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Oracles and the Expansion of Blockchain Utility (w/ Sergey Nazarov and Ash Bennington)

Media mentions of blockchain have grown ...

Media mentions of blockchain grew by almost 80% in Q3
CONTENT

  • Media mention rate of blockchain increased by almost 80% in Q3

  • Experts believe that domestic progress in the development of technology played a role in the mention of

  • So far, the technology lags significantly behind artificial intelligence and 5G in terms of mentions

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Throughout 2020, the number of mentions of blockchain technology in the media has been steadily growing, ICT experts say.Moscow

Media mentions of blockchain have grown ...

References to blockchain technology have skyrocketed in 2020 despite the global crisis. This is the conclusion reached by the specialists of the ICT.Moscow digital technology platform. According to published data, since April, the citation of the blockchain in the media has gone up sharply..

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If in the second quarter the mentions of the blockchain in the media grew by 40%, then in the third quarter the indicator soared by 78%. Distributed Ledger Technology (DLT) is an electronic database system spread across multiple network nodes, or … More has been featured in the media far more often in the past three months than in any month in 2019..

Source: ict.moscow

Media mentions of blockchain have grown ...

ICT.Moscow suggests that the interest in decentralized technology is due to its practical application in online voting systems. In early July, when the all-Russian vote on amendments to the constitution was completed, the media discussed the issue of using technology for the online format, writes ICT.Moscow. Read about the flaws in the blockchain voting system revealed by Internet users in the material BeInCrypto.

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Analysts at ICT.Moscow note that the launch of Sberbank’s cloud-based blockchain, SberCloud, has also raised the frequency of mentioning the technology. The recently adopted law “On digital financial assets” became a separate trigger for growth..

Government support

However, in Russian realities, the development of the blockchain was also affected by the official inclusion of the technology in national priorities. In mid-September, the editorial staff of BeInCrypto reported that Deputy Prime Minister of the Russian Federation Andrei Belousov included the technology of decentralized finance in the priorities for the development of public policy.

Source: ict.moscow

Despite the jump in mentions in the media, blockchain lags far behind other technologies, for example, the frequency of mentioning artificial intelligence in September alone was 2.4 thousand times.

Why the blockchain in Russia is not deliberately decentralized – read in the special material BeInCrypto.

Media mentions of blockchain have grown ...

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