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For years, all sorts of companies have flooded the media with reports of using blockchain technology for everything from tracking vegetables to fake luxury handbags. These claims mostly involved tests that were done only for the sake of publicity, riding the coattails of cryptocurrency, and almost never about actual products. A new report from Gartner […]
The post Gartner: Corporate Blockchain Won’t Take Off for Another Decade appeared first on Bitcoin News.
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IBM claims that six banks will issue stablecoins using its World Wire protocol which is based on the Stellar network. According to the tech giant, three banks have publicly committed to the initiative, and the remainder will reveal themselves soon. The announcement joins the resurgence of blockchain razzmatazz this year that feels eerily similar to […]
The post It’s 2019 and IBM Is Still Trying to Find a Use Case for Blockchain appeared first on Bitcoin News.
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A survey has determined that advertisers believe the word “blockchain” to have been the most overrated of 2018. This is hardly a surprise as many companies from fields completely unrelated to cryptocurrency claimed to use or test blockchain technology last year with little to show for it. Also Read: In the Daily: Shapeshift Beta, Coinsquare […]
The post Survey: ‘Blockchain’ Was Most Overrated Buzzword of 2018 appeared first on Bitcoin News.
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The demise of 2017’s cryptocurrency bull market, the rapid collapse of ICOs, and the fizzling out of corporate blockchain hype have made 2018 a challenging year for many startups operating in the crypto sector. A new report from the U.K. helps quantify the global slowdown. Also Read: Spot Develops New Bitcoin and Cryptocurrency Portfolio App […]
The post Report: Over 300 British Blockchain Companies Shut Down in 2018 appeared first on Bitcoin News.
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NYU economics professor Nouriel Roubini, commonly known as Dr. Doom in mainstream financial media circles, is a long-established Bitcoin and cryptocurrency skeptic. In his latest rant he focuses on blockchain technology and the people promoting it. Also Read: Research: Corporations Fail to Deliver on Blockchain Hype, Scalability a Top Concern Greedy White Men Roubini, who […]
The post Nouriel Roubini Attacks Blockchain in Latest Rant appeared first on Bitcoin News.
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A new report from Greenwich Associates, a provider of market intelligence and advisory services to the financial services industry, tries to answer the question: “Why have the tech and financial industries lagged their own blockchain expectations?” It identifies technical challenges as causing corporations to fail to deliver on the hype they created around a buzzword […]
The post Research: Corporations Fail to Deliver on Blockchain Hype, Scalability a Top Concern appeared first on Bitcoin News.
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New indicators point to corporate executives starting to wisen up to the notion that so-called blockchain technology is some kind of cure-all drug for their industries that they can just extract from Bitcoin and drop the cryptocurrency behind. The latest example of this is a recent survey by Deloitte, showing that 44% of American executives […]
The post 44% of American Executives Think “Blockchain Is Overhyped”, Deloitte Survey Finds appeared first on Bitcoin News.
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If you have been following the mainstream financial press, and even some cryptocurrency news sources, you could not have missed the hype around the so called “Blockchain”. It feels like every day another established company claims to be testing using the technology to disrupt its own industry. In reality, however, it seems that the overwhelming majority […]
The post 90% of Corporate “Blockchain” Pilots Will Never Materialize, Researchers Say appeared first on Bitcoin News.
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After delistings, warnings and even regulatory actions in different markets around the world, we are now getting another indication that the “blockchain” stocks hype is dying out. A TASE shell company has switched its focus from trying to enter the blockchain racket to newer trends like the legal cannabis business. Also Read: Huobi Creates Its Own […]
The post TASE Shell Company Switches Plans From “Blockchain” to Cannabis appeared first on Bitcoin News.
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The hype around so called applications of “blockchain technology” is nothing new, as many people have successfully used it to get free publicity for themselves, riding the coattails of Bitcoin’s success. But while it so far was limited mainly to promoting ICO tokens and inflating stock prices, now it seems to have crossed a border […]
The post Mainstream Media Reports of “Blockchain Elections” in Sierra Leone Are All Fake News appeared first on Bitcoin News.
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