State of Blockchain: Q3 2016

AccessTimeIconNov 17, 2016 at 2:46 p.m. UTC
Updated Oct 18, 2021 at 1:10 p.m. UTC

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"title": "State of Blockchain: Q3 2016",

"subtitle": "key trends, data and events from the third quarter of 2016.",

"publishDate": "November 17th, 2016",

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"summary": "

CoinDesk's Q3 2016 State of Blockchain report summarizes key trends, data and events from the third quarter of 2016.
Read feature: 6 Takeaways From CoinDesk's Q3 State of Blockchain

Also read the feature on our Ethereum Spotlight Study: CoinDesk Research: Ethereum Hard Fork Had Little Impact

We'd love your feedback on our reports

",

  • • Public blockchain startups, including exchanges and miners, adapt to a 'multi-blockchain' model.
  • • Banks continue to get very serious about blockchain tech with 14 of the top 30 banks engaging in proofs-of-concept.
  • • Investment in blockchain tech is down 18% year over year despite reaching $114m in the quarter.
  • • The struggle for Ethereum. Q3 2016 was a painful time for the network due to technical issues, competing issues, and the seismic DAO hack.

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