2nd Global Enterprise Blockchain Benchmarking Study

Overview: Adoption of enterprise blockchains within the private sector has been increasing with several networks moving from ideation to production over the course of 2018 and 2019. However, the technology is not a panacea and comes with its share of trade-offs that industry adopters are experiencing first-hand. As empirically demonstrated in this report, blockchain adoption by incumbents is indeed a slow and challenging process that requires deep cross-organisational coordination and careful legal and organisational design choices. This may at least partly explain the dominance of centralised approaches to system design observed across the majority of deployed networks, albeit with an expectation of a gradual distribution of control over the course of time.