Enterprise blockchain consolidates onto a few platforms
The proliferation of corporate chains is reversing as networks merge onto shared infrastructure with common tooling.
Hasan Almasi via UnsplashThe first enterprise blockchain era produced a chain for every consortium and a consortium for every industry, most of them incompatible with the rest. That sprawl is consolidating. Networks are migrating onto a small set of shared platforms with common tooling, and new projects increasingly begin by choosing among incumbents rather than building fresh.
The drivers are maintenance economics and talent. Operating a bespoke chain means staffing skills that the shared platforms amortize across many customers, and technology leaders describe the make-versus-join decision as no longer close.
Consolidation is delivering what fragmentation promised and could not: assets and records that move between corporate networks because those networks finally share foundations. The industry spent years building islands; it is now, belatedly, building ferries.