Last month, Kate Mitselmakher of Bloccelerate explained the key value of enterprise blockchain platforms like BlockApps in an interview with Forbes.

Kate is the CEO and founder of Bloccelerate VC, a venture fund focused on investing in blockchain companies primarily in North America and Europe – including BlockApps!

Read the whole interview here – excerpts below

In 2017 I finally found market validation of this thesis I had developed conviction about a few years prior…. Gartner conducted an extensive study… ultimately concluded that during the next 5 to 10 years, blockchain technology will generate $3.1 trillion of business value in the U.S. alone.

Last year alone, we had seen close to $3 billion spent on blockchain solutions by leading Fortune 500 enterprises—an 89% increase from the year before. Some of the largest conglomerates, such as Bayer, Vanguard, Walmart and others, have already successfully entered the deployment stage.

One of the portfolio companies we are very excited about is BlockApps. In the world where we have seen hundreds of blockchain platforms come and go, BlockApps has established itself by being laser focused on delivering real value to its clients with enterprise-grade solutions.

I still stand by all my predictions from two years ago. In fact, I am “putting money where my mouth is,” because we are actively investing in projects that are accelerating these trends.

For example, I predicted that over the next ten years we will see governments around the world to either create or adopt some form of virtual currency. As of today, 45 central banks are already actively researching CBDCs (central bank backed digital currencies).

Want to Hear More from Kate & Bloccelerate?

You can hear more from Kate alongside her founding partner and BlockApps’ founders in their upcoming session on Blockchain for the Modern Private Equity Portfolio.

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About BlockApps:

BlockApps was the first company incubated out of ConsenSys in 2015 and has created several industry innovations including the launch of the best, easy-to-use, most powerful Blockchain as a Service (BaaS) platform on the market called STRATO. Since launching STRATO on Microsoft Azure in 2015, BlockApps has become the first blockchain company to partner with all major cloud platforms (Azure, Amazon Web Services, Google Cloud Platform) and is a founding member of the Enterprise Ethereum Alliance (the world’s largest open standard blockchain organization). Today, we continue to expand our partner network and the enterprise-grade capabilities of STRATO.

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