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Monday, November 13, 2017

Blockchain News: 80,000+ Blockchain Projects, 8 Percent Survive

80,000+ Blockchain Projects, 8 Percent Survive

According to a recent study published this week, blockchain-related projects average nearly 9,000 a year since Spring of 2009. Growth has taken off, however, as in 2016 over 26,000 projects were started through the open-source platform Github.

“In analyzing blockchain repositories and their content,” Evolution explains, “we noticed that increasingly more organizations appear to be getting involved. In 2010, organizations developed less than 1 percent of all projects. By 2017, their projects accounted for 11 percent,” the study notes.

The Evolution study is “an effort to better understand the development of blockchain and its ecosystem,” Deloitte analysts write, and “we have conducted an extensive data analysis of blockchain projects in an open-source environment. Our study appears to be the first empirical attempt to understand the evolution of blockchain using metadata available on Github, a global software collaboration platform,” they claim. 

Findings include how financial “services firms seem to be leading the way in blockchain applicability; they currently have the most commercial use cases of blockchain in the marketplace.” 

Full story at

Source: Bitcoin News

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