The 2021 Hyperledger Brand Study

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The 2021HyperledgerBrand StudyLinux Foundation ResearchIn Partnership With Hyperledger

Methodology &Segmentation

Survey Scope and Screening CriteriaSampleTarget Respondents Size: 243 (after screening filters) Survey fielded: May 2021 Scope: Worldwide Enterprises: Technology consumers,producers, and organizationsRespondents filtered out of analysis ITDMs, LoB Leaders, ProjectManagers, Academia Where Title (q4), Role (q5), andIndustry (q6) “Other” Director, VP, or C-Level roles Verbatims associated with thesefields primarily showed respondentsoutside of our target criteria Material involvement in technologydecision makingMoE is /- 5.2% with 90% confidence and /- 6.2% with 95% confidence 2021 The Linux Foundation3

Demographics at a GlanceRoleTitleCompany SizeGeographyVertical Industries49% IT29% Technician55% 1–100 Employees29% North America36% IT19% Product Dev24% C-level14% 30K Employees29% Asia Pacific14% Fin Services16% Go To Market19% Management12% 1K–10K Employees23% Europe11% Business Services6% Project Management11% Analyst11% 100–1K Employees13% Latin America7% Education6% Consultants10% Director6% 10K–30K Employees6% Middle East/Africa5% Manufacturing4% Finance7% Other2% Don’t Know4% Government4% HC/LS19% Other 2021 The Linux Foundation4

Demographics

Company Size (Employees)Q2. Counting all locations where your employer operates, what is the totalnumber of persons who work at your company? Your best estimate is fine.N 243, single response, percent responding55% 0–9914% 30,000 7% 100–4997% 1,000–4,999 2021 The Linux Foundation5% 10,000–20,0005% 5,000–10,0004% 500–9992% Don’t know or not sure1% 20,000–30,0006

RegionQ3. In which region do you reside?N 243, single response, percent responding29% North America(US/Canada)27% Asia20% Western Europe13% Latin America(Mexico, Brazil, Argentina, etc.)5% Africa3% Eastern Europe2% Australia/Oceania1% Middle East(Turkey, Egypt, Israel, etc.) 2021 The Linux Foundation7

TitleQ4. Which of the following best describes your title?N 243, single response, percent responding10% Director29% Technician/engineer19% Manager12% Chief Executive Officer (CEO)11% Analyst6% Chief Technology Officer (CTO)4% Network architect/administrator4% Other C-level3% Vice President2% Chief Strategy Officer (CSO) 2021 The Linux Foundation8

RoleQ5. Which of the following best describes your role?N 243, single response, percent responding6% IT Management22% IT Development19% Product Development6% Project Management6% Marketing9% IT Operations6% Management Consultant9% IT Consultant4% Finance9% Business Development2% IT Other2% Customer Success 2021 The Linux Foundation9

IndustryQ6. What is your organization’s industry?N 243, single response, percent responding36% Information Technology3% Healthcare14% Financial Services2% ational)11% Business Services2% Oil & Gas/Energy(accounting, consulting, legal, other)7% Education5% Professional Services4% Manufacturing4% Media(broadcast communications, entertainment,publishing, web, social networking, etc.)4% Telecommunications/ISP/Web Hosting 2021 The Linux Foundation2% Transportation & Logistics2% Construction/Engineering2% Government(State/Province/County/Municipalor other local government)1% Utilities1% Consumer Packaged Goods1% Life Sciences(biotech, pharmaceuticals, etc.)10

Approach to Computing InfrastructureQ7. What is your organization’s approach to providing computing infrastructure? Choose one.N 243, single response, percent responding42% Provided through acombination of privatedata center and cloudcomputing resources28% Provided only by one ormore cloud service providersor managed service providers 2021 The Linux Foundation15% Don’t know or not sure14% Provided only by ourprivate data center(s)1% Other (please specify)11

Approach to Cloud ComputingQ8. How would you describe your enterprise’s approach to providing cloud computing infrastructure?N 243, single response, percent responding27% Our cloud computinginfrastructure is provided by oneor more cloud service provider21% Our cloud computinginfrastructure is provided by onecloud service provider16% Don't know or not sure16% Our cloud computinginfrastructure is provided by oneor more cloud service providerand managed service providers12% We are not using cloudcomputing infrastructure4% Our cloud computing infrastructure is provided by one ormore managed service providers4% Other(please specify) 2021 The Linux Foundation12

BlockchainQuestions

Blockchain FamiliarityQ9. How would you describe your familiarity with blockchain technology?N 236, single response, percent responding28% Familiar24% Extremely familiar22% Some familiarity 2021 The Linux Foundation20% Very familiar5% Not familiar at all1% Don’t know or not sure14

Hyperledger FamiliarityQ10. How would you describe your familiarity with Hyperledger technologies?N 236, single response, percent responding26% Some familiarity24% Familiar20% Very familiar 2021 The Linux Foundation17% Not familiar at all12% Extremely familiar1% Don't know / not sure15

Blockchain Use CasesQ11. Which one statement best describes blockchain technology? Choose one.N 236, single response, percent responding41% A component that can beused to create a distributeddatabase that multiple companiescan securely interact with28% Groups of transactions thatreference prior transactions tocreate an auditable history26% A cryptographic datastructure that can be sharedbetween multiple entities 2021 The Linux Foundation3% Bitcoin1% A network that will eventuallyreplace banks1% Don’t know0% A tool to bypass regulationsand avoid law enforcementagencies16

Blockchain AdoptionQ12. Which of the following best describes your organization when it comes to business blockchain technologies?N 220, single response, percent responding33% Already has implemented,or is currently implementingblockchain technologies22% Currently evaluating ortesting blockchain technologies20% Have discussed blockchaintechnologies 2021 The Linux Foundation12% Blockchain technologies arenot currently on our radar screen8% Don’t know5% Accepts cryptocurrency as apayment mechanism17

If Blockchain Not Being Considered/UsedQ13. If blockchain is NOT yet being considered, how likely is it that your organizationwill evaluate business blockchain technologies in the next two years?N 43, single response, percent responding28% Don’t know16% Not very likely23% Somewhat likely12% Not at all likely19% Very Likely2% Extremely likely 2021 The Linux Foundation18

Scope of Respondent Decision Makingwith BlockchainQ14. Which of the following describes the extent to which you are involved in decisions around blockchain within your firm?N 189, single response, percent responding46% I have significant influence ordecision-making authority(individually or as part of a group)regarding blockchain31% I have some influence orinput into decisions (individuallyor as part of a group) regardingblockchain 2021 The Linux Foundation14% I am not involved inblockchain decision making10% I have little or no influenceor input on decisions regardingblockchain19

Experience in Blockchain Application DevelopmentQ15. Do you or will you have hands-on experience developing applications for blockchain technologies?(E.g. supply chain tracking, asset tracking, cryptocurrency payments)N 189, single response, percent responding59% Yes 2021 The Linux Foundation29% No12% Don’t know or not sure20

Are Blockchain Applications in Development?Q16. What type of blockchain applications are being developed or might be deployed within your organization?N 188, single response, percent responding59% Type of application(please specify) 2021 The Linux Foundation42% Don’t know or not sure21

Blockchain Applications in DevelopmentQ16. What type of blockchain applications are being developed or might be deployed within your organization?N 189, multiple response, percent respondingTokenizationData ty 2021 The Linux rastructureSupply althRecordsMarkets/Exchange/Sharing EconomyFinancialInsitutionsTelco22

Blockchain Application CategoriesQ17. Which of the following best categorize the blockchain application(s) beingdeveloped or deployed within your organization? Check all that apply.N 189, multiple response, percent responding43% Financial Services39% Supply Chain33% Identity26% Education & Research22% Government & Legal20% Healthcare16% Energy & Resources13% Non-profit & Social Impact13% Mobility & Transport12% Media & Entertainment7% Other (please specify) 2021 The Linux Foundation23

Words to Describe BlockchainQ18. What words would you use to describe “business blockchain technology?” There are no right or wronganswers. Simply type in the first words that come to mind when you think about business blockchain technology.N 159, single response, percent abilityCryptographicAuditableShared Transparent DeFiEnterpriseLevel Supply ontractsLedgerPermissioned 2021 The Linux tiumPrivacyGovernanceNew inFutureIdentificationCrypto24

Blockchain GrowthQ19. Where do you see business blockchain technology going over the next 2 years?N 159, single response, percent responding52% Growing rapidly35% Growing moderately9% Growing slowly 2021 The Linux Foundation3% Contracting rapidly1% No change1% Contracting slowly0% Contracting moderately25

Words to Describe BlockchainQ20. Please identify the first five business blockchain technology projects or brands you can think of.Name up to five brands or projects in the spaces below.N 159, single response, percent SawtoothSmartAssetManagement 2021 The Linux TrustSovrinTradeLens26

Business Blockchain: Brand FamiliarityQ21. When it comes to business blockchain, how familiar are you with the following brands?N 159, single response per row, percent respondingAlgorandConsenSys QuorumCordaDigital AssetEthereumHederaExtremely FamiliarHyperledgerVery FamiliarHyperledger BesuSomewhat FamiliarHyperledger BurrowOnly Know the NameHyperledger FabricHave Not Heard OfHyperledger IndyHyperledger IrohaHyperledger SawtoothTangle / IOTA0% 2021 The Linux Foundation20%40%60%80%100%27

What Best Describes each Blockchain BrandQ22. Which of the following best describes each brand?N 159, single response per row, percent respondingAlgorandConsenSys QuorumCordaDigital AssetEthereumHederaOpen source consortiumHyperledgerCollaborative projectHyperledger BesuBlockchain platformHyperledger BurrowCryptocurrencyHyperledger FabricDon't knowHyperledger IndyHyperledger IrohaHyperledger SawtoothTangle / IOTA0% 2021 The Linux Foundation20%40%60%80%100%28

Blockchain Brand PerceptionsQ23. What are your perceptions of each of the following brands?N 142, single response per row, percent respondingAlgorandConsenSys QuorumCordaDigital AssetEthereumHederaVery positiveHyperledgerSomewhat positiveHyperledger BesuNeutralHyperledger BurrowSomewhat negativeHyperledger FabricVery negativeHyperledger IndyHyperledger IrohaHyperledger SawtoothTangle / IOTA0% 2021 The Linux Foundation20%40%60%80%100%29

Blockchain Constructs that arePart of HyperledgerQ24. Name any blockchain technologies or projects(e.g. codebases, frameworks, platforms, tools) that are part of Hyperledger.N 159, single response, percent ledgerHyperledgerHyperledger ledgerCaliper 2021 The Linux erledgerCactusD.CCorda30

Hyperledger AttributesQ26. How effectively do the following statements describe Hyperledger?N 142, single response per row, percent respondingBuilt by and for enterprisesOpen sourceStrong governance modelBacked by many leading companiesLong track record of successHas well-established use casesDescribes completelyIs part of a non-profit foundationDescribes somewhatIs a brand that I trustDoes not describe at allEvolves to meet new demandsDevelops production-ready technologiesProvides access to blockchain vendorsand partnersEnables the development and tradingof non-fungible tokens (NFTs)0% 2021 The Linux Foundation20%40%60%80%100%31

Blockchain MaturityQ27. Which of the following best describes the stage of development yourorganization is in with regard to blockchain technology?N 140, single response, percent responding27% Pre-proof of concept25% Production deployment22% Proof of concept 2021 The Linux Foundation10% Don’t know or not sure7% No development intention5% Field trials4% Stalled post-pilot32

Future Blockchain Deployment PlansQ28. If your organization is not yet deploying blockchain technology,how long do you think it will be before it is ready to do so?N 140, single response, percent responding26% N/A18% Within 6 months14% Within 12 to 18 months12% More than 18 monthsfrom now 2021 The Linux Foundation11% Don’t know or not sure10% Within 9 to 12 months9% Within 6 to 9 months0% Never33

Most Likely Technologies to be LeveragedQ29. Which of these technologies are most likely to be considered, evaluated,or implemented within your organization? Check all that apply.N 140, multiple response, percent responding58% Hyperledger Fabric53% Ethereum45% Hyperledger21% Corda21% Hyperledger Indy19% Digital Asset18% Don't know or not sure14% ConsenSys Quorum14% Hyperledger Besu11% Hyperledger Sawtooth8% Algorand6% Tangle / IOTA5% Hedera4% Hyperledger Burrow3% Hyperledger Iroha 2021 The Linux Foundation34

Hyperledger Tools Most Likely to be ImplementedQ30. Which Hyperledger tools are most likely to be considered, evaluated, or implemented? Check all that apply.N 140, multiple response, percent responding54% Don’t know or not sure30% Hyperledger Explorer21% Hyperledger Calilper15% Hyperledger Cactus11% Hyperledger Cello7% Hyperledger Avalon7% None of the above 2021 The Linux Foundation35

Appealing Blockchain AttributesQ31. Imagine a hypothetical business blockchain technology was brought to market that includedthe following features. To what extent, if at all, do you find these features “appealing”?N 140, single response per row, percent respondingBuilt by and for enterprisesOpen sourceStrong governance modelExtremely appealingBacked by many leading companiesVery appealingMade up of multiple projectsSomewhat appealingLong track record of successNot very appealingNot appealing at allReady to use in production todayProvides access to blockchain vendorsand partnersEnables the development and tradingof non-fungible tokens (NFTs)0% 2021 The Linux Foundation20%40%60%80%100%36

Benefits of Business BlockchainQ32. What do you see as the main benefits of business blockchain technologies? Check up to 5.N 139, multiple response, percent responding72% Decentralized databases to increase accountability,even in instances where the individual actors may notbe trusted68% Creating a single source of truth among multipleparticipants/elimination of reconciliation60% Auditability—creation of an append-only audit trail55% Ability to share data with a greater degree of security52% Quality assurance with traceability of goods ortransactions42% Software standards to keep everyone in the shared ecosystem in sync with transparent, verifiable ledger entries40% Reducing operating costs28% Overall efficiency19% Creating new revenue sources1% Don’t know or not sure1% Other (please specify) 2021 The Linux Foundation37

Challenges of Business BlockchainQ33. What do you see as the most significant challenges to the adoption of business blockchain technology?Check up to five that apply.N 139, multiple response, percent responding58% Lack of technology maturity50% Too difficult to adopt and connect to legacy systems49% Difficult to explain to senior management48% Regulatory risks (e.g. unsure where government will come out)34% Costly migration32% Absence of regulation24% Limited governing body19% Concentration of power17% Security risks, hacking14% Competitive concerns (e.g. lack of privacy)10% Lack of control6% No accountability10% Other (please specify) 2021 The Linux Foundation38

sLevel of Agreement with BlockchainCharacteristicsQ34. Please indicate the extent to which you agree or disagree with the following statements:N 139, single response per row, percent respondingThere is little differentiation acrossdifferent blockchain technologies todayBlockchain will become a core technologyof the futureBlockchain will enable new businessmodels to emergeAgree stronglyAgree somewhatThere is confusion between businessblockchains and cryptocurrenciesNo opinionBlockchain technology is bad for theenvironmentSomewhat disagreeDisagree stronglyI’d rather contribute to/implement aplatform with tokensBusiness blockchains are just as secureas permissionless blockchains0% 2021 The Linux Foundation20%40%60%80%100%39

Interest in Participating in an Open SourceBlockchain ProjectQ35. How interested would you be in participating in an open source projectthat develops business blockchain technologies?N 139, single response, percent responding46% Extremely interested28% Very interested19% Somewhat interested 2021 The Linux Foundation5% Not very interested2% Already participating0% Not at all interested40

Benefits of ParticipationQ36. If at least somewhat interested or already participating, what do you see as thebenefits of participating in an open source organization? Check all that apply.N 138 multiple response, percent responding73% Keeps me up to date with leadingtechnologies and trends66% Gaining skills64% Builds my professional network45% Builds my company’s partnershipnetwork39% Participation helps my organization38% Improving my job prospects26% Externalizes my company’s use case26% Facilitates upstreaming our changesto the project20% Recruiting developers is easier20% Safeguards my company’sblockchain technology investment5% Other (please specify) 2021 The Linux Foundation41

Should Hyperledger Change its Name?Q37. Should Hyperledger change its name to Hyperledger Foundation?N 138 single response, percent responding45% Yes 2021 The Linux Foundation25% No30% Not sure42

outube.com/user/TheLinuxFoundationOctober 2021Copyright 2021 The Linux FoundationThis report is licensed under the Creative Commons Attribution-NoDerivatives 4.0International Public License.

Blockchain Adoption Q12. Which of the following best describes your organization when it comes to business blockchain technologies? N 220, single response, percent responding 33% Already has implemented, or is currently implementing blockchain technologies 22% Currently evaluating or testing blockchain technologies 20% Have discussed blockchain

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