CRIF is one of the partners of the Politecnico University of Milan School of Management’s Blockchain & Distributed Ledger Observatory

The Politecnico University of Milan School of Management’s Blockchain & Distributed Ledger Observatory included 579 blockchain application cases in the three-year period 2016-2018, 328 of which relate to 2018 (+76%). Out of the 2018 cases, 59% are notices, (192, +94%), 27% are prototypes or projects in the Proof of Concept phase (90), and just 14% are operational projects (46). The operational projects are the group of cases with the highest rate of growth: from 6 in 2017 to 46 in 2018.

The geographical area with the highest density of application cases in the last three years is Asia, with 32% of the projects, followed by Europe (27%), America (22%) and then Oceania and Africa (5%), while the remaining 14% comprise cross-continental projects. The United States, on the other hand, leads the classification of individual countries with the most projects (17%), followed by Japan (over 7%), China (7%), the United Kingdom (4%) and South Korea (4%). A lot of activity has also been seen in Italy, positioned third in Europe in terms of the number of projects, after the United Kingdom and Germany.

These are some of the results of the research from the Politecnico University of Milan School of Management’s Blockchain & Distributed Ledger Observatory, presented at the “Internet of Value Universe - among the Blockchain galaxies” event at the Bovisa Campus. Leading players from the Italian and international markets attended the event.

CRIF supported the 2018 edition of the Observatory, joining the Politecnico University of Milan research group together with other companies, including important businesses operating in the banking-insurance sector, as well as services, high-tech and others. For some time, CRIF has been active in blockchain technology research, monitoring and testing, with a special division located at its headquarters.

As part of the research and innovation activities in this field, CRIF decided to support the Blockchain & Distributed Ledger Observatory, bringing to the table its contribution on digital identity management with blockchain, one of the topics that it has been specifically focusing on and for which it has already developed a business prototype. Furthermore, CRIF is active in the study and application of blockchain technology in other areas, such as, for example, supply chain traceability and trade finance.

For more information on the Observatory