By now, everyone has noticed Bitcoin’s mercurial 17x rise year-to-date (Ether is up 58x YTD, by the way). Each day, new blockchain companies appear in our newsfeeds. Some firms focus only on blockchain; others are expanding their business offerings with blockchain solutions. Lofty stock appreciation often follows such announcements for public blockchain companies. But beyond cryptocurrency trading exchanges, we’ve seen few blockchain deployments yet, which begs the question – is blockchain real or is it hype? In short, the answer is “YES” – blockchain is real, but it is early.
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