Blockchain Facts and Statistics (2023)

Last Updated on: May 15th, 2023

blockchain statistics and facts 2022 Facts and Statistics 2023

Here are a few of the most interesting Blockchain facts and statistics I was able to dig up in my internet travels. 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 facts

What is blockchain?

Blockchain is a decentralized, distributed ledger that records transactions across many computers in a way that ensures integrity and transparency. It was first introduced as the technology behind the digital currency, Bitcoin, but has since been adapted for a wide range of other uses.

A blockchain consists of a series of blocks, each of which contains a list of transactions. Each block is linked to the previous block through cryptography, forming a chain. Once a block is added to the blockchain, the information it contains is considered to be permanent and unalterable.

The decentralized nature of blockchain technology means that it operates independently of any central authority and can be used to securely and transparently store and transfer information, assets, or digital currencies. The combination of cryptography, consensus algorithms, and a decentralized network makes it virtually impossible for any one party to manipulate the information stored in the blockchain.

Blockchain technology has the potential to transform a wide range of industries, including finance, supply chain management, and voting systems, among others.

Here is a helpful primer on blockchain from IBM

When was blockchain invented?


Who invented blockchain?

Satoshi Nakamoto

Number of blockchain users:

81 million active users

Last updated 9/27/22


Market value of the blockchain industry in 2017:

$708 million

Blockchain’s reported potential for reducing bank infrastructure costs:


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


Percentage of banks that are experimenting with permissioned blockchains:


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:


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:


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

Please note that some of these numbers are easier to find than others. Most of these fun facts come from internet reports and may not be official tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.

Related Categories:

Business Statistics, Cryptocurrency Statistics, eCommerce Statistics, Financial Statistics, Fintech Statistics

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About Craig Smith

DMR Publisher. Director of Marketing by day and I run this little site at night. Other interests include Disney, Sports, 80's Nostalgia, LEGO, Star Wars and Tech Gadgets. Other sites include and