The report shows that the market size of the Japanese blockchain service market is expected to reach 17.15 billion yen in 2019.

According to Japanese media meiYano, on May 22, Japan’s Yano Economic Research Institute released a research report saying that it is expected to conduct an investigation into Japan’s domestic blockchain service market and analyze the status quo, industry trends and future prospects. It is expected that Japan will be in 2019. The blockchain service market will reach 17.15 billion yen, and by 2022, the market will further expand to 123.59 billion yen.