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Blockchain Events: timeline of what happened in 2019

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Quote:What a year it has been for blockchain. Most notably, this has been the first year in which blockchain technology is starting to get vast recognition outside of its cryptocurrency application.

Gone are the days when everyone thinks that bitcoin is all there is to blockchain. Major corporations around the world are now experimenting and already using blockchain solutions to improve their operations, finally recognizing the potential of decentralization.

The financial services sector is certainly the industry where most of the innovation is happening, seeing as the technology’s advantages greatly match the improvement demands of the sector.

The crypto market on the other hand has comparatively experienced a slow year, going swiftly through a few bullish and bearish trends before ultimately sliding back into a stagnant position.

Fraud has been a major problem for the blockchain-enabled cryptocurrency industry, with too many occurrences of exchange hacks, Ponzi schemes, phishing scams, and mining malware. This malicious activity is crippling the crypto market, keeping it stagnant as bulls engage in an endless tug of war with the bears.

But despite all this, the digital assets market has performed much more on the positive side compared to 2018. We even saw an explosive bull run for a second, reminiscent of the one towards the end of 2017.

Through innovation and regulation, through uptrends and downtrends, and through trials and real-world application, the blockchain sector has entered its innovation stage – the stage when companies race to become the new Apple, Google, and Microsoft of what’s shaping up to be the decade of distributed ledger technology.

But before we turn the page over completely, It is only natural that we commemorate the defining blockchain events of the last year of the previous decade, a decade which picked up from the ashes of the 2008 economic crisis to birth a trustless self-governed financial system by the name of Bitcoin – the one that started it all.


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https://chainbulletin.com/a-timeline-of-defining-blockchain-events-in-2019/
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Talk to me: blandberry[at]protonmail.ch
Hey, this is pretty cool and easy to have it in one view. Thanks for the share!


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