Israeli blockchain startups have tripled this year to 200

posted about 2 months ago
There are now more than 200 blockchain-based businesses in Israel, according to a report by the Israeli Blockchain Association. The blockchain association claims that at least 57 Israeli DLT startups are using blockchain to disrupt the nation’s financial technology (Fintech) ecosystem while 37 firms are focused on the Protocols/Core Infrastructure sectors and several others operate in the security sector of the economy.

Founding Partner of the Israeli Blockchain Association Roman Gold said “The Israeli blockchain ecosystem is presently experiencing both a boost and a transformation...more institutional players are starting to enter the market. In essence, the market is going through self-purification”
Tags: blockchain, news