For the Blockchain Industry, the COVID-19 Clock Is Ticking By Cointelegraph

For the Blockchain Industry, the COVID-19 Clock Is Ticking By


For the Blockchain Industry, the COVID-19 Clock Is Ticking

Blockchains reached a feverish level of hype following the ICO mania of 2017.

Peddled as the panacea to the world’s ills, many of such promises ill-intentioned, initial coin offerings raised enormous sums of funds within minutes as the public’s focus shifted to the wild world of cryptocurrencies. Once the hype faded, the emerging narrative surrounded enterprise blockchains and the vast potential of the nascent technology to lead businesses into the next generation of the internet.

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