Blockchain Efforts Move Beyond the Hype: ‘This Is Happening Now’

  • Big leap from when focus was mostly on research & development
  • Bank-backed consortium has completed real-world transactions

Photographer: Bloomberg/Bloomberg

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There has been more talk in recent years about how blockchain technology can change the world than actual projects showing what it can do.

But now, after years of research and development, companies are using blockchain networks to conduct trade finance, track diamonds and prove the provenance of marijuana.