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Blockchain Brunch Hamptons White Party • August 21, 2018

 With the SEC decision on the third Bitcoin ETF likely just four weeks away. Right now, there is no better…

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Tag: blockchains

Traditional Finance Industry is Spending $1.7 Billion Every Year on Building Blockchain

Category: Blockchain, Business, Finance, News, Tech

Traditional Finance Industry is Spending $1.7 Billion Every Year on Building Blockchain

According to a study by Greenwich Associates, a management consulting firm founded in 1972, the traditional finance industry spends more than $1.7 billion on a yearly basis on building blockchain-related protocols, platforms, and products. $10 Million a Year The budget of blockchain development by major banks and financial institutions has increased by around 67 percent on average since 2017. The…

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