For the second year in a row, Chainstack has been named in the Hype Cycle for Blockchain Technologies report from Gartner for the blockchain managed services category. In Gartner's analysis, blockchain managed services have a high benefit rating for enterprises, and will play an integral role in accelerating enterprise blockchain adoption and powering consortiums over the next 5 to 10 years.


Excerpt from Gartner's Hype Cycle for Blockchain Technologies 2020 Report:


Blockchain Managed Services

Business Impact: Blockchain managed services should spur and support blockchain adoption by organizations that lack the requisite technical expertise or other resources to support their own applications. Gartner estimates that these services could grow over the next 10 years to support at least half of enterprise blockchain participants. We also think they will be especially popular with all blockchain newcomers, and with midsize and small enterprises that are part of blockchain consortium ecosystems.


Benefit Rating: High

Sample Vendors: Chainstack; IBM; Mangrovia Blockchain Solutions; Rockside