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European Blockchain Strategies

Blockchain is an emerging technology that brings trust and distributed processing to business networks as they evolve into wider, semi-permeable, collaborative ecosystems. It can drive efficiencies through disintermediation, and potentially re-imagining the way that business processes are.

IDC's European Blockchain Strategies Continuous Intelligence Service (CIS) focuses on the impact that blockchain and distributed ledger technologies have in enterprise settings across all industry verticals throughout Europe. It evaluates use cases (exploring wider technology and business implications); highlights opportunities and challenges for individual organizations and the ecosystems they inhabit; and provides advice around development, deployment and delivery of value with blockchain-related technologies. Our research helps enterprise customers better understand what blockchain means for their organization and its customers, partners, competitors; and helps technology and service providers develop new solutions, sales messaging, and go-to-market strategies.

Markets and Subjects Analyzed

  • Blockchain beyond crypto — Describing the growth areas of blockchain use cases in Europe beyond its crypto origins; exploring blockchain's role in wider Digital Transformation initiatives.
  • The changing technology stack — Examining how blockchain is evolving to become more business-useful and production-friendly on the journey to a "post-blockchain" world, where it's no longer seen as a "new" and "different" technology that requires special treatment.
  • Privacy and trust — Looking at how blockchains address European regulatory and privacy concerns, how they play in different trust environments, and how they can affect ecosystem relationships.
  • Becoming blockchain-ready – Helping end-user organizations improve the chances of their blockchain proof of concept (PoC) projects successfully move into production by attending to Proof of Business issues.
  • New business models – Blockchain's promise of decentralization has the potential not only to disintermediate and bring efficiencies to business networks, but also to disrupt whole ecosystems and marketplaces. What are innovators doing to bring about these changes?

Core Research

  • IDC Perspective: Blockchain Regulation in Key European Markets
  • IDC Innovators: European Blockchain Manufacturing Supply Chain
  • Market Perspective: Taking the Next Step - Moving from POC to Production Ledgers in FS
  • IDC Innovators: Blockchain Beyond the Supply Chain
  • IDC PeerScape: Blockchain and Internet of Things
  • IDC Perspective: Winning the Business Case for Blockchain
  • IDC Innovators: European Blockchain Transactional Supply Chain
  • Market Analysis Perspective: The Blockchain Landscape in Europe
  • Market Forecast: European Blockchain Spending Forecast, 2019-2023
  • IDC Innovators: European Blockchain Financial Supply Chain
  • IDC Perspective: Blockchain in the "Post-Blockchain" World

In addition to the insight provided in this service, IDC may conduct research on specific topics or emerging market segments via research offerings that require additional IDC funding and client investment.

Key Questions Answered

  1. What are the major use cases for Blockchain solutions in Europe, and what are the deployment challenges?
  2. Which verticals are adopting Blockchain faster, and why?
  3. Which new European-headquartered providers are active?
  4. What are the key business model, partner relationship, and governance issues to consider in a blockchain initiative?
  5. What are the regulatory and compliance implications of implementing Blockchain solutions in Europe?
  6. How will Blockchain disrupt existing approaches across European markets?

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