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Investor Interest in Blockchain Rising as Additional Applications Become Evident

NetworkNewsWire Editorial Coverage: Investor interest in blockchain technology continues to rise, as additional applications have now arisen. Various industries have begun researching ways to implement blockchain technology including: finance, cyber security, supply chain management, voting, government, and healthcare.
Blockchain technology is fueling a revolution in the way businesses operate and interact with customers. It now underlies the Internet of Things, artificial intelligence, cryptocurrency, augmented virtual and mixed reality, personalized medicine, and big data-driven analytics.
Total cryptocurrency market capitalization, which hit a high of around $850 billion in January of 2018, is currently around $700 billion (http://nnw.fm/SCpr8). Initial Coin Offerings (ICOs), which are powered by blockchain technology, are now outpacing traditional equity funding when it comes to ramping blockchain start-ups. There were 235 ICOs in 2017 representing around $3.7 billion (http://nnw.fm/s0brW) across categories like infrastructure, trading and investing, finance, payments, data storage, drugs and healthcare, gaming, betting, commerce, advertising and identity/reputation.
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