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Cointelegraph, the leading publication for blockchain and cryptocurrency news, has announced the launch of its Cointelegraph Consulting division. The new business sector is focused on advancing enterprise blockchain adoption by helping companies understand the potential of blockchain technology and then matching them with enterprise blockchain vendors to implement solutions. According to Gartner, the business value added by blockchain will grow to more than $176 billion by 2025. This number is expected to exceed $3.1 trillion by 2030. While the growth of enterprise blockchain is on the rise, traditional consulting firms are just becoming familiar with the blockchain space. Given Cointelegraph’s six years of expertise covering the blockchain industry, the company believes that it is best positioned to boost enterprise blockchain adoption by educating and connecting customers with leading blockchain vendors. Its wide network across blockchain startups and technology leaders will facilitate this endeavor. Cointelegraph Consulting is initially partnering withInsolar, a provider of scalable private and public blockchain solutions focused on North American and European enterprise markets, and VeChain, which powers Walmart China’s blockchain platform, along with Foodgates’ blockchain food traceability program. Arsenii Dain, managing director of Cointelegraph Consulting, told Cointelegraph:“There is great potential for enterprises to adopt blockchain technology, but there still isn’t enough education and collaboration between service providers and those willing to embrace blockchain for the enterprise. Consulting firms like Deloitte or PwC are unable provide such services simply because their strategies focus on their own solutions and they do not have a big enough network across vendors.”According to Dain, Cointelegraph Consulting offers a unique, unbiased market strategy, with the potential to bring the organization’s wide network together with professional consultants. The Cointelegraph Consulting division is led by industry veterans, technology analysts and former Boston Consulting Group, Accenture and McKinsey senior experts. These individuals will assist enterprise customers during every stage of the blockchain implementation process. Together, they will identify use cases, review different vendors, and provide assistance in bringing a solution to market. The last part is particularly vital given that, by Insolar’s estimate, only 7% of enterprise blockchain pilots actually make it into production today.“We are not a consulting firm trying to sell our own solutions to companies,” explained Dain. “Rather, we have a unique market strategy that is completely unbiased and transparent. We are connecting industry participants within our vast network to enterprise blockchain vendors that are suited to meet their tangible business needs.” Cointelegraph Consulting will also offer its clients unbiased reports and educational materials that demonstrate how blockchain can bring real value to enterprises.“The reports we are producing are explanations of what blockchain vendors do,” said Dain. “Our clients typically view these materials as beneficial because they are not a sales pitch.” For example, together with Insoalr, Cointelegraph Consulting produced a report entitled, “Empowering Supply Chain Digital Transformation with Distributed Ledgers.”This report analyzed five enterprise blockchain use cases across automotive, retail, mining and manufacturing industries to assess blockchain adoption in supply chains. Several supply chain challenges related to trust that blockchain solutions can help solve are cited in the document. Key findings include:Poor traceability – 70% supply chain visibility gap between initial suppliers and internal clients’ systems. Poor automation – 90% of retailers inaccurately forecast demandPoor relations across multiple counterparties – 60% of companies regularly overpay their supply chain vendors. Regulatory compliance burden – 45% of supply chain executives say that they are experiencing increased pressure for regulatory compliance and internal compliance to contractsWhile the Cointelegraph Consulting division started about a month ago, there is already significant demand from enterprise blockchain vendors wanting to join the network. According to Dain, solution providers have a desire to join Cointelegraph Consulting because it solves a major industry problem, which is connecting clients with vendors quickly and efficiently.“We are giving vendors access to large enterprises that are eager to work with us based on Cointelegraph’s credibility and reputation in the blockchain space,” said Dain. Cointelegraph Consulting’s first vendor partner, Insolar, helps businesses adopt ROI-driven blockchain solutions.