This year, we saw less of established actors pitching competitors on unilateral projects. Instead, we saw either totally internal initiatives or creative attempts at consortium building (for example, Food Trust, Tradelens, INATBA, Libra), with varying degrees of success. Companies are waking up to the idea that to go far, they ought to go together (as an example, the Forum recently launched a consortium to explore the use of blockchain technology in the mining and metals sector, where a collaborative approach would have been hard to imagine even a few years ago).
Blockchain Projects Work Better When Everyone Collaborates
