Can you trust Blockchain for your company ?
Can you trust Blockchain for your company ? Blockchain has grown so fast in the recent year that sometimes your head will spin on what it can do and what it cannot do. Companies must be extremely careful with various consultants or gurus who indicate that using Blockchain technology will be the end all. Consultants are cropping up with impressive frequency in even the most unlikely startup pitches and while blockchain technology does have genuinely interesting and potentially powerful use cases, it has enormous drawbacks for consumer applications that get little mention in media coverage. As it stands, blockchain is caught between three competing objectives: fast, low-cost, and decentralized. It is not yet possible to make one chain that achieves all three. Fast and decentralized chains will incur a high…