Don’t Blockchain for the sake of Blockchain; Key Take away from the Beyond The Hype — Blockchain Insights from Industry Experts

Nicholas Tay
Merlion Review
Published in
2 min readAug 3, 2018

In the ICO-craze last year, even the most meaningless ICOs could raise massive amounts. Take a look at the 2017 crowdsale statistics of UET or Useless Ethereum Token.

(UEToken, 2017)

This had no whitepaper and on the UET website itself, investors were warned “You’re going to give some random person on the internet money, and they’re going to take it and go buy stuff with it… Maybe even a big-screen television. Seriously, don’t buy these tokens.”

However, the hype has since died down and the industry is moving to its next phase. To discuss what this phase might entail, panellists; Sarah Nabaa (Country Manager, VeChain), Hong Qi Yu (Founder, Tokenize), John Patrick Mullin(Managing Director, Trade.io) and Hayk Hakobyan (Partner, Vision Capital) were invited to the Beyond The Hype-Blockchain Insights from Industry Experts moderated by PwC.

In this article I will share some of the key take-away points.

Should every company adopt blockchain?

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