Designed for very large companies, the Tezos blockchain is struggling to emerge from the shadow of the giant Ethereum. It is banking on new innovations to catch up. But is it really possible?

Your 3 free articles this month are up

The research your peers are already using

The Big Whale gives financial institutions the market intelligence, network, and platform to move with confidence in digital assets. Trusted by 150+ firms.

What do Ubisoft, Société Générale, Guerlain and Manchester United all have in common?

The Tezos blockchain.

All these world-famous brands work with the protocol of French origin. And despite an ecosystem that is still relatively modest (number of applications and users) Tezos continues to attract new names every month. "You have to give them credit for a certain talent", points out Stanislas Barthélémi, blockchain expert and consultant at KPMG.

Launched in 2018 with the participation of researchers from Inria (the French national institute for research into digital science and technology) and the promise of being the most "scalable" blockchain, Tezos is winning over many customers thanks to two things: firstly, a pitch that is very much geared towards businesses. Secondly, and more importantly, a system of operational teams funded by its foundation to help any company use the protocol.

These "crack teams" are present in various countries, in the UK, Germany, India and of course France. The best known of them is surely Nomadic Labs, which has around 75 employees in Paris.

Grégory Raymond

Gregory Raymond is a French journalist specializing in economics and cryptocurrencies, currently head of research at The Big Whale.

Voir tous les articles ↗
Raphaël Bloch

Raphaël Bloch is co-founder and CEO of The Big Whale, a news platform focused on cryptocurrencies. A former journalist at Reuters, Les Echos, and L’Express, he is a graduate of emlyon and the CFJ.

Voir tous les articles ↗
Format
Analysis
Share this article
Weekly Briefing
Every Friday, cut through the noise with independent analysis on curated news delivered straight to your inbox.
Read by 30,000 professionals
Latest Report
The major shift of banks towards digital assets and blockchain
Download Report

Sind Sie bereit, Ihre Strategie für digitale Vermögenswerte zu beschleunigen?

Kontaktiere uns →