Global Cryptocurrency Wallet Provider Format Offered

Global Cryptocurrency Wallet Provider Format Offered

Proof Point

Smartphone application most widely offered format by cryptocurrency wallet providers in University of Cambridge study

Global Cryptocurrency Wallet Provider Format Offered

2017 (percentage)

Note: Data from University of Cambridge’s Global Cryptocurrency Benchmarking Study of 144 cryptocurrency organizations and individual miners across 38 countries, including 26 wallet providers

Proof Point Findings

  • Wallet App Provider – Volunteer project or company providing cryptocurrency wallet where users can store keys and display value associated with them, available in different formats such as mobile, tablet, desktop or software-based, web or cloud-based, and hardware wallet or mini electronic devices
  • Mobile Wallet App ­– 65% of wallet provider respondents offers services through mobile app, while less than half offer in other formats, such as through desktop (42%), web (38%), tablet (31%) and hardware (23%)
  • Key Growth Drivers – Include proliferation of cryptocurrencies and related service providers, growing number of businesses accepting cryptocurrencies, increasing public interest in traditional currency alternatives, and rising concern for privacy and security of cryptocurrency savings and accounts

Accelerator

Market Disruption

Sector

Cross-sector, Financial Services

Source

Date Last Updated

September 11, 2017

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