The Blockchain Markets Are Blooming!

[contact12345]

While searching for my research on ongoing projects on blockchain and cryptocurrencies I went through a number of different conferences being held this year.
I was amazed by the how people have started accepting blockchain technology and different cryptocurrencies.

As by the statistics from ICO Bench, USA, Singapore and UK are the top 3 countries that have the most number of functional ICOs.

The most funds, using ICOs, have been raised by USA, Russia and Singapore.

Lastly, the tops 3 ICOs so far by the value of sold tokens are EOS, Telegram and TaTaTu.

Singapore seems to be doing great in this field so far by topping most of the charts.

More power to cryptos, blockchain and BitcoinTalk forum 

[jossiel]

You are pointing to the ICO market and understands that most of them are into blockchain. Yes, that's given that ICOs are into blockchain but what's better info is the real application of blockchain by real companies.

Like these:
Major Chinese Tech Magazine Adds Payment in Bitcoin to Show Blockchain ‘Practicality’
Chinese Government to Use Blockchain for Tracking Charity Donations by 2019

These are the only few news about adoption of blockchain but if you'll conduct more research, there are plenty of them.

[screwedit]

I believe it's just starting to bloom, many countries still consider to make laws on cryptocurrency status and blockchain implementation.
The more countries accept these technologies, the better the chances that I saw a incredibly green picture on coin360 

[Gozie51]

"Chinese Government to Use Blockchain for Tracking Charity Donations by 2019"

This information here is really cheering for me. Blockchain has been shown to be used for purposes that can help curtail fraud and self financial enrichment.
Using blockchain to tracking charity donations would ensure people who intend to corner those donations would think twice...

[shield132]

I believe it's just starting to bloom, many countries still consider to make laws on cryptocurrency status and blockchain implementation.
The more countries accept these technologies, the better the chances that I saw a incredibly green picture on coin360  

Which country is going to make laws on blockchain implementation? Just google blockchain and you'll see how many country tries to implement it, not only countries, retailers and etc like walmart and others try to implement it. For countries' example, I can tell you blockchain land titling project in Georgia with the help of Bitfury. There are some great projects too, there was an idea of blockchain island too.

[jossiel]

"Chinese Government to Use Blockchain for Tracking Charity Donations by 2019"

This information here is really cheering for me. Blockchain has been shown to be used for purposes that can help curtail fraud and self financial enrichment.
Using blockchain to tracking charity donations would ensure people who intend to corner those donations would think twice...

There's another news about that if you haven't heard about it. These adoptions do really rock and gives us confidence that blockchain shall dominate and help a lot with innovations starting today up to few more years.

UNICEF Wants to Fund Early Stage Blockchain Startups
UNICEF France Accepts Donations in 9 Cryptocurrencies

[chocolah29]

Don't forget Malta as crypto haven since many companies seeing this a favorable place for them, aside from Malta optimistically perceive cryptos and recently Binance chose this as another headquarter.

Also Dell has taking its side in blockchain,
https://m.economictimes.com/tech/ites/dell-emc-looks-at-artificial-intelligence-blockchain-to-drive-server-growth/articleshow/65958386.cms

[beerlover]

Blockchain market of course is blooming by the day and we are beginning to see the possibility of practical usage in real life in some places, but you approaching the bloom in the blockchain markets when it comes to ICO are not something I really would want to agree with, considering how most ICOs end up anyway.

Nevertheless, we have of course seen how some projects have been coming up with ideas on how the real life usage can really become a reality in the long run but we are not even close with altcoins which ICOs fall in this category. Just like Jossiel said, we should be clamoring more on the practical usage of the blockchain technology to even be considering any bloom at all.

[frostmourne0311]

Good to hear so. Do you think new blockchain technology will come up and accelerate the development of the world? 

[buwaytress]

You are pointing to the ICO market and understands that most of them are into blockchain. Yes, that's given that ICOs are into blockchain but what's better info is the real application of blockchain by real companies.

Like these:
Major Chinese Tech Magazine Adds Payment in Bitcoin to Show Blockchain ‘Practicality’
Chinese Government to Use Blockchain for Tracking Charity Donations by 2019

These are the only few news about adoption of blockchain but if you'll conduct more research, there are plenty of them.

Yeah, I hate to be the party-pooper here but holding an ICO by no means equates to blockchain development. The mass majority of ICOs are simply using blockchain as a tool to fundraise, and then "tokenising" whatever industry they're supposed to be disrupting. But very, very few are actually doing anything noteworthy, never mind anything that will see the light of "real world use".

Take into account the >80% of ICO scams and you're left with 1 in 5 that are serious about doing something, and far fewer seriously developing tech or product/service with blockchain.

That said, Singapore as usual along with East Asian startups at least go the digital and online payments route, and are creating quite innovative uses that may yet prove popular.

Booming indeed.

But what ICObench will never capture is how people on the ground on their own are embracing Bitcoin (and perhaps by proxy, blockchain), and how all types of uses are being trialled in the fields of logistics, electoral rolls, humanitarian aid... all without ICOs.

[jvdp]

Blockchain market of course is blooming by the day and we are beginning to see the possibility of practical usage in real life in some places, but you approaching the bloom in the blockchain markets when it comes to ICO are not something I really would want to agree with, considering how most ICOs end up anyway.

Nevertheless, we have of course seen how some projects have been coming up with ideas on how the real life usage can really become a reality in the long run but we are not even close with altcoins which ICOs fall in this category. Just like Jossiel said, we should be clamoring more on the practical usage of the blockchain technology to even be considering any bloom at all.

Blockchain as a technology i really see the usage and growth more in the marketplace. I really admire the investors whoever trying to implement technology for their firm's security and accountability purposes.
As i know investors do not want to invest on ICO recent days hope it will be recover once the marketplace is settled good.

[el kaka22]

I believe it's just starting to bloom, many countries still consider to make laws on cryptocurrency status and blockchain implementation.
The more countries accept these technologies, the better the chances that I saw a incredibly green picture on coin360 

Right, and for what it is worth, the rate at which some countries are really beginning to embrace the blockchain technology and seeing it as a future is really very interesting and I am sure over time, no country will want to be left out from the equation which is why we will definitely see more countries coming to terms with this.

We have seen a huge bloom over the years, and I believe like you said, we are just starting and there is still so many more interesting development to come in the future. One thing with this space is that, when we start seeing real life cases in terms of usage, then that is when we should really be seeing huge blooms.

[ripthesystem]

The most funds, using ICOs, have been raised by USA, Russia and Singapore.

Interesting, as Russia is not very friendly to Cryptocurrency.

Despite this, they try to implement blockchain itself into different institutions. For instance, I heard their national nuclear energy corporation is planning to integrate blockchain it its future projects.

[Baofeng]

The most funds, using ICOs, have been raised by USA, Russia and Singapore.

Interesting, as Russia is not very friendly to Cryptocurrency.

Despite this, they try to implement blockchain itself into different institutions. For instance, I heard their national nuclear energy corporation is planning to integrate blockchain it its future projects.

And as far as I know, US citizens are not allowed either to invest or participate in a ICO. However, Singapore is a safe haven for ICO as the OP has statement most project is headquarter in that country.

I think its obvious that many countries will take advantage of this blockchain technology. We have seen this before (internet), everyone wants to join the bandwagon because its the latest craze out there. Besides, blockchain offer lots of advantages so it only makes sense for government to used it.

https://www.coindesk.com/crypto-valley-declares-blockchain-voting-trial-a-success/
https://www.newswire.ca/news-releases/government-of-canada-exploring-the-potential-of-blockchain-technology-670113383.html