Top 20 Blockchain Solutions Companies - 2022

Blockchain-as-a-Service (BaaS) is gaining significant traction for helping organizations resolve complex business operational issues around transparency, efficiency, and cost in a simplistic and straightforward manner. BaaS is making waves across a variety of industries to optimize their workflow and keep the infrastructure agile. In the wake of these developments, the global BaaS market is projected to reach $24.94 billion by 2027.

The public sector is one of the biggest benefactors of this trend as it helps the sector agencies utilize inexpensive, open, distributed, and secure database technology to increase efficiency, reduce bureaucracy, and the cost of authenticating many types of persistent documents. Voting commissions are also using BaaS as it can add fairness and privacy to the current voting schemes. Shared electronic voting systems can be implemented using BaaS to enhance security and reduce the monetary cost of holding nationwide elections. For corporate businesses, BaaS allows for the possibility to experiment with blockchain applications and smart contracts and take advantage of the benefits of blockchain, such as improved transparency and data security, all without worrying about developing expensive in-house competencies and resources.

To put the spotlight on such key developments, CIOReview illustrates how enterprises are leveraging the latest blockchain technologies to augment their business operations. This edition also features a thought leadership article from Mark Jones, Chief Information Security Officer at Nolan Transportation Company. He sheds light on the role of blockchain in the proactive prevention of threats in the supply chain sector.

In this edition of CIOReview magazine, we also bring to you the story of some of the top blockchain service companies. In the list, BlockApps stands out for its ability to bring together the best of public and private blockchain networks, forging a decentralized network that hosts real-world assets and products through trust, transparency, and fairness. We also bring you the story of Merge BDG, providing a one-stop-shop solution for BaaS that helps companies to scale in, adopt, and integrate blockchain technology into their business infrastructure. Equally commendable are the stories of NuPay Technologies providing eco-friendly, equitable consensus algorithms to redefine the world of blockchain-based digital currencies.

Through the following pages, we aim to shine a light on the innovative trends and latest developments in the blockchain sector. We would like to know your thoughts.