Regulation- blockchains exist orthogonally to the law and can’t be easily overturned . In heavily regulated industries that require interpretation, blockchain could be difficult to effectively apply. It’s difficult to comply with all rules and often can’t be easily tailored to existing regulatory infrastructure.
Read moreIs blockchain still relevant 2020?
Blockchain in 2020 Gartner agrees by naming “Practical Blockchain” one of the most important technology trends of 2020. One thing that did not change over time is the relevance of global cryptocurrency trade. Trading remains the most important and valuable application of blockchain technology .
Read moreWho actually uses blockchain?
Microsoft, Amazon, Tencent, Nvidia, J.P. Morgan, Walmart, Alibaba, PayPal, Samsung and the Bank of China are among the 27 companies with live blockchain operations.
Read moreIs blockchain actually good?
Blockchain increases trust, security, transparency, and the traceability of data shared across a business network — and delivers cost savings with new efficiencies.
Read moreDoes anyone actually use blockchain?
Everyone says the blockchain, the technology underpinning cryptocurrencies such as bitcoin, is going to change EVERYTHING. And yet, after years of tireless effort and billions of dollars invested, nobody has actually come up with a use for the blockchain —besides currency speculation and illegal transactions.
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