Investments in blockchain have collapsed during 2020
A report prepared by KPMG International and HFS Research determined that in the eight months that have elapsed in the year bets in this technology have decreased by 63%
A report prepared by the companies KPMG International and HFS Research determined that investments in blockchain technology during the pandemic have decreased by 63%.
Despite these statistics, the document entitled Enterprise Reboot ensures that in the coming months this type of business, and others such as artificial intelligence and 5G technology, will see an increase in investors.
The report found that blockchain funding was most affected by the Covid-19 quarantine. Distributed Ledger Technologies (DLT) slipped from the largest emerging technology sector with a weighted average investment of $ 18 million to the second smallest at $ 6.5 million.
This statistic of 63% represents one of the largest percentage-level losses in any emerging market today.
However, the report found that 59% of executives believe that Covid-19 has created momentum to accelerate digitization initiatives.
K. Tovar
Source: Cointelegraph
