UK Blockchain Industry Report Presented in UK Parliament  

Today representatives from Deep Knowledge Analytics, Big Innovation Centre, and the All Party Parliamentary Group on Blockchain presented their landmark report, Blockchain in UK Industry Landscape Overview 2018, at the reception in  UK parliament.

The 960-page report has identified and profiled 225 companies, 170 investors, 20 tech hubs and think tanks, 10 incubators and accelerators, and the 100 faces of the UK blockchain industry. It also breaks down on a company-by-company basis more than £500+ million-worth of investments into UK blockchain companies that occurred in 2017 and 2018. The report was covered by hundreds of media outlets around the world including The Guardian.

 

A major insight highlighted in the report is that the UK has all the required resources, as well as industrial and governmental will, to become a global hub for Blockchain and next generation Digital Crypto Economy by approximately 2022, which marks the inflection point at which it will become clear if the UK has marshalled its existing resources across industry, government, academia and thought leadership to achieve this exciting opportunity.

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The general importance and disruptive impact of these technologies has been recognized by many governmental entities in the UK, in particular the All Party Parliamentary Group on Blockchain (APPG on Blockchain) which was established in January 2018.

 

The meeting brought together over 200 attendees, including parliamentary members and top UK blockchain executives. During the meeting Birgitte Andersen the CEO of Big Innovation Centre offered a broad introduction to the scope and purpose of the report, while Dmitry Kaminskiy offered some highlights on the working process of actually producing the report, including the specific roles of each of  the contributing organizations, and emphasized the fact that the report is not intended to be a static document.

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Rather, it is meant to serve as the first step in an ongoing project that will be regularly updated, the first edition of which was merely meant to establish the scope of the industry and serve as a launching pad to initiate an ongoing dialogue with industry stakeholders including companies, investors and UK governmental bodies, through which a greater understanding of how collective efforts in developing the industry can be effectively coordinated in a maximally-synergistic manner.

Dmitry also spoke about how eventually the efforts organized around these reports will take the shape of an online, interactive IT-platform in the style of CB insights or Wikipedia, whereby participants can filter, visualize and analyze data, and work together to build the platform's databases together in a decentralized and collaborative fashion.

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