Israeli Blockchain Association Archives - 2100NEWS

UrbanOctober 29, 2018


Israeli Blockchain Association, an organization whose primary objective is to educate, develop and empower Israel’s distributed ledger technology (DLT) community, encourage best practices and connect it with global leaders in the blockchain space, has released its third Israeli Blockchain Startup Map.

According to a recent press release by the organization, there are now more than 200 blockchain-based businesses in Israel.

Israeli Blockchain Adoption Steadily on the Increase

Blockchain technology, the groundbreaking technology behind bitcoin and other cryptoassets are undoubtedly gaining broader adoption across various industries around the world. Now, per a report by the Israeli Blockchain Association, there are now more than 200 DLT-related startups in the nation-state.

The body claims that at least 57 Israeli DLT startups are using blockchain to disrupt the nation’s financial technology (Fintech) ecosystem while about 37 firms are focused on the Protocols/Core Infrastructure sectors and several others operate in the security sector of the economy.

20 Blockchain Projects Have Crashed in Israel Since 2018

Of a truth, blockchain technology has proven it has several excellent potentials to that could help transform a vast array of industries, the fact remains that most startups fail to fully understand the nitty-gritty of distributed ledger technology before embarking on their project. This lack of due diligence on the path of these ventures has led to the death of a significant number of blockchain startups.

As reported by TechCrunch earlier this year, thousands of blockchain-linked projects have kicked the bucket so far in 2018, and several others have little or no real use cases. Interestingly, the Israeli Blockchain Association has made it clear that the country has also had its fair share of dead blockchain reports, with about 20 startups no longer functional.

“The Israeli blockchain ecosystem is presently experiencing both a boost and a transformation,”

noted Founding Partner of Israeli Blockchain Association, Roman Gold, adding that most of the local blockchain startups are shunning initial coin offerings (ICOs), plying the equity financing route instead.

Gold also reiterated that a significant number of institutional investors are now venturing into the Israeli blockchain ecosystem. He concluded that,

“Today, fewer startup founders are coming out of morally questionable markets, such as binary options, and gambling. Instead, more institutional players are starting to enter the market. In essence, the market is going through self-purification,”

Forward-thinking corporations and global businesses are fast joining the blockchain bandwagon. Recently, technology giant Sony Corp launched its blockchain-based rights management system for digital content.

About us

We are the new economy news hub. 2100NEWS is the professional index, data, and tools provider in the digital asset space, offering Crypto Market Intelligence, providing the perspective you can trust and equipping you with information edge you need to stay ahead. (Real-time data of token issuers and news, analysis and commentary from community.) We are very excited to contribute to the evolution of the industry and build an ecosystem around our offering (the institutional-grade data infrastructure required to enable institutional investments in digital assets). We want our contributions (Contents and Tools on to be useful for helping investors.



Latest posts


  • ethereumEthereum (ETH) $ 545.65 7.72%
  • rippleXRP (XRP) $ 0.632455 17.36%
  • litecoinLitecoin (LTC) $ 74.05 8.66%