HFS Horizons: Public Blockchain Services, 2023

Despite the challenging economic environment, public blockchain adoption continues to grow. The growth is attributable to continued innovation addressing traditional challenges like scalability, but as enterprises focus on value-adding engagements rather than experimental engagements, service providers must ensure they can deliver a clear and defined roadmap to value.

HFS Horizons: Public Blockchain Services, 2023 is a short snapshot report assessing the innovation and value potential of service providers’ capabilities across three distinct Horizons:

• Horizon 1: The ability to drive functional transformation by driving cost reduction, speed, and efficiency, plus the ability to measure business outcomes at the functional level.
• Horizon 2: Horizon 1 plus the ability to drive a OneOffice™ mindset with real enterprise-level business outcomes and measure business outcomes at the enterprise level.
• Horizon 3: Horizon 2 plus the ability to drive a OneEcosystem™ approach, finding completely new sources of value and measuring business outcomes at the ecosystem level.

HFS Horizons: Public Blockchain Services, 2023

Note: All service providers within a Horizon are listed alphabetically.
Source: HFS Research, 2023

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