Friday, June 9, 2023

Too much hype, too much spending, not enough returns

By DAC000 , in Blockchain , at September 23, 2019 Tags: ,

Banks are growing weary of blockchain hype, after having spent almost two billion dollars a year for several years on the tech, with little to show for the expenditure – but they’re still planning to increase budgets.  About a four minute read.

Comment: much of the hype originates from The VC community; banks I work with are far more realistic about what Blockchain and Distributed Ledger Technology can realise.