Saturday, December 06, 2025 | 01:48 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Crypto bubble bursts, but blockchain will survive even if bitcoin doesn't

Latest blockchain applications could bring overdue change to critical, if unsexy, functions in shipping, real estate and…diamonds

blockchain
premium

Christopher Mims | WSJ
We’re now awash in “crypto” hype—cryptocurrencies like bitcoin and fundraising efforts like initial coin offerings. For every venture capitalist or technical expert, there’s a half-dozen hype men and fly-by-night startups making the entire space look like a 21st-century version of the Amsterdam tulip mania.

All that noise has obscured the bona fide efforts involving the underlying technology, blockchain. Of all the manifestations of crypto, it’s the most seemingly mundane applications of blockchain that could lead to the biggest and most concrete changes in all of our lives.

These applications can’t be found on a coin exchange, and they aren’t going to turn