Decline of Blockchain hype and rise of a common sense

Via Pavel Kravchenko @ Medium.com

[Editors Note – For more information behind this trend,  also check out my video ‘9 Reasons why Bitcoin will outcompete Private Blockchains‘]

  • “Neither a bank nor a financial institution has implemented Blockchain technology yet. Even if they say they are working on it, it is done in a pilot version and works for something like test scenarios. Big money is not ready to move onto it”
  • “Blockchain trend is going down. We will see cooling interest towards it already in 2016. The same applies to smart-contract hype, ok, it has just started so maybe early 2017. A lot of Bitcoin/Blockchain startups that have enormous valuation will fail soon”

Read more here..

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