Blockchain Caveats

1
1993 views

While blockchain has been heralded as a transformational technology, it may not necessarily solve all the problems that it has been hyped up to solve, and could lead to new types of problems. What do you see are the associated problems?

Blockchain Technology
Blockchain
Implementation Methodology
Matthew Liotine, PhD
77 months ago

3 answers

0

New types of problems? sometime complexity could lead to human errors, security just comes with simplicity, costs and speed, size of the blockchain, regulation and jurisdiction

Paolo Beffagnotti
77 months ago
0

Until blockchain is more mature, unintended consequences.

Tom Walls
77 months ago
0

I think there are two kind of problems. The first one are traditional , such as security, performance and scalability. Many bloc chains are dealing with these problems. Still there are no standards (at least global) for blockchain.
The second kind of problems are identifying the use cases. Honestly, internet and client server arrangements are doing pretty good for various systems.  A strong business case in terms of clear ROI has to be there switching something to blockchain.  

Hitesh Mathpal
77 months ago

Have some input?