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2019-12-31 12:46:54

Blockchain industry in Israel witnesses 32% growth this year

According to a study conducted by an Israeli financial news outlet the blockchain industry in Israel remains surprisingly undeterred despite hostile market conditions, lack of regulatory infrastructure, and closures of some high profile crypto ventures. Israel has experienced accelerated technological growth in recent years with renewed interest in blockchain and cryptocurrency. And while it continues to remain a hotbed for several crypto startups and novel inventions in the crypto sphere, it still lacks the much-needed infrastructure and regulatory guidelines to make the most of the newest technologies. According to a report published by Globes last month, the country is yet