Blockchain is undoubtedly one of the new buzzwords in the tech community, and the press coverage of the Bitcoin mania of late 2017 only added fuel to the fire. However, blockchain is a much more revolutionary form of technology beyond cryptocurrencies.
The Potential of Blockchain
Blockchain, while still in its infancy, has the potential to revolutionize the healthcare, marketing, and FinTech industries, among many others. In fact, Grand View Research, Inc. predicts that the market size for blockchain technology could reach $7bn by 2024. Unfortunately, blockchain technology still faces a significant obstacle: mass adoption.
Problems in Blockchain Startup Funding
While blockchain is getting very positive press, few organizations are equipped to support blockchain startups, and many traditional funding sources are a bit skeptical given the slide of the cryptocurrencies. This has made it hard for startups to secure funding from firms, especially firms which have little understanding of the underlying technology.
How Cloudshadow Can Help
Fortunately, Cloudshadow is an experienced software development company with an extensive portfolio of companies specializing in advanced software solutions. But more important, we are a venture resources firm that provides funding and professional services
Apply For Blockchain Startup Funding
Cloudshadow has helped fund startups all across the IT sector and currently boasts an extensive portfolio of successful tech companies it has helped fund.
We’re committed to helping young startups in blockchain see their ideas become a reality. If you have a blockchain idea that you think we can help with, please contact us to set up a meeting.