The major focus for Bitcoin and blockchain technology has been on the financial aspect over the past few years. This focus stems forth from the Bitcoin price volatility that was marked by its highest price point in 2013 and has gone down ever since. But we are losing track of what blockchain technology will allow us to do, assuming it is executed properly.
The Next Development Revolution Hailing From London?
London, England has been the financial capital of the world for quite some time now. It should come as no surprise then to find out that London is also attracting quite a lot of Bitcoin-related companies and developers. After all, any decent project will need proper funding, and what better place to secure that funding than the financial capital of the world?
However, it is important to note that most of the VC funds flowing into the Bitcoin space are going towards US-based companies, such as Blockchain, Blockstream and BitPay. On the other hand, some of those VC funds are coming directly from London, with firms such as Index Ventures and Mosaic Ventures supporting the future development of blockchain technology.
But that is not all, as