After the hype surrounding crypto-currencies in 2017, 2018 was a reality check for these projects. It was a rocky downhill road, but this is to be expected for any emerging technology up for mass adoption.
The last part of 2018 witnessed the decline in the value of crypto-currency and is decreasing further. With the crypto-market continuing its bear run, we can surely predict that we might get to witness a “survival of the fittest” situation occur. Market stabilization, combined with lesser speculation, will be important this year.
But looking past crypto, the technology behind blockchain remains as promising as ever. There is tremendous enthusiasm for blockchain in the market even from large players. Some are already planning to use the technology and are devising how a decentralized app powered by blockchain can help with their business processes.
Comments
Post a Comment