Please blockchain, prove me wrong and get your shit together in 2020
Reported today on TheNextWeb
For the full article visit: https://thenextweb.com/hardfork/2019/12/29/blockchain-technology-mainstream-adoption-pros-cons-2020/
Please blockchain, prove me wrong and get your shit together in 2020
I've been covering the nascent - and often weird - world of cryptocurrency and blockchain since January 2015.
During this time, I've seen banks dismiss the digital currency but declare their undying love for its underlying blockchain technology, and more recently open up about plans to possibly launch their own version.
I've witnessed the wild conspiracy theories, the proofs-of-concept, the crime, the hype - you name it, I've seen it, and probably even written about it.
Blockchain is clearly not the only emerging technology that's gained momentum in recent years. Advancements in artificial intelligence or the internet-of-things, for example, have also received significant attention. But there's something quite disconcerting about the way in which blockchain hype is portrayed.
Ugh, the hype
We've often heard the line that "blockchain is a solution looking for a problem" and in a way, I have to say I agree.
The notion of decentralization definitely seemed interesting in the aftermath of the 2008 financial crisis as consumers rightly lo