Blockchain Technology Comprehensive Report 2025: Background, Evolution, Trends & Future Outlook (26th of June 2025).
In 2008, Satoshi Nakamoto published the Bitcoin whitepaper, and in January 2009 Bitcoin’s genesis block was mined. The 2016 DAO hack on Ethereum triggered a hard fork. Vitalik Buterin proposed Ethereum in 2013, and the Ethereum Frontier network went live in July 2015, introducing smart contracts. By 2019, Walmart deployed a food traceability system using IBM Food Trust built on Hyperledger Fabric. Amazon launched Amazon Managed Blockchain on AWS in 2019. Ethereum’s Merge in 2022 switched from proof-of-work to proof-of-stake, reducing energy use by about 99.95%. Christie’s sold a digital NFT artwork for $69 million in 2021, highlighting mainstream NFT