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Blockchain Technology Report India 2018

Datalabs by Inc42 Plus

Blockchain Technology Report India 2018

The report provides an introduction to blockchain technology, the components of a blockchain system architecture, the need for consensus models, elements of the systems, smart contracts, permission models and ample use cases — from financial to non-financial ones. Overall, the report showcases the milestones achieved by the Indian startup ecosystem in 2018 along with the roadblocks and predictions for 2019.

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Quoted & Trusted By

the economist
business insider
cb insights
the huffington post
the economic times
live mint
the times of india

Key Highlights

Inc42 Datalabs has been closely tracking the trends among the early adopters of blockchain in India to understand the challenges they faced while designing proof of concept.


of major North American and European banks are exploring blockchain solutions

$8-12 Bn

banks could save annually if they used blockchain technology


ICOs in 2017, raised more than $3.6 billion globally

$7 Bn

global blockchain market size by 2022

Table Of Contents

  • Editor's Note
  • Scope Of The Report
  • Introduction To The Report
  • History Of Blockchain - A Timeline
  • Introduction To Blockchain
  • Features Of Blockchain - Powered By Bient
  • Global Blockchain Activity
  • Application Of Blockchain
  • Leading Platforms And Blockchain Technologies
  • Blockchain Mixed Model - Telegram Case Study
  • Blockchain In Smart Cities
  • Blockchain In Supply Chain
  • Blockchain Use Case - Land Registration
  • Cryptocurrency
  • ICOs - Powered By Drivezy
  • Blockchain In India
  • Investors And Funds
  • Government Adaptations
  • Government Policies
  • Challenges & Looking Ahead
  • Bibliography


Blockchain is a new, disruptive distributed ledger technology that is rapidly changing business models and becoming increasingly important in the world order. In India, blockchain has gained traction since 2017, with many industries — including banks, finance and trade organisations, and other businesses — experimenting with it. Bitcoin, the most popular use case of the technology, is popular here, with Bitcoin exchanges and wallets proliferating despite regulatory problems.

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