Blockchain: Taking a Cue from History

in #blockchain5 years ago

Blockchain technology isn’t shaking out how we thought it would. So, should we pack our bags and go home?

For the last decade, blockchain technology has captured the imaginations of nearly every industry across the globe, including the federal agency I work for. And while it may forever be known as “the technology underpinning Bitcoin,” blockchain’s evolving reputation to solve a wide and varying range of problems has led to an infusion of billions of dollars into the technology. A recent Forbesarticle pointed out that total corporate and government spending on blockchain is on target to hit $2.9 billion in 2019, an 89% increase from the year before. So, what are we getting for all of this investment?

Source: https://www.nextgov.com/ideas/2019/07/blockchain-taking-cue-history/158801/

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