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Komfie Manalo, Opalesque Asia: A study by information service provider NetworkNewsWire (NNW) has found that investor interest in blockchain technology continues to rise, as additional applications have now arisen.
The study showed that various industries have begun researching ways to implement blockchain technology including: finance, cyber security, supply chain management, voting, government, and healthcare.
"Many major companies have recently seen their stock shares soar, as the news broke about the addition of blockchain technology to their business models, thus indicating a major trend among investors," NNW stated.
Hedge funds invested $2 billion in cryptocurrency in 2017, more in 2018
An independent report by Morgan Stanley entitled "Bitcoin Decoded" estimates the investments made by cryptocurrency-focused hedge funds reached $2 billion in 2017. In the report, Morgan Stanley expected more money to be pumped by hedge funds into cryptocurrency in 2018.
Data provider Hedge Fund Research also expects the momentum to be sustained this year.
HFR President Kenneth J. Heinz stated, "We had anticipated a continuation of this favorable trend in new launches which we expect to continue with the added tailwind of growth not only from risk parity and risk premia strategies, but also from funds focused on Asian and emerging markets, technology, healthcare and activist, as well as from man...................... To view our full article Click here
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