20 Blockchain Statistics and Facts (2020) | By the Numbers



blockchain statistics and facts

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 facts

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

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