The crypto sceptics turned off by the speculative activity associated with the proliferation of blockchains and associated crypto coins should take a closer look at Ethereum.
They will soon discover that Ethereum is winning the blockchain wars because it is emerging as the preferred utility for businesses seeking to digitize assets and services.
The growing commercial validation of this blockchain protocol, which is about to enter a new phase with a much anticipated event called “the Merge”, reminds Chanticleer of previous technology development cycles.
In the early days of technology adoption, multiple products vie for consumer and institutional adoption. Gradually, a select few technologies or technology platforms gain the scale to dominate, as happened in cloud computing.
Greg Medcraft, a former chairman of the Australian Securities and Investments Commission, is now a director of the Digital Finance Centre for Research and Co-Operation, and believes Ethereum is cementing its position as the preferred blockchain tool.
Continue reading: https://www.afr.com/chanticleer/ethereum-winning-the-blockchain-race-20220322-p5a6tt
They will soon discover that Ethereum is winning the blockchain wars because it is emerging as the preferred utility for businesses seeking to digitize assets and services.
The growing commercial validation of this blockchain protocol, which is about to enter a new phase with a much anticipated event called “the Merge”, reminds Chanticleer of previous technology development cycles.
In the early days of technology adoption, multiple products vie for consumer and institutional adoption. Gradually, a select few technologies or technology platforms gain the scale to dominate, as happened in cloud computing.
Greg Medcraft, a former chairman of the Australian Securities and Investments Commission, is now a director of the Digital Finance Centre for Research and Co-Operation, and believes Ethereum is cementing its position as the preferred blockchain tool.
Continue reading: https://www.afr.com/chanticleer/ethereum-winning-the-blockchain-race-20220322-p5a6tt
