The 5 Big Problems With Blockchain Everyone Should Be Aware Of

Blockchain is often touted as a world-changing technology and in many ways, it is. However, it isn’t necessarily the cure-all panacea for the world’s problems that many evangelists would have you believe.

 According to Bernard Marr, a best-selling author & keynote speaker on business, technology and big data, some of the issues with blockchain are as follows:
  1. Blockchain has an environmental cost
  2. Lack of regulation creates a risky environment
  3. Its complexity means end users find it hard to appreciate the benefits
  4. Blockchains can be slow and cumbersome
  5. The “Establishment” has a vested interest in blockchain failing

Read more

Both comments and pings are currently closed.

Comments are closed.