{"id":5087,"date":"2020-10-19T10:00:51","date_gmt":"2020-10-19T08:00:51","guid":{"rendered":"https:\/\/blog.startups.ch\/en\/?p=5087"},"modified":"2020-11-02T12:10:22","modified_gmt":"2020-11-02T11:10:22","slug":"what-is-going-on-with-the-blockchain","status":"publish","type":"post","link":"https:\/\/blog.startups.ch\/en\/what-is-going-on-with-the-blockchain\/","title":{"rendered":"What is going on with the blockchain?"},"content":{"rendered":"\n

Things have become quiet around the great hope of the financial world:\nthe blockchain. Find out in the article how the technology, celebrated as\nrevolutionary, is doing.<\/h2>\n\n\n\n
\"\"<\/figure>\n\n\n\n

At the end of 2017, blockchain technology rapidly gained importance as\nthe price of the digital currency Bitcoin rose to over 20,000 dollars. Suddenly\neveryone was a small blockchain and crypto expert. Lately, however, it has\nbecome quiet around the new technology. <\/p>\n\n\n\n

First hype is over<\/strong><\/p>\n\n\n\n

Investments in start-ups dealing with the block chain have fallen\nsharply in recent times. While in 2018 there were still around 800 deals with a\ntotal amount of around 4 billion dollars, in 2019 the figure was only around\n1.6 billion dollars. Especially in Europe the hype has levelled off. Although\nvarious companies, such as Daimler or Bosch, are running block chain projects,\nthe topic is not within the focus of the general public anymore. The situation,\nhowever, is quite different in China: the number of companies with blockchain\nin their name this year amounts to about 10,000, despite (or because of)\nCorona. With the E-Yuan, the Asian state aims to become the world market leader\nin the field of block chain technology. <\/p>\n\n\n\n

Enormous potential<\/strong><\/p>\n\n\n\n

Despite the flattening investment figures, the block chain market also\noffers great potential in western regions. The corona crisis in particular\ncould make the technology more important again. Various researchers are of the\nopinion that increased transparency and efficiency in the movement of goods\nthrough the block chain has the potential to slow down pandemics. At the end of\nMarch 2020, the WHO joined forces with technology companies such as IBM and\nMicrosoft to develop a data platform to combat the virus with the help of the\nblock chain. <\/p>\n\n\n\n

Politics and legislation are slowly catching up<\/strong><\/p>\n\n\n\n

A big stumbling block in the path of blockchain technology is the lack\nof regulation. The mills of legislation grind slowly but steadily. In June\n2020, the Swiss National Council gave the green light for the creation of\nsuitable framework conditions for blockchain technology. For example, it\nsupports the creation of a new category of permit for the commercial operation\nof DLT (Distributed Ledger Technologies) infrastructures. In addition, the\nseparation of crypto-based assets from the bankruptcy estate are to be clarified\nby law. <\/p>\n\n\n\n

Do you have any innovative business idea you would like to make come true? Use STARTUPS.CH experts to become self-employed.<\/p>\n\n\n\n\u00bb Blog<\/a>\u00bb Found online<\/a>\n","protected":false},"excerpt":{"rendered":"

Things have become quiet around the great hope of the financial world: the blockchain. Find out in the article how the technology, celebrated as revolutionary, is doing. At the end of 2017, blockchain technology rapidly gained importance as the price of the digital currency Bitcoin rose to over 20,000 dollars. Suddenly everyone was a small […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[10],"tags":[],"jetpack_publicize_connections":[],"aioseo_notices":[],"views":547,"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p54Pb1-1k3","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/posts\/5087"}],"collection":[{"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/comments?post=5087"}],"version-history":[{"count":1,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/posts\/5087\/revisions"}],"predecessor-version":[{"id":5089,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/posts\/5087\/revisions\/5089"}],"wp:attachment":[{"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/media?parent=5087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/categories?post=5087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/tags?post=5087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}