What are our data sources?
We use the data sources on the side for ranking solutions and awarding badges in smart contracts software category. Our data sources in smart contracts software category include;
Smart contracts are designed to automate transactions and to allow parties to agree on the resolution of an event without the need for a central authority. Smart contracts use blockchain ledgers and ensure data safety.
If you’d like to learn about the ecosystem consisting of Smart Contracts Software and others, feel free to check AIMultiple Blockchain.
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We use the data sources on the side for ranking solutions and awarding badges in smart contracts software category. Our data sources in smart contracts software category include;
review websites
social media websites
search engine data for branded queries
According to the weighted combination of 7 data sources
Icertis Contract Management Software
Corda
Chainlink
IBM Blockchain Platform
Azure Blockchain Workbench
Taking into account the latest metrics outlined below, these are the current smart contracts software market leaders. Market leaders are not the overall leaders since market leadership doesn’t take into account growth rate.
Icertis Contract Management Software
Corda
IBM Blockchain Platform
Azure Blockchain Workbench
Chainlink
These are the number of queries on search engines which include the brand name of the solution. Compared to other Blockchain categories, Smart Contracts Software is more concentrated in terms of top 3 companies’ share of search queries. Top 3 companies receive 88%, 9% more than the average of search queries in this area.
8 employees work for a typical company in this solution category which is 13 less than the number of employees for a typical company in the average solution category.
In most cases, companies need at least 10 employees to serve other businesses with a proven tech product or service. 9 companies with >10 employees are offering smart contracts software. Top 3 products are developed by companies with a total of 2k employees. The largest company building smart contracts software is Icertis with more than 2,000 employees.
Taking into account the latest metrics outlined below, these are the fastest growing solutions:
Icertis Contract Management Software
Corda
Chainlink
IBM Blockchain Platform
Azure Blockchain Workbench
We have analyzed reviews published in the last months. These were published in 4 review platforms as well as vendor websites where the vendor had provided a testimonial from a client whom we could connect to a real person.
These solutions have the best combination of high ratings from reviews and number of reviews when we take into account all their recent reviews.
This data is collected from customer reviews for all Smart Contracts Software companies. The most positive word describing Smart Contracts Software is “Easy to use” that is used in 6% of the reviews. The most negative one is “Difficult” with which is used in 5.00% of all the Smart Contracts Software reviews.
According to customer reviews, most common company size for smart contracts software customers is 1-50 Employees. Customers with 1-50 Employees make up 35% of smart contracts software customers. For an average Blockchain solution, customers with 1-50 Employees make up 34% of total customers.
These scores are the average scores collected from customer reviews for all Smart Contracts Software. Smart Contracts Software is most positively evaluated in terms of "Overall" but falls behind in "Likelihood to Recommend".
This category was searched on average for 92 times per month on search engines in 2022. This number has decreased to 50 in 2023. If we compare with other blockchain solutions, a typical solution was searched 9 times in 2022 and this increased to 10 in 2023.