manipulation. Industries that handle sensitive data and transactions find this security feature to be quite enticing.

Increasing Adoption in the Financial Sector: Smart contracts are being used more and more in the financial services industry, which includes asset management, insurance, and banking, for tasks including trade financing, processing claims, and automated payments. The market is being driven greatly by the widespread adoption of this industry.

Support from the Government and Regulations: Certain governmental and regulatory entities are acknowledging the possibilities of blockchain technology and smart contracts, offering assistance through advantageous policies and experimental initiatives. The expansion of smart contract adoption and implementation is encouraged by this regulatory backing.

Context

The Ethereum blockchain gives a revolutionary way of decentralized applications and provides its own cryptocurrency. Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middle man or counterparty risk.

Content

What you may see in the CSVs are just numbers, but there is more to this. Numbers make machine learning easy. I've labeled each column, the first in all of them is the day; it may look weird but it makes sense if you look closely.

Note:

TIMESTAMP FORMAT

How to convert timestamp in python:

import datetime as dt
# The (would-be) timestamp value is below
timestamp = 1339521878.04 
# Technechly you would iterate through and change them all if you were graphing
timeValue = dt.datetime.fromtimestamp(timestamp)
#Year, month, day, hour, minute, second
print(timeValue.strftime('%Y-%m-%d %H:%M:%S'))

Acknowledgements

MR. Vitalik Buterin. co-founder of Ethereum and as a co-founder of Bitcoin Magazine.

Hit a brother up

0x767e8b211f70c5b8b4caa38c2efe05bf8eac0da7

Will be updating every month with new Ethereum history!

Snapshot img

Crypto Wallet Market Size 2024-2028

The crypto wallet market size is forecast to increase by USD 474 million and is estimated to grow at a CAGR of 18.55% between 2023 and 2028. Cryptocurrencies, such as Bitcoin and Ethereum, have gained significant attention and inclination from individuals and businesses worldwide. The increasing demand for digital currencies is driven by their decentralized nature, providing greater financial autonomy and security. Cryptocurrencies operate on blockchain technology, ensuring transparency and security in transactions. Their usage extends beyond peer-to-peer transactions, with numerous businesses accepting them as a form of payment. The benefits of using cryptocurrencies include faster and cheaper international transactions, increased privacy, and potential for higher returns on investment. As awareness and adoption continue to grow, cryptocurrencies are poised to disrupt traditional financial systems and transform the global economy.

What will be the Size of the Market During the Forecast Period?

For More Highlights About this Report, Request Free Sample

Market Dynamic and Customer Landscape

Crypto wallets have become an essential component of the rapidly expanding world of cryptocurrencies. These digital wallets provide secure storage options for individual investors and institutional players to manage their virtual currencies, such as Bitcoin, Ethereum, Tether, and others. With the increasing popularity of decentralized finance ecosystems, smart contracts, and Non-Fungible Tokens (NFTs), the demand for reliable crypto wallets has surged. Crypto wallets come in various forms, including paper wallets, software wallets, web wallets, mobile wallets, desktop wallets, and digital wallets. Each type offers unique advantages and caters to different user preferences. For instance, paper wallets provide an offline storage solution, while software wallets offer more control and flexibility. However, themarket faces challenges such as cybersecurity threats, money laundering, and fraud. Hackers continue to target wallets, putting users' confidential keys and funds at risk. Political issues and economic slumps can also impact the market. Despite these challenges, the market for crypto wallets is expected to grow as digital payment options become more mainstream and virtual currencies gain wider acceptance. Private keys and public addresses are essential components of crypto wallets, allowing users to send and receive digital currencies securely. Confidential keys must be kept safe to prevent unauthorized access, making cybersecurity a top priority for wallet providers. Overall, crypto wallets play a crucial role in the future of digital currencies and the decentralized finance ecosystem. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

Peoples inclination towards digital currency is notably driving market growth. The blockchain system underpinning cryptocurrencies has given rise to a new generation of digital payment solutions, including crypto vaults and wallets. These wallets facilitate the secure storage and transfer of virtual currencies, offering numerous benefits such as faster, more affordable transactions, increased e-commerce opportunities, and enhanced monetary flows in underbanked regions.

Moreover, cryptocurrencies, like Bitcoin, hold immense potential to revolutionize the global financial landscape. Digital currencies minimize settlement risk in the financial system by eliminating the need for interbank settlements. Thus, such factors are driving the growth of the market during the forecast period.

Significant Market Trends

Increasing availability of crypto wallets is the key trend in the market. Cryptocurrency wallets, also known as crypto vaults, have gained significant popularity as digital payment options in today's economy. With the increasing acceptance of virtual currencies as legitimate financial instruments, the use of cryptocurrency wallets has become essential for individuals and businesses. These wallets operate on blockchain technology, ensuring secure and transparent transactions.

However, with the increasing adoption of cryptocurrencies comes the risk of hacking and political issues. Therefore, it is crucial to choose a reliable and secure crypto wallet. Some popular options include Coinbase Wallet, Electrum Bitcoin Wallet, Mycelium Bitcoin Wallet, Exodus Wallet, and MetaMask Wallet. These wallets enable users to manage their digital currencies efficiently, facilitating transactions for merchant acceptance and remittance applications. Thus, such trends will shape the growth of the market during the forecast period.

Major Market Challenge

Misuse and security attacks confine adoption of cryptocurrenc

If you reach this DATASET, please UPVOTE this dataset to show your appreciation

Ethereum (ETH) is a smart contract platform that enables developers to build decentralized applications (DAPs) conceptualized in Vitalik Buterin 2013. ETH is the local currency of the Ethereum platform and also serves as a transaction fee for miners in the Ethereum network.

Ethereum is the pioneer of blockchain-based smart contracts. Smart contract becomes a self-operating computer program when running on the blockchain, which automatically executes when certain conditions are met. On the blockchain, smart contracts allow the code to be programmed without the possibility of useless time, censorship, fraud or third party interference. It facilitates the conversion of money, content, property, shares or anything valuable. Ethereum Network went live on July 30, 2015 with 72 million Ethereum Premium.

https://www.googleapis.com/download/storage/v1/b/kaggle-user-content/o/inbox%2F2533028%2F776eb982d1ce67447534edb8325b5540%2FOpera%20Snapshot_2020-04-16_121111_coinmarketcap.com.png?generation=1587019388673274&alt=media" alt="">

• Previous Close 152.355
• Open 152.355
• All Time High $1,432.88 USD (Jan 13, 2018)
• 52 Week Range 150.454 - 155.033
• Start Date 2015-08-07
• Algorithm PoW
• Market Cap 17.13B
• Circulating Supply 109,303,536 ETH
• Max Supply NA
• Volume 14,770,172,928
• Volume (24hr) 14.73B

I encourage you to use this Dataset to start your own projects. If you do, please cite the Dataset: author = {Prasoon Kottarathil}, title = {Ethereum Historical Dataset}, year = {2020}, publisher = {kaggle}, journal = {Kaggle Dataset}, how published = {\url{https://www.kaggle.com/prasoonkottarathil/ethereum-historical-dataset}}

Blockchain Finance Market Outlook

The global blockchain finance market size is projected to experience significant growth, with an estimated value of USD 13 billion in 2023 and a forecasted value of USD 161 billion by 2032, at a compounded annual growth rate (CAGR) of 31.2%. This impressive growth can be attributed to the increasing demand for secure and transparent financial transactions, along with the rising adoption of blockchain technology by financial institutions and other key players in the market. Key growth drivers include the growing interest in decentralized finance (DeFi), enhanced regulatory clarity, and the expanding use of blockchain in various financial applications such as payments, exchanges, and smart contracts.

One of the major growth factors for the blockchain finance market is the increasing demand for secure and transparent transactions. Blockchain technology provides a decentralized and tamper-proof ledger system, which ensures the integrity and security of financial transactions. This is particularly important in the current digital age, where cyber threats and data breaches are on the rise. As a result, financial institutions and businesses are increasingly adopting blockchain technology to enhance security, reduce fraud, and build trust with their customers.

Another key driver of market growth is the rising interest in decentralized finance (DeFi). DeFi leverages blockchain technology to create an open and permissionless financial ecosystem, allowing users to access financial services without relying on traditional intermediaries such as banks. This has led to the development of various DeFi applications, including lending platforms, decentralized exchanges, and yield farming protocols. The growing popularity of DeFi is expected to drive the adoption of blockchain technology in the finance sector, further propelling the market's growth.

Enhanced regulatory clarity is also playing a crucial role in the growth of the blockchain finance market. Governments and regulatory bodies worldwide are increasingly recognizing the potential benefits of blockchain technology and are working towards creating a supportive regulatory environment. This includes the development of clear guidelines and frameworks for the use of blockchain in finance, which helps reduce uncertainties and encourages more businesses to adopt the technology. As regulatory frameworks continue to evolve, the blockchain finance market is expected to witness further growth.

From a regional perspective, North America is expected to dominate the blockchain finance market, owing to the presence of major financial institutions and blockchain technology providers in the region. Additionally, the region's strong regulatory framework and supportive government initiatives are likely to drive market growth. Europe is also expected to witness significant growth, driven by the increasing adoption of blockchain technology by financial institutions and businesses. The Asia Pacific region is expected to experience the highest growth rate, fueled by the rapid digitalization of economies and the growing interest in blockchain technology among businesses and governments.

Component Analysis

The blockchain finance market is segmented by component into platform and services. The platform segment includes various blockchain protocols and infrastructures that facilitate the development and deployment of blockchain-based financial applications. These platforms provide the foundational technology needed to create secure and transparent financial systems. The increasing demand for robust and scalable blockchain platforms is driving the growth of this segment. Major blockchain platforms such as Ethereum, Hyperledger, and Corda are gaining traction among financial institutions and businesses, contributing to the overall growth of the market.

Within the platform segment, Ethereum has emerged as a dominant player due to its versatile smart contract capabilities and wide range of decentralized applications (dApps). Ethereum's ability to facilitate complex financial transactions and automate processes through smart contracts has made it a popular choice among developers and businesses. Additionally, the ongoing development of Ethereum 2.0, which aims to improve scalability and security, is expected to further boost the adoption of Ethereum in the finance sector.

The services segment, on the other hand, encompasses a wide range of offerings, including consulting, implementation, and support services. These services are crucial for businesses looking to adop

Market Overview:

South East Asia cryptocurrency market size is projected to exhibit a growth rate (CAGR) of 8.95% during 2024-2032. The inflating need for alternative form of currency and investment, along with the growing popularity of digital assets, is primarily driving the market growth across the country.

Report Attribute	Key Statistics
Base Year	2023
Forecast Years	2024-2032
Historical Years	2018-2023
Market Growth Rate (2024-2032)	8.95%

Cryptocurrency is a form of digital or virtual currency that utilizes cryptography to ensure security. In contrast to conventional currencies issued by governments and central banks, it operates on decentralized networks using blockchain technology. The key features of cryptocurrency include enhanced security and dependability in transactions, guaranteeing transparency and mitigating the risk of double spending. Notably, it facilitates quicker and more cost-effective cross-border transactions, minimizing the need for intermediaries. The adoption of cryptocurrency is driven by its ability to offer financial services to populations without access to traditional banking systems. It addresses the needs of the unbanked, providing them with financial inclusion opportunities.

South East Asia Cryptocurrency Market Trends:

The South East Asia cryptocurrency market is emerging as a dynamic and transformative sector, reflecting the region's receptiveness to innovative financial technologies. Comprising countries such as Singapore, Malaysia, Thailand, Indonesia, Vietnam, and the Philippines, South East Asia has witnessed a notable surge in cryptocurrency adoption and blockchain technology. Additionally, governments and regulatory bodies in South East Asia have taken diverse approaches, with some embracing and regulating the industry, while others remain cautious. Besides this, the South East Asia cryptocurrency market is characterized by a growing awareness of the advantages offered by digital currencies. Moreover, the blockchain technology that underpins these currencies ensures immutability, reducing the risk of fraud and enhancing overall security, thereby acting as another significant growth-inducing factor. One significant impact of cryptocurrency in South East Asia is its potential to facilitate cross-border transactions. With a diverse population and a robust regional economy, the need for efficient and cost-effective remittance solutions has fueled the adoption of cryptocurrencies. This is particularly beneficial in a region where a substantial portion of the population remains unbanked or underbanked. Furthermore, collaborations between industry players, regulators, and financial institutions will play a crucial role in shaping its trajectory and ensuring a secure and sustainable ecosystem for digital currencies in the region. This, in turn, is expected to fuel the South East Asia cryptocurrency market in the coming years.

South East Asia Cryptocurrency Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional and country levels for 2024-2032. Our report has categorized the market based on component, type, process, and application.

Component Insights:

https://www.imarcgroup.com/CKEditor/4a2fa536-cb86-48be-afc3-9d34a70b065aother-regions1.webp" style="height:450px; width:800px" />

• Hardware
• Software
  

The report has provided a detailed breakup and analysis of the market based on the component. This includes hardware and software.

Type Insights:

• Bitcoin
• Ethereum
• Bitcoin Cash
• Ripple
• Litecoin
• Dashcoin
• Others
  

A detailed breakup and analysis of the market based on the type have also been provided in the report. This includes bitcoin, ethereum, bitcoin cash, ripple, litecoin, dashcoin, and others.

Process Insights:

• Mining
• Transaction
  

The report has provided a detailed breakup and analysis of the market based on the process. This includes mining and transaction.

Application Insights:

• Trading
• Remittance
• Payment
• Others
  

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes trading, remittance, payment, and others.

Country Insights:

https://www.imarcgroup.com/CKEditor/60cc9939-c166-4101-ae00-ba7196e5b537other-regions20.webp" style="height:450px; width:800px" />

• Indonesia
• Thailand
• Singapore
• Philippines
• Vietnam
• Malaysia
• Others
  

The report has also provided a comprehensive analysis of all the major regional markets, which include Indonesia, Thailand, Singapore, Philippines, Vietnam, Malaysia, and Others.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

South East Asia Cryptocurrency Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Million
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Component Type Process Application Country
Components Covered	Hardware, Software
Types Covered	Bitcoin, Ethereum, Bitcoin Cash, Ripple, Litecoin, Dashcoin, Others
Processes Covered	Mining, Transaction
Applications Covered	Trading, Remittance, Payment, Others
Countries Covered	Indonesia, Thailand, Singapore, Philippines, Vietnam, Malaysia, Others
Customization Scope	10% Free Customization
Report Price

Blockchain Solution Market Outlook

The global blockchain solution market size is anticipated to grow from USD 5.8 billion in 2023 to USD 84.1 billion by 2032, reflecting an impressive CAGR of 35.2% during the forecast period. This explosive growth is driven by the increasing adoption of blockchain technology across various industries due to its ability to provide enhanced security, transparency, and efficiency.

One of the primary growth factors contributing to the expansion of the blockchain solution market is the rising demand for secure and transparent digital transactions. Blockchain technology's decentralization ensures that no single entity has control over the entire data chain, significantly reducing the risk of fraud and cyberattacks. This makes blockchain an ideal solution for financial institutions, government bodies, and healthcare providers who manage sensitive information and require robust security measures. Moreover, the increasing popularity of cryptocurrencies like Bitcoin and Ethereum has also fueled the adoption of blockchain solutions, as these digital currencies rely on blockchain technology to function.

Another significant growth driver is the growing implementation of blockchain technology in supply chain management. Companies are increasingly leveraging blockchain to enhance the traceability and transparency of their supply chains, which helps in mitigating risks related to counterfeiting and fraud. By providing an immutable record of transactions, blockchain enables businesses to track the entire lifecycle of a product, ensuring authenticity and reducing the chances of fraud. Furthermore, blockchain's potential to streamline and automate processes such as inventory management and logistics is attracting significant interest from industries like retail, manufacturing, and logistics.

Additionally, the rise of smart contracts is another factor propelling the growth of the blockchain solution market. Smart contracts are self-executing contracts with the terms of the agreement directly written into code. These contracts automatically execute and enforce the terms without the need for intermediaries, reducing the chances of disputes and errors. Industries such as real estate, insurance, and legal services are increasingly adopting smart contracts to facilitate faster, more secure, and cost-effective transactions. The ability of smart contracts to provide transparency, reduce costs, and improve efficiency is driving their widespread adoption across various sectors.

On the regional front, North America is expected to dominate the blockchain solution market during the forecast period, owing to early adoption of blockchain technology and the presence of major blockchain solution providers in the region. The United States, in particular, has been a frontrunner in the adoption of blockchain technology, with numerous startups and established companies investing heavily in blockchain research and development. Additionally, favorable regulations and government initiatives aimed at promoting the use of blockchain technology further support the market's growth in the region. Europe and the Asia Pacific are also expected to witness significant growth, driven by increasing investments in blockchain technology and growing awareness of its benefits across various industries.

Component Analysis

The blockchain solution market is segmented by component into platform and services. The platform segment is expected to hold a significant share of the market due to the increasing demand for blockchain platforms that provide the infrastructure and tools needed to build and deploy blockchain applications. These platforms offer a range of functionalities such as consensus algorithms, data storage, and smart contract capabilities, making it easier for businesses to develop and implement blockchain solutions. Major players in this segment include Ethereum, Hyperledger, and Corda, which offer robust and scalable blockchain platforms that cater to a wide range of industries.

On the other hand, the services segment is also poised for significant growth, driven by the increasing demand for consulting, implementation, and maintenance services. As businesses recognize the potential of blockchain technology, they are seeking expert guidance to help them navigate the complexities of blockchain implementation. This includes services such as feasibility studies, blockchain strategy development, and pilot project ex

Blockchain Software Market size was valued at USD 6.9 Billion in 2023 and is projected to reach USD 63 Billion by 2031, growing at a CAGR of 58% from 2024 to 2031.

Blockchain Software Market Dynamics

The key market dynamics that are shaping the global Blockchain Software Market include:

Key Market Drivers:

Enhanced Transparency and Security: By supplying a decentralised ledger that logs transactions over a network of computers, blockchain software increases transparency and security. Participants across a range of businesses have more trust as a result of this openness, which lowers the chance of fraud.

Efficiency and Cost Savings: Peer-to-peer transactions without the need for middlemen are made possible by blockchain software, which speeds up transaction settlement and reduces transaction costs. This efficiency may lower operating costs and streamline procedures in sectors including supply chain management, healthcare, and finance.

Growing Adoption of Cryptocurrencies: The need for blockchain software solutions that facilitate cryptocurrency transactions and digital asset management has been fuelled by the growing popularity of cryptocurrencies like Bitcoin and Ethereum. Because of this development, blockchain technology now has applications outside of finance.

Key Challenges:

Scalability Problems: Due to restrictions on consensus procedures and transaction throughput, blockchain networks frequently experience scalability problems. These problems are most evident in public blockchains. Blockchain software may not be widely used in sectors like banking and e-commerce that demand high transaction volumes and low latency due to scalability concerns.

Regulatory Uncertainties: Blockchain software providers and consumers face difficulties due to the regulatory uncertainties around blockchain technology and cryptocurrencies. Businesses may be discouraged from using blockchain technologies if there are unclear rules and inadequate compliance frameworks, especially in regulated industries where adherence to current laws and regulations is crucial.

Key Opportunities:

Supply Chain Management: The transparency, traceability, and immutability of transactions provided by blockchain technology present substantial prospects for enhancing supply chain management. Throughout the supply chain, items may be tracked and authenticated using blockchain software, which lowers the risk of counterfeiting, maintains quality control, and streamlines logistical procedures.

Financial Services: By allowing safe and transparent transactions, cutting transaction costs, and eliminating fraud, blockchain software offers prospects for innovation in the financial services sector. Applications that have the potential to upend established banking and financial institutions include remittances, smart contracts, cross-border payments, and decentralised finance (DeFi) platforms.

Ethereum price dataset

If you reach this DATASET, please UPVOTE this dataset to show your appreciation

Ethereum (ETH) is a smart contract platform that enables developers to build decentralized applications (DAPs) conceptualized in Vitalik Buterin 2013. ETH is the local currency of the Ethereum platform and also serves as a transaction fee for miners in the Ethereum network.

Ethereum is the pioneer of blockchain-based smart contracts. Smart contract becomes a self-operating computer program when running on the blockchain, which automatically executes when certain conditions are met. On the blockchain, smart contracts allow the code to be programmed without the possibility of useless time, censorship, fraud or third party interference. It facilitates the conversion of money, content, property, shares or anything valuable. Ethereum Network went live on July 30, 2015 with 72 million Ethereum Premium.

Column descriptors

1. Date - As on Date of the price information
2. Price - Shows the current price in INR as on date.
3. Open - Opening price of the day's trading session.
4. High - Highest price of the day's trading session.
5. Low -Lowest price of the day's trading session.
6. Close - Closing price of the day's trading session.
7. Volume - Volume of the crypto token as on date.
8. % change - change in the price percentage during the day.

Data insights

This is the price trend extracted from the internet through web scraping for the period of 10 March 2016 to 12 May 2021.

Inspiration

Predicting the price and the trend in short, medium and long term has been very tricky lately due to lack of historical data and analysis, and the failure of traditional fundamental and technical analysis techniques on cryptocurrencies.

Challenge

I challenge the data scientists and machine learning experts to take up this challenge using this dataset. I would be shortly adding data for other booming cryptocurrencies shortly.

Market Overview:

India blockchain gaming market size is projected to exhibit a growth rate (CAGR) of 52.30% during 2024-2032. The inflating need for security and transparency, which directly address concerns prevalent in traditional gaming, is primarily driving the market growth.

Report Attribute	Key Statistics
Base Year	2023
Forecast Years	2024-2032
Historical Years	2018-2023
Market Growth Rate (2024-2032)	52.30%

Blockchain gaming operates on a decentralized ledger, ensuring transparency, security, and the permanence of in-game transactions and assets. In contrast to traditional gaming structures where authority and ownership are centralized, it grants players authentic ownership of in-game items and assets, providing them the unprecedented ability to buy, sell, and trade with greater autonomy. This approach effectively addresses issues related to cheating and fraud, as the decentralized nature of blockchain prevents unauthorized alterations. The merits of blockchain gaming extend to heightened security, the verifiable scarcity of virtual items, and the potential for play-to-earn models, enabling players to generate tangible value through their in-game activities. The three primary categories of blockchain gaming include collectible games, play-to-earn games, and interoperable games.

India Blockchain Gaming Market Trends:

The India blockchain gaming market has emerged as a dynamic and innovative sector, reflecting the country's growing interest in both gaming and blockchain technology. Additionally, unlike traditional gaming models where central entities hold control and ownership, blockchain gaming empowers players with true ownership of in-game items, enabling them to buy, sell, and trade autonomously. Besides this, the decentralized nature of blockchain gaming is a significant boon, effectively mitigating issues related to cheating and fraud that can plague traditional gaming setups. It is accomplished by preventing unauthorized modifications due to the immutable nature of blockchain technology. Moreover, the advantages of blockchain gaming in India encompass heightened security, verifiable scarcity of virtual items, and the innovative potential for play-to-earn models. In play-to-earn setups, players have the opportunity to generate real-world value through their in-game efforts, creating a novel gaming experience, thereby acting as another significant growth-inducing factor. Apart from this, as the gaming and blockchain landscapes continue to evolve, the India blockchain gaming market is poised for further growth, presenting exciting possibilities for both developers and players in this dynamic intersection of technology and entertainment.

India Blockchain Gaming Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on game type and platform.

Game Type Insights:

https://www.imarcgroup.com/CKEditor/ab267f99-5c3e-483c-9f17-cd0a64f73517other-regions3.webp" style="height:450px; width:800px" />

• Role Playing Games
• Open World Games
• Collectible Games
  

The report has provided a detailed breakup and analysis of the market based on the game type. This includes role playing games, open world games, and collectible games.

Platform Insights:

• ETH
• BNB Chain
• Polygon
  

A detailed breakup and analysis of the market based on the platform have also been provided in the report. This includes ETH, BNB chain, and polygon.

Regional Insights:

https://www.imarcgroup.com/CKEditor/c6244571-91f7-4070-8ad4-df5441fc8a05other-regions12.webp" style="height:450px; width:800px" />

• North India
• West and Central India
• South India
• East and Northeast India
  

The report has also provided a comprehensive analysis of all the major regional markets, which include North India, West and Central India, South India, and East and Northeast India.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

India Blockchain Gaming Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Million
Scope of the Report	Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment: Game Type Platform Region
Game Types Covered	Role Playing Games, Open World Games, Collectible Games
Platforms Covered	ETH, BNB Chain, Polygon
Regions Covered	North India, West and Central India, South India, East and Northeast India
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

• How has the India blockchain gaming market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the India blockchain gaming market?
• What is the breakup of the India blockchain gaming market on the basis of game type?
• What is the breakup of the India blockchain gaming market on the basis of platform?
• What are the various stages in the value chain of the India blockchain gaming market?
• What are the key driving factors and challenges in the India blockchain gaming?
• What is the structure of the India blockchain gaming market and who are the key players?
• What is the degree of competition in the India blockchain gaming market?

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market

Cryptocurrency Market Outlook

The global cryptocurrency market size was valued at USD 1.5 trillion in 2023 and is expected to reach USD 8.8 trillion by 2032, growing at a CAGR of 21.5% during the forecast period. The rapid growth of the market can be attributed to increasing acceptance and awareness of cryptocurrencies, advancements in blockchain technology, and the growing need for secure and efficient digital payment systems. As these factors converge, they create a fertile ground for exponential growth in the market, fostering innovations and broader adoption across various sectors.

One of the primary growth factors for the cryptocurrency market is the increasing acceptance and mainstream adoption of digital currencies. Major financial institutions, corporations, and even governments are beginning to recognize the potential benefits of cryptocurrencies. For instance, companies like Tesla and Square have made significant investments in Bitcoin, signaling their confidence in the future of digital currencies. Furthermore, countries such as El Salvador have adopted Bitcoin as legal tender, which underscores the growing legitimacy and acceptance of cryptocurrencies on a global scale.

Another critical factor driving the growth of the cryptocurrency market is the advancement in blockchain technology. Blockchain, the underlying technology behind cryptocurrencies, offers a secure, transparent, and decentralized method of recording transactions. This technology is not only revolutionizing the financial industry but also has applications across various sectors, including healthcare, supply chain management, and voting systems. As blockchain technology continues to develop and mature, it is likely to drive further innovation and adoption of cryptocurrencies, thereby contributing to market growth.

The growing need for secure and efficient digital payment systems is also a significant driver for the cryptocurrency market. Traditional payment methods, such as credit cards and bank transfers, can be slow, expensive, and prone to fraud. In contrast, cryptocurrencies offer a faster, cheaper, and more secure alternative. For example, cross-border remittances can be completed within minutes and at a fraction of the cost when using cryptocurrencies. As businesses and consumers increasingly seek more efficient payment solutions, the demand for cryptocurrencies is expected to rise, fueling market growth.

The regional outlook for the cryptocurrency market reveals significant growth potential across various regions. North America, particularly the United States, is expected to maintain its dominance in the market due to the presence of major cryptocurrency companies, a supportive regulatory environment, and widespread adoption. Meanwhile, the Asia Pacific region is anticipated to experience the highest growth rate, driven by increasing investments in blockchain technology, favorable government policies, and the rising popularity of digital currencies in countries like China, Japan, and South Korea. Europe and Latin America are also expected to witness substantial growth, supported by growing awareness and adoption of cryptocurrencies.

Type Analysis

The cryptocurrency market by type includes Bitcoin, Ethereum, Ripple, Litecoin, and others. Bitcoin, being the first and most well-known cryptocurrency, continues to dominate the market. Its widespread recognition and acceptance have solidified its position as the leading digital currency. Bitcoin's decentralized nature and deflationary monetary policy make it an attractive store of value, often referred to as "digital gold." Despite market volatility, Bitcoin's market capitalization remains significantly higher than other cryptocurrencies, and it is often seen as the benchmark for the industry.

Ethereum, the second-largest cryptocurrency by market capitalization, has carved out its niche by offering a versatile platform for decentralized applications (dApps) and smart contracts. Unlike Bitcoin, which primarily serves as a digital currency, Ethereum's blockchain allows for the creation and execution of decentralized applications. This flexibility has attracted a wide range of developers and businesses, leading to a robust ecosystem of dApps, decentralized finance (DeFi) projects, and non-fungible tokens (NFTs). Ethereum's continuous development and upcoming upgrades, such as Ethereum 2.0, are expected to further enhance its scalability and security, driving its growth in the market.

Ripple, known for its real-time gross settlement system, currency exchange, and remittanc

Report Overview

The Global FinTech Blockchain Market size is expected to be worth around USD 325.6 Billion by 2033, from USD 7.2 Billion in 2023, growing at a CAGR of 46.4% during the forecast period from 2024 to 2033.

The FinTech Blockchain Market refers to the segment of the financial technology industry that utilizes blockchain technology to improve and innovate financial services. Blockchain offers a decentralized, secure, and transparent way to conduct transactions, store data, and manage digital assets. This market includes applications such as cryptocurrency trading, cross-border payments, smart contracts, and decentralized finance (DeFi).

The market is driven by the need for more efficient, cost-effective, and secure financial solutions. Blockchain’s potential to reduce fraud, enhance transparency, and streamline operations is attracting significant interest from financial institutions, startups, and regulators. The market’s growth is further fueled by the rising adoption of cryptocurrencies and the increasing demand for digital transformation in finance.

https://market.us/wp-content/uploads/2024/09/FinTech-Blockchain-Market-By-Size.jpg" alt="FinTech Blockchain Market By Size" width="785" height="465">

The FinTech blockchain market is rapidly evolving, driven by the growing adoption of decentralized finance (DeFi) and the increasing importance of blockchain technology in global financial systems. In the United States, regulatory bodies such as the Federal Reserve and the Securities and Exchange Commission (SEC) are playing a crucial role in overseeing blockchain-related activities, particularly in the DeFi space.

The U.S. Infrastructure Investment and Jobs Act of 2021, which mandates reporting cryptocurrency transactions over $10,000 to the IRS, underscores the government’s focus on increasing transparency and combating illicit activities within DeFi.

DeFi has seen explosive growth, with the total value locked (TVL) in DeFi platforms surpassing $45 billion as of 2023, up from just $10 billion in mid-2020. Leading platforms like Aave, Compound, and Uniswap are driving this expansion, reflecting the rapid adoption of DeFi protocols.

These platforms facilitate peer-to-peer financial transactions without intermediaries, offering users greater control over their assets but also posing unique regulatory challenges, particularly around money laundering and the lack of Know-Your-Customer (KYC) protocols.

Cryptocurrencies play a central role in the FinTech blockchain ecosystem, with Bitcoin processing approximately 300,000 transactions per day as of 2024. Ethereum, which is the backbone for most DeFi applications, handles around 1 million transactions daily. The high volume of transactions on these platforms highlights their growing significance in the global financial landscape, as more users and institutions turn to blockchain for efficient, secure financial services.

Cross-border payments are another area where blockchain technology is making a significant impact. Traditional banking systems can take several days to process international transactions, but blockchain-based solutions like Ripple are changing the game by facilitating transactions in under 5 seconds. Ripple’s technology is now used by over 300 financial institutions across 40 countries, demonstrating its effectiveness in reducing transaction times and costs.

The FinTech blockchain market is positioned for continued growth, driven by the expanding DeFi ecosystem, increasing transaction volumes in cryptocurrencies, and the transformative potential of blockchain in cross-border payments. As regulatory frameworks evolve, businesses and financial institutions that leverage blockchain technology will be better equipped to navigate the complexities of the modern financial system while capitalizing on new opportunities for innovation and efficiency.