Summary The Israeli Hi-Tech ecosystem is characterized by fast movers and is on the cusp of breakthrough technological advancements. The “startup nation” offers a unique atmosphere of collaboration, innovation, and entrepreneurship, and is supported by unique academic knowledge, with some of the leading cryptographers and computer science engineers in the world. The fintech and cybersecurity industries, with obvious connections to blockchain technology, are two of the strongest fields within the Israeli startup community. Israel offers many opportunities for companies interested in blockchain, such as investments, M&As, strategic partnerships, innovative solutions, collaborations with tech industry leaders, and many more. This report highlights 38 startups located in Israel and involved in the blockchain technology boom, but there are more companies currently being formed, with the potential of advancing blockchain technology to new frontiers. Although the blockchain ecosystem is currently mostly associated with Bitcoin, the Israeli companies and entrepreneurs are developing solutions that has the potential to disrupt various industries. Deloitte Israel is uniquely positioned to be the bridge between the leading global organizations and investors and the vibrant Tel Aviv blockchain startup ecosystem. With our vast rolodex of connections, we have the ability to create mutually beneficial relationships between companies. Having in-depth experience with organizations across all stages of the business spectrum from startups through established hi-tech companies to large financial institutions, Deloitte is the right partner for bringing companies together to maximize their potential. 24
Israel: A Hotspot for Blockchain Innovation Page 27 Page 29