The rise of blockchain technology shows in the sharp growth in blockchain start-ups and by the volume of their funding.
Massive funding started in 2014 and increased from €450 million to €3.9 billion in 2017 and over €7.4 billion in 2018.
Initial coin offerings (ICOs) have been driving funding to blockchain start-up ecosystem, but increasing inflows of venture capital mean a growing business maturity.
In 2017 the USA and China were leading in new blockchain start-ups, but in the following year the numbers shrank globally except for China.
The UK has a key role in Europe. The country has the highest number of blockchain start-ups (almost half of them) and it attracts about 70 % of EU investments.
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Blockchain Now And Tomorrow - Assessing Multidimensional Impacts of Distributed Ledger Technologies
Report: Blockchain Now And Tomorrow - Assessing Multidimensional Impacts of Distributed Ledger Technologies
Facts4EUFuture - a series of reports for the future of Europe