The study conducted by the Cambridge Center of Alternative Finance (CCAF) indicates that individual firms created over seventy percent of blockchains. The research also indicated that the blockchain hype that started after the 2017 Bitcoin bulls had ended as well. Now blockchain companies are moving towards more realistic avenues for adoption. Live blockchains: Who owns them? The CCAF talked to over one hundred and sixty companies. The company researched into slightly less than seventy (67) live blockchain networks. Among those around forty-seven networks were created by individual firms. Consortiums and other conglomerates created over twenty percent of these companies. Meanwhile,
