Here are a few of the most interesting Blockchain statistics and facts I was able to dig up. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.

Blockchain Statistics and Facts

What is blockchain?

Here is a helpful primer on blockchain from IBM

When was blockchain invented?

2008

Who invented blockchain?

Satoshi Nakamoto

Projected market value of the blockchain industry by 2020:

$60 billion

Last updated 9/1/18

Venture funding for blockchain companies in 2017:

$1 billion

Market value of the blockchain industry in 2017:

$708 million

Blockchain’s reported potential for reducing bank infrastructure costs:

30%

Last updated 1/17/17

Reported potential annual savings for banks utilizing blockchain technology:

$8-12 billion

Last updated 1/17/17

Amount the global blockchain market is expected to be worth in 2024:

$20 billion

Last updated 1/18/17

Average investment in blockchain projects in 2017:

$1 million

Last updated 2/7/17

Percentage of banks that are experimenting with permissioned blockchains:

69%

Last updated 2/7/17

Amount of funding that Ripple has raised to date:

$93 million

Last updated 9/16/16

Percentage of the top global banks that Ripple works with:

30%

Last updated 9/16/16

Reduction in operating costs of international payments that Ripple’s technology offers banks:

33% reduction

Last updated 9/16/16

Amount of funding that Blockstream has raised to date:

$76 million

Last updated 2/3/16

Amount that IBM is investing in blockchain-powered IOT:

$200 million 

Last updated 10/4/16

Number of employees IBM is dedicating to blockchain powered IOT projects:

1,000 employees

Last updated 10/4/16

Total amount that blockchain startups raised in H1 2016:

$290 million

Amount that hackers reportedly stole from DAO’s fund in June 2016:

$50 million

Estimated amount that financial and technology firms invested in blockchain in 2016:

$1.4 billion

Percentage of major North American and European banks that are exploring blockchain:

90%

Last updated 9/11/16

Size of the blockchain technology in energy market in 2018:

$200 million

Projected size of the blockchain technology in energy market in 2025:

$18 billion

Photo by Monito – Money Transfer Comparison