Moody’s Clients Working on 120 Blockchain Projects, Report Shows

As many as 120 blockchain-related projects are being undertaken by governments and companies rated by credit agency Moody’s, new data shows.

But the reality is blochain is still early stage beyond bitcoin:

“There is significant enthusiasm for the potential of the technology, but there is still a limited track record of large-scale blockchain implementation in a regulated environment, and many hurdles lie ahead before we see widespread applications,” Robard Williams, an SVP for Moody’s said in a statement.

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