51 percent of global blockchain funding comes from the US | ICT Business | TechBuzz

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Blockchain technology is in an exceptional surge due to the opportunities it offers, but it seems that only investors from the United States of America recognize this to the greatest extent, whose investments will make up 51 percent of all blockchain-related investments this year, according to the Bankless Times.

It is a total of 7.18 billion US dollars, but it is nothing compared to the forecast for investments in 2026 – as much as 67.4 billion dollars. The reason for such accelerated growth is the application of blockchain in cyber security, that is, easier access to smart contracts and digital identities. Of course, this suggests that government sectors will make a significant shift towards blockchain technology.

We should also not forget the primary reason for blockchain’s growth in terms of popularity – cryptocurrency. Or, rather, bitcoin. Financial institutions turned towards blockchain, so various specialized applications began to be created, primarily related to payment methods, exchange offices… All this attracted investors.

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And such a situation was also the motive for the creation of new startups based on blockchain products and services. The most famous are Auxesis Group and QubiTech, but they are far from the only ones. However, for a more stimulating and equal growth, a balance on a global level is also needed.

Currently, after American investments, Chinese investments follow with 18 percent, Swiss investments with five percent and British investments with four percent. Not a very promising situation at the moment, not even close. Fortunately, over the next four years, everything will turn around. And improve technologically thanks to better integration of artificial intelligence into the blockchain.

But, in order for it to be carried out adequately, numerous regulatory problems must be solved, primarily because bitcoin is still illegal in some countries, and therefore blockchain technology is not welcome either. It is positive that in the financial sector there is an initiative to set standard operating procedures for the “Blockchain Market”.

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I am admin of techbuzz.asia blog & I provide tech-related news. As a part of my hobby, I make content related to technology and gadgets reviews too. I love to be a content creator apart from it, I am a full-time employee in an MNC company and manage blogs systematically. You can mail me at [email protected]

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