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Hyperledger Foundation’s 2023 Enterprise Blockchain Brand Study Reveals Key Findings and Trends

09/01/2024 GoodTech09/01/2024 • Bookmarks: 3

Hyperledger Foundation, an open source ecosystem dedicated to enterprise-grade blockchain technologies, releases the second edition of his study brand. It details the current perceptions and future possibilities of blockchain in business. Here are some key findings from the report.

This year, as in the 2021 Brand Study, the Foundation examined the impact of the Hyperledger brand and its positioning, value and usage in today’s global marketplace, looking beyond the Hyperledger community to obtain an outside point of view.

It was also an opportunity to discuss with experts in the field to find out their vision of the market, the path taken and the prospects for market development. The recently released Hyperledger Foundation 2023 Brand Study therefore offers a fairly comprehensive overview of the current state of the industry, highlighting key trends, challenges and prospects.

Here is some conclusions keys to the report.

  • Enterprise blockchain is needed beyond hype and hype. The report indicates a sustained upward trend in the adoption and development rates of blockchain technology between 2021 and 2023. This growth highlights the transformation of blockchain from an emerging technology to a robust and established core technology in all sectors.
  • Familiarity with Hyperledger technologies is strong and is increasing. Study participants demonstrated high familiarity with Hyperledger technologies, with 49% saying they were very or extremely familiar, an increase of 17% from 2021. This increase reflects the growing recognition of the importance of Hyperledger in the blockchain ecosystem.
  • Adoption of this technology faces some obstacles. Despite the positive outlook, the study highlights the challenges hindering enterprise adoption of blockchain. High migration costs, security risks and regulatory uncertainties are the main obstacles. Confusion persists between enterprise blockchains and cryptocurrencies, creating regulatory restrictions, misconceptions and fears. Clarifying this distinction is essential to foster a more conducive environment for blockchain adoption.
  • Enterprise blockchain has many advantages over traditional infrastructure. Respondents cited quality assurance for traceability, efficiency gains and reduced operating costs as the top three benefits. Among the advantages specific to the Hyperledger brand, we can cite its open-source nature, as well as significant support from the community. These characteristics are crucial in an age where collaboration and adaptability are paramount.
  • The study can be downloaded online at this address (without registration).

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    2024-01-09 02:42:50
    #blockchain #business #report #Hyperledger #Foundation

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