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FintechDecember 21 2023

Blockchain experimentation enters the next phase

While tokenised assets have become important features within the finance sector, the same can’t be said for blockchain infrastructures behind them. Are financial institutions biting more off of the technology than they can chew? 
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Blockchain experimentation enters the next phaseImage: Getty Images

Tokenised real-world assets have successfully secured their place within the financial sphere, attracting the interest of both retail and institutional capital investors. But the growth of enterprise blockchain is stagnating. 

Research company Gartner predicted that the business value of blockchain technology would reach $3.1tn by 2030. However, a large number of pilot projects have struggled to find investors in recent years.

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