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State of Blockchain: Q3 2016

Key trends, data and events from the third quarter of 2016.

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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

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  • 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.
Jacob Donnelly

Jacob holds value in bitcoin, zcash, ethereum, decentraland and basic attention token. (See: Editorial Policy).

Jacob is Managing Director of Digital Operations and a former freelance writer at CoinDesk.

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