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BLOCKCHAIN LOSES SILVER-BULLET STATUS
After a few years of struggling proofs-of-concept and vast expenditures of venture capital, blockchain has lost much of its promise, according to the authors of a recent note published by McKinsey & Company.
“Of the many use case, a large number are still at the idea stage, while others are in development but with no output,” wrote McKinsey’s Matt Higginson, Marie-Claude Nadeau, and Kausik Rajgopal in their note “Blockchain’s Ocaam Problem.”
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