Mass adoption of blockchain tech is possible, and education is the key
Categories: US BLOCKCHAIN
Blockchain technology is one of the most promising technologies of our times, and the core concept of it is really simple. Essentially, it is a public ledger or database, and I think that public education about what blockchain actually is can be the key to its mass adoption.Lack of knowledge and perception from the general public of the differences between blockchain technology and cryptocurrency are the major hurdles of mainstream adoption. Hollywood and the mass media still portray the industry as having a deep criminal element, associating it with the shady past of Silk Road and the darknet. Blockchain technology, business and users From a business-to-business perspective, the main obstacles in the way of adopting blockchain technology are additional costs and a total transformation of how business is conducted, resulting in certain jobs becoming redundant. Implementing blockchain technology into a business is an expensive option: It requires additional personnel and training in specialized skills that many don’t have. I’m not sure some industries are quite ready for this yet, but in my view, implementing blockchain is effective in terms of costs and time. Until we educate people about the endless possibilities that emerging technologies could offer, mass adoption will be hard to achieve. That is why it is essential to bring these technologies and the knowledge about them to younger generations, where real transformations can and should be gained.I would like to remind the young, ambitious blockchain community that a goal without a plan is just a wish, and you never fail until you stop trying. This industry is still in its infancy and is so ready for ambitious ideas to become a reality.