Blockchain is one of the most disruptive technologies of the last 2 decades. Unfortunately, its entry barriers are known for being one of the biggest in the tech industry, making adoption a difficult task for developers and users alike. When regulation is added into the mix, it is easy to understand why mass adoption has not taken place yet.
As anyone who has dealt with decentralized apps or cryptocurrency knows, joining the blockchain space can be overwhelming. Crypto wallets, tokens, cryptocurrency, blockchain networks, gas, addresses, protocols, and exchanges, are only some of the terms a beginner will find. There is no going around it and denying it, blockchain is not the most user-friendly technology out there.
If understanding these terms and navigating them is hard as a user, understanding how they work on the backend and the complex infrastructure that supports it can be even harder. In fact, ease of development is considered by many as one of the biggest issues preventing corporations from actively using blockchain. Not only are blockchain developers in limited supply but the work required to transform existing infrastructure into its decentralized version can also result in high costs.
Continue reading: https://gritdaily.com/struggling-to-adopt-blockchain-meet-the-token-that-could-change-that/
As anyone who has dealt with decentralized apps or cryptocurrency knows, joining the blockchain space can be overwhelming. Crypto wallets, tokens, cryptocurrency, blockchain networks, gas, addresses, protocols, and exchanges, are only some of the terms a beginner will find. There is no going around it and denying it, blockchain is not the most user-friendly technology out there.
If understanding these terms and navigating them is hard as a user, understanding how they work on the backend and the complex infrastructure that supports it can be even harder. In fact, ease of development is considered by many as one of the biggest issues preventing corporations from actively using blockchain. Not only are blockchain developers in limited supply but the work required to transform existing infrastructure into its decentralized version can also result in high costs.
Continue reading: https://gritdaily.com/struggling-to-adopt-blockchain-meet-the-token-that-could-change-that/
