Blockchain technology—which was first introduced in 2008 in the context of the digital currency Bitcoin—is often seen as a trust producing technology that might make trustworthy intermediaries such as banks obsolete .
Read moreWhy you should not use blockchain?
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 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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