Challenges of blockchain in accounting – Enpatika
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Challenges of blockchain in accounting

What is the biggest problem with blockchain?

27 March 2022 Enpatika.com Genel

The redundancy of blockchains makes them hard to scale . Every device in your network must have a copy of every transaction made. That means hundreds of copies of the same data! It requires massive storage, and the bigger the blockchain, the more power the nodes need to process everything.

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What are blockchain limitations?

27 March 2022 Enpatika.com Genel

Because of its limitations ― issues with scalability, implementation, private keys, integration with legacy systems, high energy consumption, and the lack of talent ― blockchain could cause temporary business disruptions.

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