Proof Point
University of Cambridge found highest average cryptocurrency transactions came from B2B payments
Global Average Cryptocurrency Transactional Value
2017 (US$)
| Note: | Data from University of Cambridge’s Global Cryptocurrency Benchmarking Study of 144 cryptocurrency organizations and individual miners across 38 countries |
Proof Point Findings
- Cryptocurrency – Digital or virtual currency that uses cryptography to regulate generation and verify transfer, independent from any central bank
- Business Payments – Highest cryptocurrency transactions exchanged between businesses, with average $1,878 in 2017
- Consumer Transfers – Consumer transactions considerably lower than B2B, with peer-to-peer transfers averaging $351 and consumer payments at $210
- Key Growth Drivers – Include proliferation of cryptocurrencies and related service providers, growing number of merchants and businesses accepting cryptocurrencies, and increasing public and company interest in traditional currency alternatives
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Accelerator |
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Market Disruption |
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Sector |
Cross-sector, Financial Services
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Source |
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Date Last Updated |
September 5, 2017
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