[Translation] In 2017, the blockchain "hype cycle" began to explode.

The "Hype Cycle" is a diagram that represents how the awareness, expectations, and adoption of a new technology change over time, and it was devised by the research company Gartner.


With that in mind, this article is the report from a South African financial media outlet.

Now, let’s read the entire sequence in translation.

Experts predict that the blockchain "Hype Cycle" will start with explosive momentum in 2017

The use of blockchain will create potential regulatory minefields (pitfalls) in the future.

The blockchain "Hype Cycle" is expected to begin with explosive momentum in 2017. This is because companies that have invested heavily in blockchain technology research are expected to demand concrete practical applications and a return on investment. Nerushka Bowan, a lawyer at Norton Rose Fulbright who specializes in technology, puts it that way.