Huobi 2018 1H Global Blockchain Industry Developments Report: Bullish figures of 30 fold increment
Summary
Dr Hubery Yuan, Dean of Huobi Research started his speech by sharing the statistics from 2017, digital asset market total market capitalization increased 30 times from $17.74 billion to $559.76 billion.The method of finding a use case after adopting Blockchain is akin to putting the horse before the cart.According to the report, successful business models of the internet age are now being copied over on the Blockchain, to various effects on market capitalization.The expected increase of the Blockchain user base still has great potential - 20 million actual uses of Ethereum unique addresses which only makes up 0.5% of internet base, shows that the Blockchain industry has a lot of leeway to grow.The event organized and presented by Huobi Pro; will be the first stop of its series of conferences held around the world.