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NasscomAvasantreport2019 600x400 - NASSCOM-Avasant India Blockchain Report 2019

NASSCOM-Avasant India Blockchain Report 2019

May, 2019

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  • Abstract

Enterprises across the world are either undergoing, or are at the cusp of, fundamental technology-led disruption. Former ‘emerging technologies’ have become so ingrained in industry value chains that it is difficult to recall a time when they were not there. Blockchain, however, has taken inflated expectations to a whole new level. Even as recent as 18 months ago, the myth around it was such that you could be forgiven for thinking that the ‘silver bullet’ to solve all of the worlds problems was just around the corner.

The good news is that enterprises and governments have started pragmatic evaluation of potential use cases before implementing blockchain solutions. This is already resulting in credible, encouraging results which have helped drive commercial and developmental adoption. Blockchain applications have also evolved and become much easier to implement and manage and are opening the door for more enterprises to consider them as part of their large-scale digital transformation investments.

The Indian blockchain ecosystem is at a vibrant and exciting stage and all participants – the government (in its dual role as consumer and regulator), enterprises, service providers, startups, academia and investors – are making significant efforts to evolve and enhance the blockchain value proposition. The impact is already showing with over 14 Indian states already running blockchain pilots and projects, various organizations that have traditionally been competitors coalescing into industry consortiums to leverage the power of blockchain.

The NASSCOM-Avasant India Blockchain Report 2019 has been developed with inputs from practitioners and observers of this space and seeks to become a definitive reference for anybody looking for a thoughtful and deep assessment of the Indian Blockchain space.

Avasant-NASSCOM Blockchain report is a state of the
market industry report highlighting developments in the
global and Indian Blockchain market and ecosystem
• The report intends to systematically understand these
ecosystems holistically across market trends, enterprise
demands, emerging applications, policy and regulations,
tech startups and service provider offerings, investments and
talent among others
• The report has been developed by incorporating inputs from
more than 50 industry leading experts and participants of
the global and Indian Blockchain ecosystems
• Thus, this report brings together the perspectives from across
the value chain, including enterprise blockchain leaders,
investors, academic practitioners, policy makers, blockchain
service providers and tech startups

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DISCLAIMER:

Avasant's research and other publications are based on information from the best available sources and Avasant's independent assessment and analysis at the time of publication. Avasant takes no responsibility and assumes no liability for any error/omission or the accuracy of information contained in its research publications. Avasant does not endorse any provider, product or service described in its RadarView™ publications or any other research publications that it makes available to its users, and does not advise users to select only those providers recognized in these publications. Avasant disclaims all warranties, expressed or implied, including any warranties of merchantability or fitness for a particular purpose. None of the graphics, descriptions, research, excerpts, samples or any other content provided in the report(s) or any of its research publications may be reprinted, reproduced, redistributed or used for any external commercial purpose without prior permission from Avasant, LLC. All rights are reserved by Avasant, LLC.

 

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