The blockchain hype is real, and it’s become the talk of C-suites around the world. Quarterly reports and conference calls that mention “blockchain” are running at an all-time high this earnings season. Behold:
Incidentally, the price of bitcoin, which is the first technology to use a blockchain, has also soared this year. Are corporate executives talking about blockchain because the sky-high price of bitcoin has made the technology impossible to ignore? That’s certainly a more likely explanation than the opposite: that the bitcoin price is surging because C-suite execs are chatting about it with analysts.
From tech firms to banks to retailers and beyond, investors now expect execs to explain their companies’ positions on blockchain technology. (“Just have to ask the blockchain question,” a JPMorgan analyst said on stage to a software company exec earlier this week.) Here are some recent highlights: […]