Blockchain firms fund university research hubs to advance growth By Cointelegraph
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Blockchain firms fund university research hubs to advance growth The demand for organizations to adopt blockchain technology is growing rapidly. Recent findings from market research and advisory firm Custom Market Insights found that the global blockchain technology market size was valued at $4.8 billion in 2021, yet this amount is expected to reach $69 billion by 2030. While notable, it’s become critical for the industry to enable rigorous research into the development of the blockchain sector.
Tim Harrison, vice president of community and ecosystem at Input Output Global (IOG) — the developer arm behind the blockchain — told Cointelegraph that during the past year, the blockchain ecosystem has witnessed various risks from projects that have taken a “go fast and break things” approach.
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Blockchain firms fund university research hubs to advance growth The demand for organizations to adopt blockchain technology is growing rapidly. Recent findings from market research and advisory firm Custom Market Insights found that the global blockchain technology market size was valued at $4.8 billion in 2021, yet this amount is expected to reach $69 billion by 2030. While notable, it’s become critical for the industry to enable rigorous research into the development of the blockchain sector.
Tim Harrison, vice president of community and ecosystem at Input Output Global (IOG) — the developer arm behind the blockchain — told Cointelegraph that during the past year, the blockchain ecosystem has witnessed various risks from projects that have taken a “go fast and break things” approach.
Continue Reading on Coin Telegraph
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