Post
Topic
Board Trading Discussion
Re: What is the potential of blockchain technology?
by
dimonstration
on 20/12/2021, 14:16:52 UTC
That is acceptable with all the advantages that exist in the blockchain itself. However, no matter how great blockchain technology is, there are still 3 problems: scalability, security and decentralization. In your opinion, what sector can cover this shortcoming which can later become a benchmark in making improvements in blockchain development?
It may not solve all problems at one project but blockchain can be designed depending on what use it can be really for. It can be focused on its security if the project relies more on security or transparency. Over the years we see how many projects come and go with blockchain systems. It will require continuous development in each project until the goal is reached. Blockchain is a great help to improve every existing system that maybe used in a company, organization or even in a government. The demand for it will soon to arise more as technology advances.