Mapping out the blockchain ecosystem in Canada

Quick Take

  • Fifty-one percent of Canadian companies surveyed by Deloitte in 2018 were already investing in blockchain, and a study by Bank of Canada found that 5% of Canadians own bitcoin
  • The nation has been well-positioned in attracting mining businesses due to its colder climate and low energy costs
  • The Block has mapped out 59 companies across 12 different sub-categories headquartered in the Great White North
Canada has become home to an assortment of blockchain companies. A report by Chamber of Digital Commerce Canada found that 96% of Canadian businesses with 500 employees or more have considered incorporating blockchain technology into their business. A survey by Deloitte in 2018 found 51% of responding companies in Canada were already investing in blockchain, […]

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