Bitcoin and blockchain investment activity drops in Q3 2016
The latest edition of KPMG and CB Insights report “Pulse of Fintech Q3’16” shows a dip in investments going into blockchain and digital currency startups.
The report anticipates that in the forthcoming quarters, artificial intelligence (AI) will gain more investor attention in addition to RegTech, InsurTech and data and analytics. It also expects fintech areas that have emerged over the past year, particularly blockchain or distributed ledger technology (DLT), may be scrutinized more as investors assess when and if investments will deliver returns.
“Related companies looking for additional funding will need to show real results in order to gain investment”, it said.
http://www.econotimes.com/Bitcoin-and-blockchain-investment-activity-drops-in-Q3-2016-407235
