Crypto startups now more actively use word ‘DLT’ (Distributed Ledger Technology), than ‘Blockchain’, according to a new report from Forrester Research.
The report states:
“On the tools and services side, we’ll witness steady but cautious progress. ‘Cautious’ because DLT hasn’t proven to be a significant, reliable revenue stream for software and service providers, and 2019 won’t be any different.”
Forrester analyst, Marsha Bennett, admitted the existence of some parallels between DLT and the Internet, but she also highlighted that blockchain is different because “if one company says ‘I’m going to do something,’ it doesn’t matter. This is an ecosystem play.”
Earlier, a study published by IPRDaily revealed that China and the U.S. are leading the global drive to develop blockchain applications.
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