Investment in Blockchain

I have been in the technology industry for 35 years and have personally experienced many waves of technology, so here is my opinion on what is actually happening in the community Block chain. First, the majority of entrepreneurs who have created their own block-specific string forked version are "geeks" in the sense that they computer science scientists, coders and scientific data, and I like these guys. Then you have the business leaders to have functional expertise and respond to a personal call to start their own business and become a technology entrepreneur. But how much real world business expertise do they have a business to run after the first start-up? Secondly, a large number of successful startups have seeds or even Serie A confirmed in 2015 and 2016, and quickly burned through the building cool cash tricks, code branch again, building laboratories and hiring developers Retired and expensive programmers. One feels like children play with the latest gadgets, which lose attention to the goal of getting a return on investor money. Third, many of these start-ups are convinced that the way to go, in an open-source libertarian world, is primarily to sell proof of concepts for several hundred thousand, given that the end-user world is not yet ready For traditional commercial adoption and roll over the production levels of blocks Chain solutions - platforms - that create a current income and the creation of second-tier companies of the block level chain. Fourth, a number of owners / operators, I encounter its naive and obsessed with the preservation of the open source mantra and determined to give their developed code away freely. Some have no intention of generating income and do not even know who their code is downloaded, while others have not understood the concept of making a comeback. But maybe they are the smartest and have convinced investors to party with money, because investors do not even know what Block chain, firmness, LLP and snake code looked like, Even if they are hit in the face. Fifth, the banks were prompt to jump into the chain block missed in the fear of. They feel threatened and hovered over much of the resources and skills available, and the question is whether these projects will ever see the light of day. While banks promise a lot, they will slow down to ultimately determine the block technology of the chain as they are charged with draconian legislation, armies of compliance people and technology of inheritance that they can not pass. This distorted and somewhat deceived market considering their activities and investments, but they will be in the list of final adopters will incorporate. Six, investors could not wait to fill a vacancy in their portfolio with a block of investment chain, and fortunately for us, the fury of a "dotcom" lasted almost completed in the first half of 2016. The Investors have thrown money "geeks" very smart guys to build things, persuasively write white papers, and support early adopters, and there are many looking for investment opportunities. The problem is that the number of new opportunities to come across the beaches and many want their own travel using ICOs, Bloc crowdfunding the chain and foreign investment, which is also under the radar and not picked up funds. Seven, to the west there is much discussion around the MENA region and Asia, where it is an enormous activity in these regions and has the potential to make great leaps in technology. There is a closer link between the regulations, the central banks and the government, which are taking the lead, while the west is going to another meeting of the committee. This is just the end of Act I It does not feel like Block chain slows down, the exact opposite of where I am in the heart of the city of London, Shoreditch, the focus of innovation. I've met dozens of entrepreneurs every week with hot ideas and great concepts Blocking the chain with a lot of complaints that they do not want to go into the VC and PE channels. This is just the end of the first law of the block chain and has a brilliant opening scene. The second act is behind the closed, invisible curtains, where there are thousands of cases of use literally in the air and work. 2017 will be a year of transition for technology.