Blockchain was among the fastest growing technologies—expanding by 11.3% even this past winter—according consulting giant Deloitte’s new project that tracks open source software development.
The number of government-issued digital IDs will grow to 5 billion over the next five years, but blockchain-based products are behind the curve and will not be a big part of the solution, according to a new research report.
While business executives around the world are growing more certain that blockchain will be a game changer, a new survey also reveals that skepticism remains. According to Deloitte, it’s 2019 Global Blockchain Survey finds the technology is entering a new phase, in which the question is no longer, “Will blockchain work?” but, “How can we make blockchain work for us?”
In disputing the New York State Attorney General’s claim that embattled cryptocurrency exchange Bitfinex and stablecoin-issuer Tether have lost $850 million, the CEO of the two firms’ parent company has raised a bigger question: why have four governments, including the U.S. and U.K., seized its money?