Industry landscapes
Industry report

Funding and advertised pay are reported in USD; filed accounts retain their stated source currency and basis.

Exchange-rate basis

Indicative conversions use ECB reference rates dated 2026-09-14, applied consistently across all periods. They are not historical exchange rates. Indian rupees may use crore (1 crore = 10 million); other currencies use K, M and B. CSV downloads, source documents and quoted news headlines retain their original currencies.

THE CANADA EDITION 2026

Canada’s
blockchain technology industry,
in focus.

The companies, capital and talent shaping blockchain technology in Canada. Find the leaders. Understand the segments. See where the activity is.

Snapshot: Funding in USD
Illustrated cover for Blockchain Technology Industry Landscape of Canada
CA
COMPANIES · CAPITAL · TALENT

An industry ecosystem,
measured in context.

Blockchain Technology illustration
MEET THE COMPANIES

Explore Canada’s blockchain technology leaders

24 featured companies from the funding, hiring, revenue and team-size leaderboards.

Expand panel +
Blockchain Technology company highlights in Canada, snapshot 31 August 2026
Company
Wealthsimplewealthsimple.com$1.29B7 roles29
Bitfarmsbitfarms.com$855.49M7 roles140
Dapper Labsdapperlabs.com$665.59M3 roles549
Blockstreamblockstream.com$651.07M6 roles30
LayerZero Labs Canada Inclayerzero.network$318.33M40
HIVE Blockchain Technologieshiveblockchain.com$244.52M35
Figmentfigment.io$165M120
Lednledn.io$154.25M54
Hut 8hut8.com11 roles
Steersteer.finance9 roles5
Shakepayshakepay.com4 roles71
DIGITALdigital.gold3 roles
3Commas3commas.io270
Aquanowaquanow.io100
Cathedracathedra.com5
CoinPaymentscoinpayments.net53
DMGdmgblockchain.com23
Digihostdigihost.ca15
Ethereumethereum.org1
FRNT Financialfrnt.io12
Hut 8 Mininghut8mining.com71
Informal Systemsinformal.systems57
Margexmargex.com
NDAXndax.io55
24 featured companies

Locked revenue figures are available in Radar; the eight company financial previews stay the same throughout this page. A dash means the figure is outside these featured lists. Revenue years vary by company; the figures are not a like-for-like revenue comparison. Compare annual accounts ↗

Company discovery

Recorded evidence only
THE KEY SIGNALS

Blockchain Technology industry KPIs in Canada

A few useful ratios bring the size of this ecosystem into perspective.

31 August 2026
Hiring participation2.6%

28 of 1,081 tracked companies have open roles.

Funding participation18.9%

204 of 1,081 tracked companies have a recorded round.

Top 3 funding share43.9%

Share of disclosed capital received by the three largest recorded recipients.

Median disclosed round$2.3M

Midpoint of 343 rounds with a disclosed amount.

Scale is concentrated. Opportunity is broader. The three largest funding recipients hold 43.9% of disclosed capital, while 81.1% of tracked companies have no recorded funding round.

Explore the segments →
CAPITAL & COMPANY FORMATION

How Canada blockchain technology has grown

Recorded company formation and disclosed funding across the complete annual series shown.

Expand panel +
2016 — 2025

Disclosed funding by year

Sum of recorded funding rounds · USD

Canada blockchain technology
$0$767.68M$1.54B$2.3B$3.07B2016: $55.23M20162017: $277.94M20172018: $394.25M20182019: $173.37M20192020: $175.79M20202021: $2.69B20212022: $524.28M20222023: $352.85M20232024: $390.87M20242025: $1.27B2025
View the numbers
Annual blockchain technology funding and company formation in Canada
YearFunding (USD)FoundedRaising
2016$55.23M394
2017$277.94M10917
2018$394.25M11622
2019$173.37M7114
2020$175.79M9020
2021$2.69B17462
2022$524.28M12140
2023$352.85M4328
2024$390.87M2839
2025$1.27B8624
WHERE CAPITAL SITS

Funding concentration

Share of all disclosed company funding.

  • Wealthsimple20.2%
  • Bitfarms13.3%
  • Dapper Labs10.4%
  • Other companies56.1%

Funding by stage

418 recorded rounds since 2016

NUMBER OF ROUNDS
Seed & Angel154 36.8%
Series A–B72 17.2%
Series C+ / PE14 3.3%
Grants, debt & other178 42.6%

Recent recorded rounds

Latest recorded rounds · USD
5 rounds

Swipe or scroll horizontally to browse.

Post IPO02/2026
GCAC $732.29K

Backed by .

Largest and notable recorded rounds

Each card is one recorded round
10 cards

Swipe or scroll horizontally to browse.

THE BUSINESS BEHIND THE ACTIVITY

Revenue, profitability & financial strength

Expand panel +

Annual accounts availability

The measured Canada identity-to-filing probe did not produce a qualifying designated legal or national-ID join: world_filings_distributed exposes no reviewed Canadian national-ID key; none of the designated Canadian identities carried a CIK.

DIGITAL FOOTPRINT

Web traffic, app reach and release cadence

How the Canada companies on this page show up online: the sites people visit, the apps they install, and how often those apps ship.

Busiest websites

9 of the 1,081 companies on this page carry a measured traffic record (0.8%); these are the largest of those, by monthly visits. The median among them is 243,301 visits.

CompanyMonthly visitsAuthorityMobile
Wealthsimplewealthsimple.com8,595,4126631.4%
Biconomybiconomy.com3,423,377300.6%
Spicenetspicenet.io3,368,770190.7%
Shakepayshakepay.com287,6523684.1%
3Commas3commas.io243,3014838.4%
NBA Top Shotnbatopshot.com196,6734328.7%
Fonefone.dev59,76325100%
HoneyPothoneypotfinance.xyz51,362120%
FinRexfinrex.com53170%

Visits and authority are third-party web estimates, not company-reported figures.

Most-installed apps

51 of these companies (4.7%) publish at least one Android app — 61 apps in all, carrying 14.6M installs between them.

Installs are lifetime totals to date at the June 2026 store reading — a measure of reach, not of people using an app today.

App reach by segment

The busiest app inside each of this page’s own segments, with the quarterly release trend behind it (2023Q1–2026Q1).

SegmentAppsInstallsLeading appRelease trend
Cryptocurrencies4712.3MFone Wallet - AI, NFTs, DePIN 3.3M
Investment Tech43.8MWealthsimple - Grow your money 3.3M
Metaverse21.8MRoam: FREE Global eSIM & WiFi 1.4M
Blockchain Infrastructure81.8MBlockstream BTC Wallet (Green) 345.3K
Non Fungible Tokens7500.3KStadium Live - Predict Sports 379.2K
Sports Tech2460.1KNBA Top Shot 80.9K
Pc & Console Gaming2392.1KVoxie Tactics 12.9K
Payments29.8KBidali - Pay & Earn Cash Back 9.8K

A company can carry several segment tags, so these rows overlap and should not be added together. Trend lines are zero-based and share one quarter grid, so a flat line is a quiet segment, not a missing one.

Release cadence by quarter

New apps published, beside apps whose most recent update landed in that quarter — the second bar is how much of the shelf is still being maintained.

2022Q4: 52022Q4: 02022Q42023Q1: 22023Q1: 02023Q12023Q2: 62023Q2: 22023Q22023Q4: 32023Q4: 02023Q42024Q1: 12024Q1: 02024Q12024Q3: 32024Q3: 32024Q32024Q4: 22024Q4: 02024Q42025Q1: 32025Q1: 32025Q12025Q2: 12025Q2: 02025Q22025Q3: 42025Q3: 52025Q32025Q4: 12025Q4: 122025Q42026Q1: 12026Q1: 52026Q1

Darker bars are new releases, lighter bars apps updated. 54 of 61 apps carry a release date. The series ends at 2026Q1, the last quarter that closed before the June 2026 reading.

INSIDE THE INDUSTRY

The Canada blockchain technology market map

Explore the segments behind the headline numbers.

Expand panel +

Where companies are building

Rank segments by scale, hiring or disclosed funding.

Fintech720
Blockchain in financial services671
Consumer digital629
Web 3.0486
Enterprise tech327
Decentralized finance258
Deep tech225
Crypto trading platforms149
Enterprise software103
Marketplaces86
Blockchain protocols71
Crypto exchanges61

Companies can sit in several segments. Counts and funding overlap.

SEGMENT TO EXPLORE

Fintech

The largest measured segment in this report snapshot.

720companies
2.6%have hiring activity

19 companies hiring · $4.41B disclosed funding

Explore in Radar

How companies make money

Common revenue models; a company can use more than one.

Subscription745
Commission on transaction578
E-commerce - service292
Fee-for-service231
Advertising148
E-commerce - product92
Freemium32
Lending32
THE COMPANIES IN MOTION

Who is listing, hiring leaders, launching and winning work

Recorded corporate activity linked to companies in this landscape.

Expand panel +
Recent corporate headlines 10 dated reports
Funding roundshut8.com ↗

Bitcoin miner Hut 8 secured $150 million from Coatue in 2024 to build an AI infrastructure platform.

Funding roundsbobamintco.com ↗

Second $250,000 Private Placement Further to the closing of the $250,000 private placement on January 15, 2026, which was led by Andrew Shore, CEO of the Company, the Company is pleased to announce that it is arranging a second non-brokered private placement of a minimum of 2,500,000 common shares and a maximum of 5,000,000 common shares, at an issue price of $0.10 per share, for gross proceeds to the Company of a minimum of $250,000 and a maximum of $500,000 (the "Offering").

Mergers & acquisitionsnewton.co ↗

Just two years later, however, Magnetic has exited Newton’s ownership, following a management buy-out.

Funding roundsglobalcompliance.app ↗

Global Compliance Applications Corp. (CSE: APP) (OTC Pink: FUAPF) (“GCAC” or the “Company“) is pleased to announce that further to its news release on March 20, 2026, it has closed a private placement financing for gross proceeds of CAD$103,030 and issued 9,366,364 Units @ $0.011 per Unit.

Mergers & acquisitionstokens.com ↗

Midvale, UT – Bed Bath & Beyond has announced the acquisition of Tokens.com (https://www.tokens.com/).

Mergers & acquisitionsethereum.org ↗

previously had acquired over 40,000 ETH ... valued at approximately $117 million.

Mergers & acquisitionssdm.co ↗

The acquisition of SDM represents a critical inflection point in Belrise’s expansion into high-precision, safety-critical aerospace manufacturing.

Funding roundsprophecydefi.com ↗

Prophecy DeFi Inc. (CSE: PDFI) ("Prophecy DeFi" or the "Company") is pleased to announce it intends to raise up to $600,000 through the issuance of up to 5,000,000 units (the "Units") at a price of $0.12 per Unit in a non-brokered private placement financing (the "Private Placement").

Mergers & acquisitionsblueskydigitalassets.com ↗

Bluesky Digital Assets Corp. announced a binding letter of intent (LOI) to acquire ChessGold Inc.

Full recorded event mix

Top 10 categories among 409 recorded events in the 24-month window.

Earnings
96
Leadership moves
57
Funding rounds
51
Company announcements
42
Asset acquisitions
37
Contracts
35
Mergers & acquisitions
29
Board Updates
20
Lawsuit
9
Regulatory
9
6 activity cards

Swipe or scroll horizontally to browse.

IPO pipeline

2 companies with recorded IPO activity

Boba Mint ↗

OFS · CSE1 reports

Bitfarms ↗

OFS · NASDAQ1 reports

Leadership moves

20 tracked people moves

Bitfarms ↗
Thomas Tyree III

Appointment Senior Vice President, Finance & Strategy

Bitfarms ↗
Tara Goldstein

Appointment Senior Vice President of Marketing

Bitfarms ↗
Christopher Ruppel

Appointment Senior Vice President of Power

Newton ↗
Wil Schoenmakers

Appointment Global Head of Retail and Consumer Goods

Newton ↗
Benoît Laclau

Appointment Senior Partner for Global Energy and Infrastructure

Newton ↗
Tony Ward

Appointment Lead of North American Expansion of Newton’s Consumer Team

Boba Mint ↗
Allen Spektor

Resignation Previously Director

Boba Mint ↗
Andrew Shore

Appointment Chief Executive Officer

Product launches

Products, platforms and features in the recorded window

APX Lending ↗
USDC loans

Cryptocurrency Lending

Litigation

7 tracked suits

Company
flow foundation, dapper labs v the three major South Korean exchanges

stay of exchange decision regarding FLOW trading support terminationCivil · Filed

Company
wonderfi v British Columbia Registrar of Companies

extension of annual general meeting deadlineRegulatory · Ongoing

Earnings pulse

Reported company results in the recorded window.

15companies
91period observations
33.0%median reported growth

Median across 55 reported growth observations; companies may contribute multiple periods.

Mergers and acquisitions

Company-linked deal reports; status is preserved as recorded.

Acquirer → targetStatusDateValue / context
NewtonmagneticCompleted2026-05-01Not stated in snapshot
Magnetic ManagementNewton ↗Completed2026-05-01Not stated in snapshot
bed bath & beyondTokens.com ↗Announced2026-04-02Not stated in snapshot
Bluesky Digital AssetsChessGold Inc.Announced2026-02-18Not stated in snapshot
Tom Lee’s BitmineEthereum ↗Completed2026-02-09$42.0M
belrise industriesSDM ↗Completed2026-02-04Not stated in snapshot

A discussion or rumour is not a completed transaction. An unstated value is not zero.

PEOPLE & OPPORTUNITY

The talent market

292 postings in the preceding 12 months. The full 646-posting snapshot covers 54 employers.

Expand panel +

Most advertised job titles

Rn Registered Nurse16
Scrum Master13
Développeur Java12
Operations Assistant12
Architecte Logiciel11
Technical Writer10
0 internship postings

10 tracked postings mention remote work.

The seniority mix

211 postings specify a level.

unspecified
435
manager
114
senior
61
lead
30
entry
5
intern
1
ADVERTISED PAY$60.2K/ year

Median across 115 postings with pay data, expressed in USD.

THE PEOPLE BUILDING THE FIELD

Founders and leaders

503 founders and chief executives across 395 companies.

Expand panel +
12 profiles

Swipe or scroll horizontally to browse.

Education networks

68 profiles with education records.

University of Waterloo
18
University of Toronto
12
McGill University
6
King’s College London
3
Stanford University
3
Harvard Business School
3
University of Pennsylvania
2
Columbia University
2

Prior employers

11 profiles with prior-work records.

McKinsey
3
Microsoft
3
Apple
1
Facebook
1
Google
1
Boston Consulting Group
1
Amazon
1

Profiles cover recorded founders and leaders; contact details remain in Radar.

NEWS INTELLIGENCE

How this industry appears in the news

1,361,171 articles in the measured 12-month window.

Expand panel +
1,361,171articles in the measured year
181,227articles in 2026Q1
17.7%positive tone in the latest complete year

News volume trends

Blockchain Technology coverage across Canada · articles per complete quarter

0253,662507,323760,9851,014,6462021Q2: 365,0482021Q22021Q3: 377,5452021Q4: 376,1482022Q1: 394,7082022Q2: 390,0272022Q22022Q3: 408,2182022Q4: 457,5042023Q1: 471,6782023Q2: 462,4392023Q22023Q3: 420,3602023Q4: 366,9792024Q1: 370,0822024Q2: 359,2922024Q22024Q3: 332,5602024Q4: 346,3422025Q1: 536,4512025Q2: 332,5152025Q22025Q3: 882,3012025Q4: 133,8902026Q1: 181,2272026Q1
View quarterly article counts
QuarterArticles
2021Q2365,048
2021Q3377,545
2021Q4376,148
2022Q1394,708
2022Q2390,027
2022Q3408,218
2022Q4457,504
2023Q1471,678
2023Q2462,439
2023Q3420,360
2023Q4366,979
2024Q1370,082
2024Q2359,292
2024Q3332,560
2024Q4346,342
2025Q1536,451
2025Q2332,515
2025Q3882,301
2025Q4133,890
2026Q1181,227

Article volume measures coverage, not market sales.

Tone of coverage over time

2021
197,829 positive · 911,696 neutral · 95,529 negative
2022
264,099 positive · 1,247,682 neutral · 137,842 negative
2023
304,378 positive · 1,275,536 neutral · 140,589 negative
2024
322,461 positive · 933,519 neutral · 151,358 negative
2025
332,948 positive · 1,342,523 neutral · 208,721 negative

Leading coverage topics

Blockchain Technology coverage across Canada · ranked by full-period article count.

Administrative And Political Subdivisions4,177,694 articles in the full recorded period
899,080 recent · 769,874 prior
Geographic Naming Conventions And Etymology81,142 articles in the full recorded period
44,908 recent · 8,623 prior
International Sports Competitions39,159 articles in the full recorded period
9,887 recent · 9,720 prior
Trade Policies And Agreements34,445 articles in the full recorded period
10,512 recent · 20,146 prior
International Political Relations29,123 articles in the full recorded period
9,220 recent · 7,830 prior
Olympic Games Coverage22,942 articles in the full recorded period
5,735 recent · 5,850 prior
Sports Broadcast Rights Updates17,024 articles in the full recorded period
2,086 recent · 3,268 prior
Security And Defense Policies16,842 articles in the full recorded period
4,771 recent · 4,234 prior
Hockey Fan Culture And Traditions16,176 articles in the full recorded period
1,115 recent · 3,181 prior
Sports Governance And Policy Changes16,033 articles in the full recorded period
2,923 recent · 3,104 prior

Recent and prior counts use the source comparison windows.

Topics gaining and losing attention

Blockchain Technology coverage across Canada

KeywordRecentPriorChange
startup news1,975559253%
multilateral diplomacy1,07072647%
angel investors1,033386168%
ice sports873228283%
international cups81757143%
market snapshot801215273%
wto rulings75639492%
investment deal72244762%
national security strategy62838762%
public offering59742441%
tariff negotiations6,31115,298-59%
free trade deals3,1386,379-51%
trade dispute mechanisms2,9394,670-37%
bilateral trade1,9273,513-45%
preferential tariff1,2853,321-61%

Event and signal lenses

Blockchain Technology coverage across Canada

All complete annual cohorts shown
Rising

Regulatory Risk

551,774 classified articles

tariff negotiations, free trade deals, trade dispute mechanisms

37.0% critical · 35.4% positive
Rising

Funding Momentum

149,564 classified articles

angel investors, investment deal, trade deficits fx

28.7% critical · 43.2% positive
Rising

Growth

222,506 classified articles

league expansion news, earnings report, quarterly financials

26.9% critical · 47.1% positive

Blockchain Technology coverage across Canada. Topic labels describe recorded classifications and can include broad context.

RESEARCH SIGNALS

What Blockchain Technology research is working on

52,518 papers in the recorded worldwide scope.

Expand panel +
52,518papers
52,518worldwide comparison pool
India-affiliated papers

Research orientation

Breakthrough
18,064
Promising
17,596
Problem-identifying
7,918
Descriptive
5,111
Cautionary
2,046
Comparative
1,363
Critical
420

Contribution mix

Methods-led
30,312
Empirical
9,132
Reviews
8,260
Position pieces
3,943
Theoretical
871

Tone counts: 50,048 positive · 868 neutral · 1,602 negative.

Common problems researchers identify
8,338 papers · 15.9% of this field
  • Blockchain7,054 papers
  • Computer security2,491 papers
  • Cryptocurrency809 papers
  • Supply chain754 papers
  • Transparency609 papers
  • Distributed ledger539 papers
  • Internet of Things493 papers
  • Smart contract439 papers

Landmark: Blockchain technology and its relationships to sustainable supply chain management

Cautions
2,046 papers · 3.9% of this field
  • Blockchain1,716 papers
  • Computer security477 papers
  • Transparency256 papers
  • Supply chain253 papers
  • Cryptocurrency203 papers
  • Database transaction143 papers
  • Distributed ledger128 papers
  • Scalability124 papers

Landmark: Blockchain technology: principles and applications

Opportunities
35,660 papers · 67.9% of this field
  • Blockchain29,262 papers
  • Computer security11,114 papers
  • Supply chain3,027 papers
  • Transparency2,935 papers
  • Scalability2,764 papers
  • Database transaction2,537 papers
  • Smart contract2,410 papers
  • Internet of Things2,158 papers

Landmark: Ethereum: A Secure Decentralised Generalised Transaction Ledger

Leading institutions

Beijing University of Posts and Telecommunications
16,725
University of Electronic Science and Technology of China
13,609
Sun Yat-sen University
13,084
Commonwealth Scientific and Industrial Research Organisation
12,886
Nanyang Technological University
11,775
UNSW Sydney
11,594

Leading researchers

Zibin Zheng
10,208
Dusit Niyato
7,129
Khaled Salah
6,612
Joseph Sarkis
6,172
Kim‐Kwang Raymond Choo
5,983
Hong‐Ning Dai
5,616
Mahtab Kouhizadeh
5,437
Gavin Wood
5,313

Highly cited breakthrough-labelled papers

  • Ethereum: A Secure Decentralised Generalised Transaction Ledger5,313 citations
  • Decentralizing Privacy: Using Blockchain to Protect Personal Data2,482 citations
  • MedRec: Using Blockchain for Medical Data Access and Permission Management2,377 citations
  • Hawk: The Blockchain Model of Cryptography and Privacy-Preserving Smart Contracts2,164 citations
  • Blockchain Revolution: How the Technology Behind Bitcoin Is Changing Money, Business, and the World1,671 citations

Common problems researchers identify

7,570 papers · 7 recurring themes
7 cards

Swipe or scroll horizontally to browse.

Governance and Transparency ChallengesCommon problems researchers identify · 01

Governance and Transparency Challenges

2,099 papers

35.0% of this theme group

Researchers highlight difficulties in using blockchain for corporate governance, financial transparency, and sustainable development.

Blockchain (1,813) · Corporate governance (168) · Cryptocurrency (266) · Transparency (222)

Blockchain - A Financial Technology for Future Sustainable Development

A Survey of Blockchain: Techniques, Applications, and Challenges

View research history
YearShare index
2022165.3
2023163.1
2024134.6
2025224.6
Security and Privacy ThreatsCommon problems researchers identify · 02

Security and Privacy Threats

1,621 papers

27.0% of this theme group

Papers discuss fundamental security and privacy vulnerabilities inherent to blockchain and related cryptographic systems.

Computer security (1,344) · Blockchain (1,535) · Internet privacy (147) · Cryptography (83)

A Survey of Blockchain Security Issues and Challenges

Blockchain Security and Privacy: Threats, Challenges, Applications, and Tools

View research history
YearShare index
2022628.2
2023629.9
2024547.5
2025476.0
Supply Chain Traceability IssuesCommon problems researchers identify · 03

Supply Chain Traceability Issues

669 papers

11.2% of this theme group

Studies examine obstacles to applying blockchain for reliable traceability and management in supply chains.

Supply chain (517) · Supply chain management (170) · Blockchain (626) · Traceability (172)

A Framework for Exploring Blockchain Technology in Supply Chain Management

Perspectives for the implementation of blockchain technology in the supply chain

View research history
YearShare index
2022876.7
2023925.0
2024897.6
2025961.2
Healthcare Data Protection ConcernsCommon problems researchers identify · 04

Healthcare Data Protection Concerns

444 papers

7.4% of this theme group

Works focus on protecting health records and ensuring privacy when blockchain is used in medical contexts.

Health care (256) · Blockchain (420) · Computer security (195) · Health records (22)

Privacy and Security of Blockchain in Healthcare: Applications, Challenges, and Future Perspectives

Application of Blockchain Technology in the Healthcare System

View research history
YearShare index
20223420.8
20233427.0
20243092.7
20253244.1
IoT Security and Privacy GapsCommon problems researchers identify · 05

IoT Security and Privacy Gaps

397 papers

6.6% of this theme group

Research points to unresolved security and privacy problems when integrating blockchain with Internet‑of‑Things devices.

Internet of Things (316) · Blockchain (371) · Computer security (250) · Internet privacy (43)

Addressing Security and Privacy Issues of IoT Using Blockchain Technology

Towards the Integration of Blockchain and IoT for Security Challenges in IoT

View research history
YearShare index
20221157.8
20231172.0
20241228.6
2025997.6
Smart Contract VulnerabilitiesCommon problems researchers identify · 06

Smart Contract Vulnerabilities

389 papers

6.5% of this theme group

Analyses reveal weaknesses and attack surfaces in smart contracts built on blockchain platforms.

Smart contract (283) · Computer security (174) · Blockchain (212) · Vulnerability (28)

An Overview of Smart Contract and Use Cases in Blockchain Technology

Security, Performance, and Applications of Smart Contracts: A Systematic Survey

View research history
YearShare index
202254.1
202353.6
202432.7
202534.5
Distributed Ledger Standardization HurdlesCommon problems researchers identify · 07

Distributed Ledger Standardization Hurdles

381 papers

6.3% of this theme group

Authors identify challenges in standardizing distributed ledger technologies and achieving interoperability.

Distributed ledger (320) · Ledger (126) · Cryptocurrency (101) · Blockchain (234)

Understanding the landscape of Distributed Ledger Technologies/Blockchain: Challenges, opportunities, and the prospects for standards

Blockchain and Distributed Ledger Technologies

View research history
YearShare index
2022112.7
2023105.4
202478.5
202595.7

Cautions

1,815 papers · 7 recurring themes
7 cards

Swipe or scroll horizontally to browse.

Audit and Financial Reporting RisksCautions · 01

Audit and Financial Reporting Risks

495 papers

27.3% of this theme group

Cautionary studies warn of potential pitfalls in adopting blockchain for auditing and financial transparency.

Blockchain (450) · Transparency (108) · Corporate governance (57) · Accounting (40)

Impact of Blockchain Technology in Auditing and Financial Transparency

Understanding the Adoption of Blockchain Technology in Financial Information Systems

View research history
YearShare index
2022155.8
2023161.9
2024123.6
2025175.8
Blockchain for Cybersecurity LimitsCautions · 02

Blockchain for Cybersecurity Limits

386 papers

21.3% of this theme group

Papers advise careful evaluation of blockchain’s role in enhancing security for voting and cloud services.

Computer security (317) · Blockchain (374) · Internet privacy (35) · Voting (22)

Blockchain Technology in Cybersecurity: Uses Beyond Cryptocurrencies

Implementation of Blockchain Technology to Enhance Data Security for Cloud Computing

View research history
YearShare index
2022358.8
2023356.5
2024319.1
2025157.0
Scalability and Consensus ConstraintsCautions · 03

Scalability and Consensus Constraints

364 papers

20.1% of this theme group

Research cautions about scalability bottlenecks and proof‑of‑work limitations in blockchain deployments.

Blockchain (285) · Cryptocurrency (64) · Scalability (48) · Proof-of-work system (16)

On Availability for Blockchain-Based Systems

Exploring Blockchain Architectures for Network Sharing: Advantages, Limitations, and Suitability

View research history
YearShare index
2022231.3
2023238.9
2024177.4
2025373.7
Supply Chain Adoption BarriersCautions · 04

Supply Chain Adoption Barriers

253 papers

13.9% of this theme group

Works highlight practical challenges and uncertainties when integrating blockchain into supply chain management.

Supply chain (211) · Supply chain management (72) · Traceability (63) · Blockchain (240)

Blockchain Technology in Supply Chain Management: Prospects and Challenges

Blockchain Technology for Enhancing Supply Chain Transparency: Opportunities and Challenges

View research history
YearShare index
2022876.7
2023925.0
2024897.6
2025961.2
Healthcare Interoperability ConcernsCautions · 05

Healthcare Interoperability Concerns

119 papers

6.6% of this theme group

Studies stress the difficulty of achieving secure, interoperable blockchain solutions in health care.

Health care (86) · Blockchain (113) · Interoperability (30) · Computer security (50)

Blockchain for Securing AI-Driven Healthcare Systems: A Systematic Review and Future Research Perspectives

Healthcare Management using Blockchain

View research history
YearShare index
20223461.9
20233468.2
20243120.7
20253309.3
Ledger Use in Banking RisksCautions · 06

Ledger Use in Banking Risks

109 papers

6.0% of this theme group

Analyses point to regulatory and operational risks of applying distributed ledgers to banking processes.

Distributed ledger (95) · Ledger (44) · Blockchain (71) · Cryptocurrency (22)

Review on Blockchain Technology

BLOCKCHAIN IN BANKING: A REVIEW OF DISTRIBUTED LEDGER APPLICATIONS IN LOAN PROCESSING, CREDIT HISTORY, AND COMPLIANCE

View research history
YearShare index
2022112.7
2023105.4
202478.5
202595.7
Smart Contract Performance RisksCautions · 07

Smart Contract Performance Risks

89 papers

4.9% of this theme group

Research warns of performance and reliability issues in smart contract implementations.

Smart contract (62) · Computer security (29) · Vulnerability (6) · Database transaction (13)

On Smart Contracts and Organisational Performance: A Review of Smart Contracts through the Blockchain Technology

Smart Contract in Blockchain

View research history
YearShare index
2022136.1
2023128.3
202475.4
2025123.6

Opportunities

32,781 papers · 7 recurring themes
7 cards

Swipe or scroll horizontally to browse.

Scalable Sharding and ConsensusOpportunities · 01

Scalable Sharding and Consensus

1,471 papers

24.5% of this theme group

Opportunities focus on novel sharding and hybrid consensus designs to improve blockchain scalability.

Blockchain (1,155) · Distributed computing (188) · Scalability (211) · Database transaction (210)

A Secure and Efficient Blockchain Sharding Scheme via Hybrid Consensus and Dynamic Management

LearningChain: A Highly Scalable and Applicable Learning-Based Blockchain Performance Optimization Framework

View research history
YearShare index
2022595.9
2023574.5
2024366.9
2025473.0
Secure Data Sharing FrameworksOpportunities · 02

Secure Data Sharing Frameworks

1,420 papers

23.7% of this theme group

Papers propose blockchain‑based schemes for trusted authentication and threat‑intelligence exchange.

Computer security (1,028) · Blockchain (1,290) · Authentication (149) · Computer network (123)

A Trusted, Verifiable and Differential Cyber Threat Intelligence Sharing Framework using Blockchain

A Security-Oriented Data-Sharing Scheme Based on Blockchain

View research history
YearShare index
2022703.6
2023649.6
2024443.2
2025199.2
Enterprise Information System SecurityOpportunities · 03

Enterprise Information System Security

1,034 papers

17.2% of this theme group

Research explores blockchain’s potential to strengthen security and reliability of corporate information systems.

Blockchain (967) · Transparency (214) · Computer security (312) · Corporate governance (65)

Enhancing Security and Reliability of Information Systems through Blockchain Technology: A Case Study on Impacts and Potential

Securing Management Information Systems Using Blockchain Technology

View research history
YearShare index
202272.1
202378.6
202469.2
2025147.8
Sustainable Supply Chain ApplicationsOpportunities · 04

Sustainable Supply Chain Applications

596 papers

9.9% of this theme group

Studies showcase blockchain enabling sustainable manufacturing and enhanced traceability in supply chains.

Supply chain (469) · Supply chain management (132) · Traceability (203) · Blockchain (550)

Applications of Blockchain Technology in Sustainable Manufacturing and Supply Chain Management: A Systematic Review

Application of Blockchain in Supply Chain Management

View research history
YearShare index
2022876.7
2023925.0
2024897.6
2025961.2
IoT Privacy and AuthenticationOpportunities · 05

IoT Privacy and Authentication

518 papers

8.6% of this theme group

Works present blockchain solutions for improving privacy, authentication, and efficiency in industrial IoT networks.

Internet of Things (319) · Blockchain (457) · Computer security (268) · Computer network (48)

Resolving Security Issues in the IoT Using Blockchain

Securing Industrial IoT: Blockchain-Integrated Solutions for Enhanced Privacy, Authentication, and Efficiency

View research history
YearShare index
20221384.6
20231369.5
20241291.3
20251018.4
Secure Health Record ExchangeOpportunities · 06

Secure Health Record Exchange

501 papers

8.3% of this theme group

Research highlights blockchain approaches for trustworthy, privacy‑preserving sharing of electronic medical records.

Health care (181) · Blockchain (469) · Computer security (291) · Health records (25)

Secure and Trustable Electronic Medical Records Sharing using Blockchain.

Integrity and Privacy-Aware, Patient-Centric Health Record Access Control Framework Using a Blockchain

View research history
YearShare index
20223420.8
20233427.0
20243092.7
20253244.1
Robust Smart Contract DesignOpportunities · 07

Robust Smart Contract Design

460 papers

7.7% of this theme group

Papers investigate frameworks that enhance security and reliability of smart contracts across domains.

Smart contract (330) · Vulnerability (36) · Computer security (183) · Blockchain (249)

Blockchain contract: Securing a blockchain applied to smart contracts

A framework for smart construction contracts using BIM and blockchain

View research history
YearShare index
202254.1
202353.6
202432.7
202534.5

How this field compares with the research baseline

Orientation shares compared with 25,000 papers in the reference sample.

Research orientationThis fieldReference sample
Breakthrough34.4%26.0%
Promising33.5%37.0%
Problem-identifying15.1%9.7%
Descriptive9.7%17.9%
Cautionary3.9%4.5%
Comparative2.6%4.0%
Critical0.8%1.0%

Concerns receiving less research attention

Counts and shares refer to the stated research pool. A low count describes how much of that research is recorded here, not the absence of a real-world concern.

Concern / example paperPapersShareRaised as a problemWorldwide share
Privacy & surveillanceA Review on the Use of Blockchain for the Internet of Things5,91612.38%1,156 (19.5%)12.38%
Safety & misuseFake News, Disinformation, and Deepfakes: Leveraging Distributed Ledger Technologies and Blockchain to Combat Digital De790.17%16 (20.3%)0.17%
Bias & fairnessToward Fairness of Cryptocurrency Payments630.13%13 (20.6%)0.13%
Hardware, e-waste & supply chainBlockchain Technology for Sustainable Waste Management450.09%2 (4.4%)0.09%
Concentration of compute powerThe (Limited) Power of Blockchain Networks for Information Provision340.07%11 (32.4%)0.07%
Energy & datacenter footprintOptimization of Green Computing in Data Privacy in Healthcare BCT Framework320.07%3 (9.4%)0.07%
Labour & data workProposal for an integrative performance framework based on Distributed Ledger Technology dedicated to higher education s200.04%5 (25.0%)0.04%
Carbon & emissions of computeLattice-Like Blockchain System for Maintaining the Data Privacy in the Distributed Computation of Carbon Emission80.02%0 (0.0%)0.02%
Water use00.0%0 (%)0.0%

Institution and researcher rankings use citations to their covered work. Research scope: worldwide. This may be broader than the company geography.

GEOGRAPHIC FOOTPRINT

Where companies are based

Company counts, hiring and disclosed funding across the recorded hubs.

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UNDERSTAND THE LANDSCAPE

Blockchain Technology in Canada: key questions

Clear definitions for making better comparisons.

What does this landscape measure?

It measures the tracked company ecosystem, recorded funding, hiring and other available evidence. It is not a market-size estimate.

Can segment counts be added together?

No. A company can belong to several segments, so segment counts and funding can overlap.

What does a missing figure mean?

A dash or unavailable panel means the current reviewed source snapshot does not support that figure.

Company ecosystem snapshot: 31 August 2026. Funding is recorded in USD; filed accounts retain their stated currency and reporting basis. Each section identifies its own coverage. The news and research behind these sections is explorable in Prism.

Canonical landscape ↗
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