• Venture capital, grinding everyone's gears (via Shutterstock).
    Technology

    VC investments fall sharply, but blockchain usage rises

    CB Insights predicted start-up funding will drop 60%, but IDC said spending on blockchain implementation will double

    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.

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    Gartner Survey: 90% of blockchain-based supply chain projects are in trouble

    The lack of well-identified use cases is causing “blockchain fatigue” to set in; caution urged for early adopters

    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.

  • “How is Blockchain Technology Evolving?” at MIT Media Lab's The Business of Blockchain conference on May 2, 2019 (Photo by Leo Jakobson of Modern Consensus).
    Technology

    Enterprise blockchain’s biggest challenge: getting competitors to work together

    At MIT’s Business of Blockchain conference, a panel called corporate social problems the biggest barrier to permissionless blockchain adoption

    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.