CB Insights January 22, 2020
Despite a drop in total funding dollars, investment activity in the fourth quarter of 2019 points towards pockets of opportunities for blockchain technology in enterprise applications.
Total equity funding to the space, which is one measure of investor enthusiasm, fell over 30% in 2019. Mentions of the technology in public company earnings transcripts also dropped off.
One of the reasons for this slip is that many products are still trying to find product market fit.
Entrepreneurs have pitched applications for blockchain technology ranging from supply chain tracking to financial asset settlement, but the only one that...
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