CB Insights - State of Blockchain
Summary
The State of Blockchain report by CB Insights indicates a year-on-year decline in blockchain investments worldwide. However, despite the global drop, blockchain investments in Europe have been on the rise. The report analyses blockchain trends and investments throughout 2019 and asserts that blockchain adoption is still developing. It outlines the factors contributing to last year's decline, including fewer initial coin offerings (ICOs) and increased regulatory limitations. In contrast, Europe has witnessed a rise in blockchain investments, with increasing government support and innovative projects in sectors such as finance, transportation, and supply chain management. The report also outlines the increasing role of corporate blockchain investments and indicates the merger of blockchain with other technologies like AI and IoT. Ultimately, the report predicts that companies with scalable blockchain solutions, addressing real-world issues, are likely to remain relevant and successful in the long run.
Region:
Global
Published:
August 2022
Author(s):
CB Insights
Language:
English