Venture Capital Blockchain Investments Approach $300 Million This Year

According to a recent Blockchain News article, the total value of Venture Capital investment into Blockchain technologies and Bitcoin companies totaled $290 million in the first six months of this year.

A recent Juniper Research report highlighted the increasing diversification of nascent Blockchain deployments. The report also identified the banking sector as being particularly proactive and stated that, in areas such as transaction settlement, the introduction of a Blockchain-based system would substantially reduce both the risk of error and the time taken for error checking, according to Blockchain News.

If you would like to learn more about or join SFIG’s Blockchain Task Force, please contact Alyssa.Acevedo@sfindustry.org.

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