Global: McKinsey Consulting Firm Believes There is Little Substance Behind Blockchain Applications

Bitcoin Exchange Guide

According to the recognized consulting firm McKinsey & Company, there is little evidence of practical use for blockchain technology. The information was released by the company in an official blog post on January 4. The article published by the company shows that the practical use of distributed ledger technology (DLT) is still limited. The company wrote about this:“Blockchain has yet to become the game-changer some expected […] given the amount of money and time spent, […] little of substance has been achieved.”

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