Most of the companies that were planning to implement blockchain technology into their business have to abandon this idea. According to the experts, 9 out of 10 companies will never be able to carry out necessary changes.

Ron Resnik, the executive director of The Enterprise Ethereum Alliance (EEA), believes that new blockchain development will have a fresh start in 2019 and right now companies are just having a look at it.

The situation is even worse in Russia. According to the reports, the majority of the projects that already arranged their primary offerings, can’t launch their products. The number of Russian ICO is extremely low. Technically, around 20% of the projects are designed and developed by the Russians, however, they officially set and registered in other countries.