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While Blockchain is mostly associated with its debut role in the creation of cryptocurrency, the technology is a major disruptor, impacting several industries.
Central government’s think-tank, NITI Aayog and Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) are exploring Blockchain technology for efficient management of fertiliser subsidy.
With an aim to streamline the costly and time-consuming processes in entertainment rights and royalties, consulting firm EY and tech giant Microsoft have partnered to launch a Blockchain-based solution for content rights and royalties management.
The hype surrounding blockchain technology will recede sharply in 2018 as the cost and complexity of implementing blockchain solutions becomes apparent says GlobalData.
BuyUcoin, a cryptocurrency exchange platform and Blockchain Wallet company announces the launch of BuyUcoin Token (BUC) to be established with a total supply of 100 Million Token.
Early investors in SpringRole include AlphaBlock Investments, DNA (Brock Pierce and Scott Walker’s blockchain investment and consulting firm), Isaac Lee’s BlockWater and Wavemaker Genesis.
Only 1 percent of CIOs indicated any kind of blockchain adoption within their organizations, and only 8 percent of CIOs were in short-term planning or active experimentation with blockchain, according to Gartner's 2018 CIO Survey.
Blockchain has seen the lowest investor interest as well as the lowest average deal value among all technologies, with a 2.23 investors-to-idea ratio and $12 million respectively in 2017.
While it is difficult to predict whether Blockchain is a thing of the past and whether Hashgraph is the final answer, one thing is sure, Hashgraph definitely addresses a lot of the critical challenges that Blockchain has been grappling with.
The Reserve Bank of India licensed three entities to provide a more efficient venue to do this: RXIL, A.TReDS, and M1xhange. These exchanges provide competitive marketplaces for small businesses with the help of blockchain.