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BLOCKCHAIN QUARTERLY | Q4 2018  

Executive summary

To say things in few word, the crypto-market downtrend is continuing, and the real applicative value of DLTs continues to be debated. Indeed, initiatives launched in 2017 and early 2018, ICOed and skyrocketed immediately came into scrutiny. Not only do people have taken time to realize that the
valuation was insanely high for these stages of ventures, but heavy doubt about actual relevance of the technology for the business problems have been casted, as very few DLT applications come actually in industrial production.