Cryptocurrency

Crypto prices are down but blockchain is still developing

Bitcoin prices were down roughly 80% from the highs of November 2017 when prices reached over $19,000 per coin on some platforms. The rough trading year has brought all cryptocurrencies lower in valuation as many retail investors have lost large. Throughout this tough trading period, blockchain has still developed to grow with more businesses launching services. Just today at AWS re:Invent 2018, Amazon has publicly announced two new blockchain services with a focus on centralized and decentralized ledger applications. Even though crypto prices have been disappointing, the real players in the industry have continued to build and are developing the infrastructure needed for mass adoption. Our clients have been unaffected by the lower crypto prices and they remain focused on developing high quality products for future customers.

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