A new report from CB Insights said investments in blockchain technology start-ups have tanked so far in 2019, and could end the year 60% lower than 2018. But the interest in the technology in the corporate world appears to be booming, with Fortune 500 companies investing more time and effort in bringing blockchain projects to fruition.
Ninety percent of blockchain-based supply chain projects are faltering because they cannot figure out important uses for the technology, research firm Gartner said on May 7.
Businesses that can’t learn to play nice with each other will be left behind by the blockchain revolution. That was the message of a panel on “How is Blockchain Technology Evolving?” at MIT Media Lab's day-long look at The Business of Blockchain on May 2. The event attracted companies like small blockchain startups, major consulting firms, and multinationals at the top of the Fortune 500.