We Totally Misunderstood Blockchain
Decentralization is one of the most important ideas behind blockchain technology, but the more real applications we see, the more centralized and government-backed it’s becoming.
The fad is dying. A recent CB Insights report that was cited by Bloomberg announced a 60% decline in blockchain startup investments this year, down to $1.6 billion. But at the same time, large enterprises such as Microsoft, Walmart, IBM and Samsung have either deployed their own blockchains or joined partnerships to use the technology. Ironically, several banks, such as