Despite Crypto Troubles, Blockchain Continues to Progress
All the market drama surrounding plunging cryptocurrency values in 2018 took the focus off of the real progress blockchain technology made during the year – progress that will most certainly lay the foundation for a robust revival of the blockchain markets in the future. While public exchanges have been consolidating their hold on the market, private blockchains are getting to work by delivering real business value for enterprises. It’s easy to why cryptocurrency garnered so much of the attention as through the first half of 2018 there were nearly 1,000 ICOs every month, but only 5% of them raised more than $1 million – with one, EOS, raising around $4 billion. Source.