Blockchain: Strategic Intelligence
Powered by ![]()
All the vital news, analysis, and commentary curated by our industry experts.
Expectations for blockchain adoption and its utility have significantly diminished now that the hype around the technology, which flourished between 2017 and 2020, has died down. The era of peak Web3 enthusiasm envisaged the decentralization of many applications, ranging from social media to finance, all operating on distributed ledgers (blockchains). However, this broad adoption did not materialize, and many early initiatives failed. The reality was that many issues and challenges in the enterprise market could be addressed more easily with existing technologies than with blockchain.
Scope
This report provides an overview of the blockchain theme.
It identifies the key trends impacting the growth of the theme over the next 12 to 24 months, split into three categories: technology trends, macroeconomic trends, and regulatory trends.
The detailed value chain comprises four layers: the infrastructure layer, the software layer, the application layer, and the services layer. Leading and challenging vendors are identified across each of these layers.
Key Highlights
Cryptocurrencies remain the most prominent use case for blockchain and the only area where it has successfully scaled; crypto can today be classified as a mid-sized alternative asset class that is here to stay. Beyond cryptocurrencies, there are a few examples of scaled blockchain applications in the consumer market. The non-fungible token (NFT) craze peaked around 2021, and we remain firmly in the NFT winter. As the prices of many NFT collectibles continue to fall and trading volumes dry up, the key question is whether we are seeing the end of NFTs as a meaningful asset class.
The most promising area for future blockchain adoption is finance, especially around the tokenization of financial assets and, potentially, the growth of central bank digital currencies (CBDCs), though in the latter case, these do not need to use blockchain to record transactions. While many global banks support tokenization across a range of financial assets, progress over recent years has been slow, and the ability of many of these applications to scale remains uncertain.
Reasons to Buy
The adoption of blockchain has lagged behind that of other emerging technologies. The reason is that few understand blockchain. This report addresses that issue, providing a detailed, yet easy-to-follow overview of the technology that highlights its key characteristics and describes how blockchain works.
Our comprehensive value chain includes details of the leading players in areas like blockchain services, helping companies decide which vendors they should partner with on blockchain implementation projects.
Accton
Achronix
Adata
Adidas
Advanced New Technology
Aergo
AION
Alchemy
Algorand
Alibaba
Alphabet (Google)
Amazon
Amber
AMD
Animoca Brands
Ankr
Ant Group
AON
API3
Arista
Astar
Atos
Aura Blockchain Consortium
Auradine
Australian Open
Ava Labs (Avalanche)
Avado
Aventus
Axoni
Aztec
Baidu
Bakkt
Band Protocol
BHP Billion
BigChainDB
Binance
Bitcoin
Bitcoin Depot
BitcoinCash
BitDeer
BitGo
BlackRock
Block.One
Blockchain
BlockCypher
Blockdeamon
BlockNet
BlockPass
Blockpit
BNY Mellon
Boba
Broadcom
Broadridge
Buffalo
Bullish
Canton Network
Capgemini
Cardano
CargoX
Carrefour
Celer
Chainlink
ChainReaction
Chainstack
Chainyard
Chiliz
Chronicled
Ciena
Cipher Mining
Circle
Cisco
Citi
Civic
Clarins
Coinbase
CoinGecko
Commerzbank
ConsenSys
Core Scientific
Covalent
Crypto.com
DAppNode
De Beers
Dell
Deloitte
Deutche Börse Group
Dfinity
Diesel
Diginez
Dogecoin
DragonChain
DTCC
Energy Web Foundation
Enigma
Ericsson
Ethereum Enterprise Alliance
Ethereum Foundation
Extreme Networks
EY
Fantom
Filecoin
Financial Services Blockchain Consortium Shenzhen (FISCO)
Fireblocks
Flare
Flow
Fnality
Formula 1
Forte Labs
Franklin Templeton
Fuel
Fujitsu
Genesis Digital Assets
GetBlock
Global Shipping Business Network (GSBN)
Goldman Sachs
HCLTech
Hedera Hashgraph
Hetzner
Hewlett Packard Enterprise
Hitachi
HSBC
Huawei
Hut8
Hyperledger Foundation
IBM
ICBC
ICON
Immutable
Infosys
Injective Labs
Insupr
Intel
Interchain Foundation (Cosmos)
JPMorgan Chase
Juniper Networks
Kadena
Kaleido
Kava
Kayak
Keep
Kilt Networks
Kingston
Klatyn
Komgo
KPMG
Kraken
L1D
Lattice
Layer Zero
Ledger
Lenovo
Litecoin
Lloyds Bank
Loopring
Louis Vuitton Moet Hennessey
Magic
Manta Network
Mantle
Marvell
MasterCard
Masverse
Mercedez Benz
Microchip
Micron
Microsoft
MicroStrategy
MOBI
Modex
Monero
MoonPay
Moralis
MultiChain
MultiversX
nChain
Near Protocol
Neon
Nike
Nokia
NTT Data
Nvidia
NXP
Oanda
Oasis Labs
Offchain Labs (Arbitrum)
OneKey
Optimism
Oracle
OVH
Parsiq
Paxos
PayPal
Penguin Solutions
PharmaLedger
PingAn
PNY
Polestar
Polygon
Polymath
PolyMesh
Powerledger
Provable
Provenance
PureStorage
PWC
QCT
Quant
QuickNode
R3
Raiden
Repsol
Ripple Labs
Rise In
Robinhood
SAI
Salesforce
Salt Lending
Samsung
SAP
Scroll
Seagate
Securitize
Shell
Siemens
SK Hynix
Skale Network
Snowflake
Societe Generale
Solana Labs
Sony
Sorare
Sovrin
StakeBox
Standard Chartered
Starbucks
StarkWare
Start9
Stellar
Stelsi
Sugon
SushiSwap
Swift
Symbiont
Talan
Tata Consulting Services
Tatum
Taurus
TaxBit
Tech Mahindra
Tellor
Tencent
TeraSwitch
Tezos
Thales
Theta
Threshold
Thridweb
Tokeny Solutions
Tornado
Toshiba
Tron Foundation
TrueBit
tZero
UMA
Umbrel
Unchained
VAKT
VeChain
Veem
Visa
Vodafone
Walmart
Wanchain
Wax
Web3 Foundation (Polkadot)
Weex
Wells Fargo
Western Alliance
Western Digital
Wipro
Witnet
Worldcoin
Wormhole Foundation
XDC Network
Yuga Labs
Zcash
ZTE
Zyber365
Table of Contents
Get in touch to find out about multi-purchase discounts
reportstore@globaldata.com
Tel +44 20 7947 2745