Blockchain for Good Alliance (BGA), a global non-profit initiative founded by Bybit dedicated to leveraging blockchain for societal impact, announced the release of its inaugural flagship impact report.

Titled, The State of Blockchain for Good: A View from the Alliance, the resource is designed to offer one of the most comprehensive and grounded assessments to date of how blockchain technology is being applied to real-world social, economic and public-sector challenges.

Following the Blockchain Impact Forum held in Copenhagen last November, authors highlighted the report brings together insights from global policymakers, United Nations agencies, industry leaders, builders and ecosystem partners, moving the conversation beyond speculation and toward implementation.

Guided by key discussion themes contributed by experts during the forum, BGA examined where blockchain is already delivering public value, where adoption is stalling, and what must change for the technology to mature into trusted digital public infrastructure.

Drawing on insights from international hackathons, accelerator cohorts, joint funding initiatives and policy dialogues, the report also looked to identify “a clear inflection point for the sector.”

While many blockchain solutions are technically mature and ready for deployment, Bybit co-CEO and BGA founder Helen Liu pointed out the primary bottlenecks now lie in institutional readiness, funding alignment and governance frameworks.

Liu noted the report calls for closer collaboration among governments, multilateral institutions and industry to move successful pilots into sustained, scalable deployments.

“The question is no longer just about whether blockchain can be used for public good,” Lui said in a news release. “The question now is how institutions choose to adopt, govern and scale blockchain for impact, and BGA is well positioned to continue convening global initiatives to help guide this process.”

The report also outlines BGA’s outlook for the industry over the next 12 to 36 months, including recommendations on policy design, blended finance, interoperability and ethical safeguards, as well as plans to expand global grassroots engagement and deepen partnerships with governments and international organizations.

As governments and institutions worldwide accelerate digital transformation efforts, BGA sees the report serving as both a reference point and a global call to action.

“This report is not just a celebration of blockchain’s role in driving global impact,” said Glenn Tan, director of global affairs at BGA. “It is an invitation for the industry to build responsibly, collaborate across sectors and ensure blockchain’s next chapter is written in service of people, institutions and the public good.”

The full report can be found via this website.