Top Enterprise Blockchain Solution Providers in 2023

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An “enterprise blockchain” is a type of permissioned blockchain that can be used to optimize enterprise processes at scale, like tracking goods in the supply chain or reconciling payments across the globe. Enterprises find that this type suits their needs better than public blockchain networks, as they can limit how visible their data is to a selected group of individuals.

How is Enterprise Blockchain Different than the Other Types?

The vast majority of enterprise blockchains are “permissioned blockchains,” meaning that companies directly control them. For example, they may block transactions that are inconsistent with their rules or do so if requested by law enforcement.

This is one of the biggest differences that sets permissioned ledgers apart from public ones, such as the one that Bitcoin is built upon. Public blockchains exist outside of any single company or government and are immune to censorship. This is why Bitcoin and other cryptos have been used successfully to evade international sanctions, or even fight back against cases of extortion at home.

Main Characteristics of Enterprise Blockchains

  • Accountability: Every node on a network — each holding a copy of transaction history — is known by everyone, and can be held accountable for their actions. For instance, it is common for corporate blockchains to be shared between multiple companies or financial actors in a collaborative format.
  • Permissioned: Only users with permissions are allowed to use the blockchain. The network owner(s) get to decide who is allowed to use it, and who is not.
  • Mutable: If all of the entities managing the network agree, data can be changed.
  • Scalability: Because corporate blockchains are generally less decentralized than bitcoin, they can easily support multiple transactions on a basic level.

Top Enterprise Blockchain Solution Providers to Watch in 2023

1. Accenture
2. IBM
3. EY
4. Chain
5. Crypton Studio
6. Imapp
7. Markovate
8. BlockchainX
9. Blockchain Firm
10. EvaCodes
11. SparxIT Solutions
12. Blockchain Australia™

1. Accenture:

Accenture, the IT giant has been recognized as the number one enterprise blockchain service provider in 2021 by an industry analyst firm HFS Research. Accenture’s blockchain services help companies leverage the power of blockchain through practical applications by leading distributed ledger leaders.

“Our position in this HFS report reflects the strong combination of Accenture’s deep technology expertise coupled with robust ecosystem and industry consortium relationships, along with a top-notch global team dedicated to solving our client’s complex business challenges,” said David Treat a senior managing director who leads Accenture’s Tech Incubation Group. “Our continued investments in emerging technologies and professional development are critical priorities for us as we strive to create new value for clients worldwide.”

About Company:

  • CEO: Julie Sweet
  • Revenue: 5,053 crores USD (2021)
  • Headquarters: Dublin, Ireland
  • Founder: Clarence DeLany
  • Number of employees: 7,10,000 (2022)
  • Founded: 1989, Hamilton, Bermuda

Blockchain Expertise:

  • Blockchain for supply chain
  • Financial services infrastructure
  • Blockchain for social impact
  • Decentralized digital identity

Also Read: Top Blockchain Development Companies to watch in 2023

2. IBM

ibm logo

IBM Blockchain is the #2 name in this list, and the New York-based IT giant was named by global research firms as the number one vendor of blockchain solutions for enterprises in 2020. Industry leaders in the supply chain, healthcare, insurance, financial services, government, retail, media & advertising, oil and gas, telecom, and manufacturing sectors are using IBM Blockchain to reduce friction, create trust, and unlock new value.

About Company:

  • CEO: Arvind Krishna
  • Headquarters: New York, United States
  • Founder: Charles Ranlett Flint
  • Revenue: 5,735 crores USD (2021)
  • Founded: 1911, New York, United States
  • Number of employees: 2,82,100 (2022)

Blockchain Solutions:

  • Blockchain solution for Healthcare
  • Blockchain solution for Supply chain
  • Trade Finance and Digital Assets
  • Vaccine distribution
  • Digital Identity and Credentials

3. EY

EY( Ernst & Young Global Limited) is one of the largest professional services furnishing companies in the world. This London- grounded transnational company is considered one of the Big Four accounting enterprises. EY steps into blockchain technology in 2017, its blockchain results support the complete business lifecycle from constricting, ordering, fulfilling, and invoicing, to payments – from doing business on a blockchain to getting sapience into what happens on the blockchain. EY brigades also know how to manage the tax and audit requirements for blockchain-based transactions, so companies can handle the nonsupervisory and tax complexities of an emerging ecosystem.

Paul Brody, EY Global Blockchain Leader, says: “This technology is perhaps the most important EY blockchain milestone in making public blockchains scalable for the enterprise. In the prior iteration released in April 2019, public blockchains were already getting competitive with private networks. With this iteration, we cut the cost per transaction by more than 90% again, making private transactions more accessible for mainstream business applications.”

About Company:

  • CEO: Carmine Di Sibio
  • Headquarters: London, United Kingdom
  • Revenue: 4,000 crores USD (2021)
  • Number of employees: 3,12,250 (2021)
  • Founded: 1989, England, United Kingdom
  • Chairperson: Carmine Di Sibio

Blockchain Solutions:

  • Blockchain for Public Finance
  • EY OpsChain Contract Manager
  • EY Blockchain Analyzer: Smart Contract & Token Review
  • EY OpsChain Traceability
  • EY Blockchain Analyzer: Reconciler
  • EY Blockchain Analyzer: Tax Calculator
  • Blockchain consulting services
  • Audit innovation
  • Supply chain reinvention

4. Chain

Chain is one of the leaders in enterprise blockchain solution providers, it provides blockchain cloud infrastructure and web3 solutions to financial institutions & startups. Its cryptographic ledger systems are designed for financial institutions to make them more secure, smarter, and more connected. Based in Charlestown, Chain has raised over $40 million in funding from Khosla Ventures, Pantera Capital, Capital One, Citigroup, Fiserv, Nasdaq, Orange, and Visa.

Chain has a global client base, they develop financial products for market leaders like Visa, Nasdaq, and Citigroup as well as some notable fintech start-ups.

“There is an app or an open-source code for almost everything, so it is not often you find companies doing anything new in the tech or software space.” Deepak Thapliyal explains. “Most times, the only options we are left with is to move around a few things, include new features, or refresh our approach to make it seem fresh or to make it relevant to a new group of people.”

However, according to Deepak, innovation thrives best within a very niche area. In his words, “In an accelerated market like in the blockchain space where innovation is rife, innovativeness that differentiates firms within a niche is rewarded much more than innovativeness that differentiates across niches. The strongest firms are those who adopt new technology without changing niches.”

About Company:

  • Founded: 2014
  • Headquarters: Charlestown, KN
  • CEO: Deepak Thapliyal
  • Employees: 50+
  • Fund Raised: $40 million

Blockchain Expertise:

  • Blockchain Solutions
  • Distributed Systems
  • Cryptography
  • Operating Systems
  • Capital Markets
  • Payment Solutions
  • Financial Services
  • Custom Banking Software
  • Distributed Ledger Technology

5. Crypton Studio

Crypton Studio is a blockchain development company globally recognized for specializing in the blockchain domain. The company takes over the entire project from planning, designing, and developing the product, to business analytics. Crypton consists of more than hundred and sixty members, with 72% of them as developers, 18% as designers and managers, and 10% as administrators. Crypton Studio provides blockchain development services such as smart contract development that help to make the transactions automated and secure and eliminate the need for permissions from a third party. Crypton also provides crypto exchange development services using powerful blockchain architecture and advanced features. The firm is popular for its optimization solutions for businesses by implementing advanced encryption, staking, and farming. The team of experts and developers provides advanced features incorporated in NFT marketplace development.

About Company:

  • Founded: 2015
  • Employees: 150+
  • Min. Project Size: $10,000+
  • Projects Delivered: 50 – 249
  • Avg. Hourly Rate: $25 – $49
  • Headquarters: Rīga, Latvia

Blockchain Expertise:

  • Smart Contract Development
  • Cryptocurrency Exchange Development
  • DeFi Development Services
  • NFT Market Place Development

Also Read: Top Blockchain Development Companies to Watch in 2023

6. Imapp

Imapp is a blockchain development company that specializes in delivering end-to-end blockchain solutions to businesses. Businesses take help from the company to plan, design, and develop blockchain-based services and products. Imapp is existing since 2013 and is working on several blockchai9n technologies such as Cosmos, Polygon, Ethereum, Hyper Ledger, Polkadot, ImmutableX, zkSync, Fabric, and others. The blockchain development services provided by Imapp include proof of Concept design, smart contract development, permissioned and private blockchain development, DApps design and development, public blockchain integration, hybrid centralized system development, incorporating blockchain in legacy structure, blockchain-based games, smart contracts audit, design and develop custom NFTs, and blockchain consulting services.

About Company:

  • Founded: 2013
  • Employees: 25+
  • Min. Project Size: $25,000+
  • Avg. Hourly Rate: $50 – $99
  • Headquarters: Warszawa, Poland

Blockchain Expertise:

  • Proof of Concept design
  • Private and permissioned blockchain development
  • Public blockchain integration
  • DApps design and development
  • Smart Contracts development
  • Integrating blockchain into legacy infrastructure
  • Blockchain solutions for video games
  • Migrating to blockchain infrastructure
  • Public blockchain networks integration
  • Blockchain technology consulting
  • Smart Contracts audit
  • Design and implementation of custom NFTs

7. Markovate

Markovate is a blockchain development company and has worked with several businesses to optimize their overall business operations with cutting-edge blockchain technology and innovative solutions. Markovate provides end-to-end blockchain development services to provide transparency and automation and create scalable, secure, and interoperable decentralized applications for businesses. The company offers a variety of blockchain development services that includes blockchain wallet development, exchange application development, and advanced white-label crypto exchange applications with asset managers, operators, brokers, dealers, token issuers, etc. Markovate also provides smart contract development, dApps, and many more. Markovate provides blockchain-based solutions such as healthcare, supply chain, e-commerce, finance, gaming, and many more. The team of experts is recognized for their Blockchain-as-a-service solutions, that eliminate errors, and paper-intensive operations. Blockchain provides traceability, transparency, and immutability which optimizes any business and upgrades its operations. The developer’s team in Markovate quickly adapts to the requirements and delivers the products accordingly.

About Company:

  • Founded: 2015
  • Employees: 150+
  • Blockchain Developers: 30+
  • Full Stake Developers: 150+
  • Blockchain Solution Delivered: 25+
  • Min. Project Size: $50,000+
  • Avg. Hourly Rate: $50 – $99
  • Headquarters: San Francisco, CA

Blockchain Expertise:

  • Blockchain Development
  • Web3 Development
  • Product Development
  • Mobile Development
  • IoT Development
  • Artificial Intelligence
  • NFT Marketplace
  • App Modernization

8. BlockchainX

BlockchainX is a blockchain-based software development company that focuses to help crypto and blockchain startups develop cutting-edge software solutions that will make the world a better place. BlockchainX works with a team of certified blockchain developers, with years of expertise. The blockchain development services provided by the firm are ICO coin development, cryptocurrency development, ICO/STO marketing, STO coin development, crypto exchange development, ERC20 token development, NFT development, BEP20 token development, TRC20 token development, crypto penny auction software, Cardano blockchain development, Corda blockchain development, DeFi staking platform, DAO development, OTX exchange software, DeFi yield farming, crowdfunding software and more. Blockchain technology is no more confined to the BFSI sector, today the technology has huge potential in several industries, and BlockchainX partners with firms in different sectors.

About Company:

  • Founded: 2019
  • Employees: 10 – 49
  • Avg. Hourly Rate: $25 – $49
  • Min. Project Size: $5,000+
  • Headquarters: Coimbatore, India

Blockchain Expertise:

  • DeFi Crypto Wallet Software
  • NFT Market Place Development
  • Cryptocurrency Development
  • ICO,STO Development
  • Crypto Exchange Development

9. Blockchain Firm

Blockchain Firm is a blockchain development company that offers several blockchain-based software solutions to different crypto and blockchain businesses around the world. Blockchain has proved its potential in disrupting several industries over the years, and Blockchain Firm is determined to create more decentralized networks to promote the power of technology and turn the world towards a transparent, immutable, and traceable future. Some of the blockchain services offered by the firm are NFT marketplace development, Smart contract development, Exchange development, Trading Bot development, DeFi development services, DApps development, Real-estate tokenization, Blockchain development, wallet development, Launchpad development, Blockchain consulting, and End-to-End blockchain services. The team of blockchain developers with years of expertise help businesses transform their entire operation with top-notch blockchain services. Blockchain Firm provides its expertise to transform traditional businesses into decentralized workforces. Since all services are absolutely enterprise-grade, it is easy for businesses to adapt to their technology. 

About Company:

  • Founded: 2017
  • Employees: 150+
  • Projects Delivered: 50+
  • Avg. Hourly Rate: $50 – $99
  • Headquarters: Coimbatore, India

Blockchain Expertise:

  • NFT Market Place Development
  • Cryptocurrency Exchange Development
  • Blockchain Consulting Services
  • Blockchain Development
  • DeFi Development Services
  • Smart Contract Development

10. EvaCodes

EvaCodes is one of the leading blockchain development companies with a team of expert blockchain developers with years of experience. The company is recognized by businesses for its power of understanding the best products that suit the client’s requirements. Blockchain technology has evolved over the years and is now one of the most used technology in several industries. While there are several blockchain-based projects and products available in the market, selecting the project is crucial as it differentiates your business to either become a success or a drastic failure. The blockchain development services offered by EvaCodes include DeFi mobile wallets, a Yield farming platform, a DeFi staking platform, DAO, Stablecoin development, NFT marketplace development, NFT token creation, Metaverse creation, crypto games, crypto game tokenomics, Custodial and non-custodial crypto wallet. EvaCodes is NDA protected making every project safe. 

About Company:

  • Founded: 2019
  • Employees: 50 – 249
  • Min. Project Size: $50,000+
  • Finished Projects: 150+
  • Avg. Hourly Rate: $50 – $99
  • Headquarters: Kyiv, Ukraine

Blockchain Expertise:

  • Blockchain Development
  • NFT Marketplace Development
  • DeFi Development Services
  • Crypto-Wealth Management application
  • All-in-One Multi-Chain DEX

11. SparxIT Solutions

SparxIT Solutions is a globally recognized blockchain development company that has partnered with several industries over the years. SparxIT is known for its innovative, robust, and secure solutions and products by implementing state-of-the-art blockchain technology. The enterprise is famous for its efficiency in building business to a decentralized network with the p2p decentralized application development. The firm also builds private blockchains to ensure secure and safe transactions. These networks include advanced features such as confidential transactions, permissioned entry, and more. Some of the other blockchain development services offered by SparxIT are smart contract development, crypto wallet development, exchange platform development, smart contract audit, crypto exchange development, mobile crypto exchange, DApp development, white-label NFT marketplace, NFT lending platform, and many more. SparxIT aims to deliver quality-based software solutions to startups and large businesses by adapting advanced features and cutting-edge technology.

About Company:

  • Founded: 2008
  • Employees: 250+
  • Projects Undertaken: 15500+
  • Satisfied Clients: 90%
  • Min. Project Size: $10,000+
  • Avg. Hourly Rate: $25 – $49
  • Headquarters: New York, NY

Blockchain Expertise:

  • Blockchain Development
  • Wallet Development
  • Cryptocurrency Exchange Development
  • Smart Contract Development
  • DeFi Development Services
  • NFT Marketplace Development
  • dApp Development

12. Blockchain Australia™

Blockchain Australia

Blockchain Australia™ is Australia’s one of the top key players in blockchain development and consulting services. It provides blockchain solution to enterprises and financial institutions. This company aims to growing the blockchain industry with performance-driven blockchain solutions.

Blockchain Australia™ has partnered with the most popular blockchain frameworks that includes Ethereum, Bitcoin, Hyperledger, Multichain, Quorum, and more. This company has 12+ global partner, and 25+ global clients.

About Company:

  • Founded: 2017
  • Headquarters: Melbourne, Australia
  • Number of Employees: 50+
  • Hourly Rate: $150 – $199

Blockchain Development Services:

  • ICO & Smart contracts development
  • Security token offering (STO)
  • Blockchain Protocol Development
  • Cardano Blockchain Solutions
  • Corda Blockchain Development
  • Distributed Ledger Technologies
  • Matic Blockchain Development
  • Hyperledger Development
  • Quorum Blockchain Development
  • Stellar, Tezos Development
  • Ethereum Development
  • Hedera Hashgraph Development
  • Polkadot Blockchain Solutions
  • Private Blockchain Development

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