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Together with Insurtech, blockchain is now one of the leading investment sectors in fintech. In 2015, half of all the fintech dollars raised were investments in the distributed ledger technology. The pace has not slowed down in 2016 for blockchain, which is set to eclipse 2015 already.
Without proper applications, blockchain technology has no use to the average person. Then again, a lot of these projects should come to fruition in the next few months. For now, venture capitalists are still pumping a lot of money into this technology. But unless results are shown soon, that situation may come to change.
http://themerkle.com/blockchain-investments-equaled-half-of-all-2015-fintech-vc-funding/
