HFS Horizons: Enterprise Blockchain Services, 2023

Macroeconomic headwinds have forced belt tightening, and many enterprises have shifted their focus to the latest technologies, particularly metaverse and generative AI. This shift slowed enterprise blockchain growth as enterprises looked beyond useless proofs-of-concept to value-adding engagements.

The HFS Horizons: Enterprise Blockchain Services, 2023 report assesses 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: Enterprise Blockchain Services, 2023

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

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