The future of blockchain currently seems uncertain following the crash in cryptocurrency prices. However, enthusiasm abounded at the World Blockchain Summit held in Bangkok on 2 December 2019 for the potential of this ground-breaking technology.
When the summits first began in 2017, money was being heavily invested in blockchain. However, there came a surge in scams, cyber-threats and bad projects.
While 90% of those projects no longer exist, those that remain are genuine projects developing blockchain and much more of the funding comes from institutional funds and investors.