
Most of the blockchain firms that closed in 2019 were cryptocurrency scams or had deficient business models, according to recent research.
Research sent to Cointelegraph by Chinese market research firm EqualOcean on March 26 suggests that most blockchain-backed Chinese businesses that halted their activity last year had major flaws.
Continue read:https://cointelegraph.com/news/most-of-chinas-dlt-firms-that-closed-in-2019-were-scams-or-poorly-planned