While Bitcoin Is Down, Big Players Continue To Pour Money And Faith Into Blockchain

Story by:  Yoav Vilner

Blockchain technology has had some major ups and downs over the past year, taking investors on a financial (and sometimes even emotional) rollercoaster.

While the prices soared last year, hitting monumental highs, recently the Bitcoin price fell to the lowest it’s ever been – $5,165 – the lowest price since Oct. 18, 2017.

Many have been wary about investing in the crypto market specifically because of these unpredictable price swings. The future is unseeable, and you’re unsure what tomorrow holds. The ever changing “mood” of the crypto market has caused many large corporations to stand by the wayside – hesitant to invest in a project that has more foreseeable risks than benefits.

But the real reason that we are still hearing about blockchain technology constantly, and will continue to in the future, is simply because blockchain is not planning to going anywhere.

With the token market in question, hardcore crypto enthusiasts turn to blockchain to save their hopes of a decentralized world, and they’re not alone. In the past few months, we’ve seen major companies and VC funds joining in, investing into blockchain and the promises it holds of security, transparency, and efficiency.

Original story by: https://tinyurl.com/ydc6gxue


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