Anndy Lian, Blockchain Advisor to Asian Productivity Organization brought up the point that blockchain is moving beyond the hype and facing reality:

”There is no doubt that blockchain is one of the most innovative technology globally. Singapore has long been well-known for nurturing blockchain startup companies and has a set of regulated framework in place for the digital assets market. I think in order for us to move beyond the hype, regulation bodies have to step up to support this innovation.”

Source: https://www.nbc29.com/story/41139313/the-next-trends-supporting-the-rise-of-blockchain-technology