OWI Recognizes Top Blockchain Providers and Companies to Watch

WASHINGTON - Aug. 2, 2018 - PRLog -- One World Identity (http://www.oneworldidentity.com/) (OWI), an independent trust and data economy research and strategy company, has released its 2018 Blockchain Report (http://www.oneworldidentity.com/blockchain-and-identity-in-2018-a-year-of-promise-and-pilots), Blockchain and Identity in 2018: A Year of Promise and Pilots, today. The new whitepaper provides a comprehensive review of the state of blockchain for identity as of the second quarter of 2018. The paper highlights 18 companies and organizations — 13 featured companies and five up-and-coming companies to watch — at the forefront of the blockchain identity landscape.

The eighteen featured companies include Evernym, Hyperledger, IBM, R3, ID2020, Sovrin Foundation, Civic, BanQu, Cambridge Blockchain, ShoCard, ObjectTech, Tierion, uPort, Datum, Dominode, Pillar, Procivis, and Sphere.

The report reviews OWI's five key predictions from 2017 and examines how they fared, with a particular focus on how they've impacted the overall maturation of the blockchain identity space. Highlighting the leading solution providers, the report concludes with five new predictions for the coming year, along with an analysis of the market's overall trajectory and potential growth areas.

Among the report's findings are the following observations:

·         Investment in blockchain-based projects has already surpassed 2017 totals, but the hysteria has subsided.

·         Expect 2019 to be a year of retrenchment as enterprises get smarter about their needs, regulators catch up, and the bad ideas start to peter out.

·         Investment levels in blockchain-centric companies and organizations have remained high, and more educated investors and customers have begun to differentiate cryptocurrencies from the wider applicability of distributed ledger technologies.

"In the past year we've seen the market start to grapple with exactly the kinds of questions we see as critical to blockchain development in the identity space," said Travis Jarae, CEO of OWI. "Solutions are beginning to coalesce around a more defined set of identity use cases, with governance structures designed with targeted functionalities and regulatory concerns in mind."

For more information, download the full report here (http://www.oneworldidentity.com/blockchain-and-identity-i...).

About OWI

OWI is an independent trust and data economy research and strategy company focused on cybersecurity, digital commerce, and risk management. We help businesses, investors, and governments stay ahead of market trends so they can build sustainable, forward-looking identity-enabled products and strategies. We accomplish this by building community and facilitating dialogue through our events, the KNOW Identity Conference, as well as servicing the community with our educational content, news, media, independent research, and consulting.

Visit OWI at www.oneworldidentity.com for the latest in identity news, events, opinion and research.