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.
Rocket Lawyer’s Charley Moore is betting smart contracts can make the law available to the masses. The online legal services firm has created a blockchain-based smart contract platform to make writing, verifying, and making payment on an agreement easy, affordable, and automatic. Think of it as an escrow account run by smart contracts.
ConsenSys founder Joe Lubin just bet more than half a million dollars that Ethereum will be going strong in four years. Settling the terms of the bet between Lubin and Bitcoin missionary Jimmy Song on Ethereum’s success or failure took a year—it was made onstage at Consensus 2018—but it’s done.
Human trafficking for the international sex trade is a nearly $100 billion business, and it is one that blockchain developers think they can help fight.