CB Insights Blockchain 50 lists US, UK and Switzerland as adoption hotbeds

Friday 18 December 2020, 12:39 AM AEST - 2 months ago

Research firm CB Insights and Blockdata, the data company acquired by CB Insights in September of this year, have unveiled their first-ever annual Blockchain 50 list, which consists of 50 private companies applying or analyzing blockchain technology to solve business- or consumer-related problems across various industries.

Jonathan Knegtel, CEO and co-founder of Blockdata, told Cointelegraph that the Blockchain 50 list represents an annual ranking of the 50 most promising companies within the blockchain ecosystem. Specifically speaking, Knegtel noted that this years companies are tackling consumer and enterprise use cases:

This inaugural class of the Blockchain 50 consists of companies that are tackling a range of use cases in categories like capital markets, custody and wallet services, exchanges, and more. These companies are paving the way for enterprise blockchain as the industry matures and moves onto full deployment, and we look forward to monitoring their successes in the coming years. Private companies building a path to commercial adoption

Knegtel further mentioned that analysis from Blockdata and CB Insights focused exclusively on privately held companies that have raised equity funding. We did not include open-source projects such as Bitcoin and Ethereum, he remarked.

Although open-source projects are of critical importance for the blockchain ecosystem, Knegtel explained that companies such as R3, BitGo, Chainalysis and Coin Metrics were considered, all of which have displayed success in achieving or building a path to commercial adoption.

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For example, blockchain analytics firm Chainalysis recently extended its certification program to the wider community, allowing enterprises, government employees and financial service professionals to complete its Chainalysis Cryptocurrency Fundamentals Certification. In addition, blockchain firm R3 powers blockchain platforms ...

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