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Blockchain is being seen everywhere now. It has become incredibly popular, and more and more people are turning to using a blockchain technology for just about anything. It really has reached crazy heights, which in turn has led to some very interesting use cases indeed. It is not just blockchain enthusiasts who have noticed this rise either, with law makers finding common ground with the crypto enthusiasts.
Astonishingly, the amount of money that has been raised on the Blockchain, by means of ICO’s has already exceeded $1.2 billion.
We recently reported how many top-ranking universities in the world are offering their students courses in Blockchain Technology, in order to get more qualified and knowledgeable people who are interested in expanding this technology further. This goes a long way to show just how far this phenomenon has come from where it started. Despite the above though, and the fact that it has universally been acknowledged as the next big thing, it has actually been a bit slow and cumbersome in reality. It has especially experienced a slow uptake in the conservative and regulated banking and finance sectors. Despite the growing popularity, and it being used in many different areas now, Blockchain technology still has a bit of a bad reputation to overcome. It has been heavily linked with the dark web, which has led to this slightly sour reputation.
What does the future hold for blockchain?
Despite some scepticism, Blockchain does seem to have a bright future. Throughout the last few months, some US health care providers have started to implement a Blockchain in order to securely store patients records and medical imaging.