Wall Street Journal (WSJ) publishes an article on Jan 1, 2019, about blockchain technology cryptocurrencies to offer few tangible uses. WSJ article speaks about two major sections after complete analysis.
The first section is the cryptocurrency Bull Run in 2017. Moreover, the second part covers about the performance of popular cryptocurrency during 2018.
Bitcoin and the hundreds of other digital currencies that have popped up over the years are still largely usable only by developers.
The post continues to state that Ethereum provides a less intuitive kind to create applications than any other non-blockchain platforms. Besides this news, the report mentions that currently there are no developer kits accessible to develop applications for both iOS and Android.
According to the overview that Wall Street Journal post demonstrates does not show positive side about cryptocurrencies and blockchain technology. However, it accepts there is sincere interest right from institutional investors to partner the market.
There is an exclusive thing which marks the initial quarter of 2019 for institutional investors is regarding the launch of Bakkt platform. ICE might be ready to launch its Bakkt platform at the first half probably by next month. Moreover, this will let institutional along with traditional investors to enter the realm. However, they are yet to disclose its launching date.
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