If you are thinking of investing in cryptocurrency or blockchain technology, or considering an entrepreneurial foray into the space, now could be your time.

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The concerns around the lack of interoperability are a false flag by the bears.

As a result of blockchain technology, business operations are becoming smarter. According to John J Reilly, this technology is set to transform a wide range of industries, such as healthcare, supply chain, financial services, and many others. According to a report by CB Insights, Pfizer and Walmart have developed blockchain pilots in food safety and medicine tracking. Blockchain-based ICOs have also gained traction, raising over $2B in 2017.

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The blockchain ecosystem is rapidly expanding. New blockchains or different consensus mechanisms are announced continuously, resulting in a more mature ecosystem. For blockchain technology to achieve…

This is one of the most common, and perhaps valid, criticisms of blockchain technology today. Many intelligent, well-intentioned individuals accept the fact that crypto and blockchain work as intended — but there’s just one problem: For every blockchain solution, isn’t there a centralized solution that does it better? This seems to be the fundamental question. […] The post Is The Blockchain/NFTs a Solution Looking For a Problem? appeared first on TechBullion.

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