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Blockchain: Differentiating the Hype from Reality
Maybe you’ve heard of the blockchain and don’t get the fuss. Perhaps you haven’t, but it’s improbable for anybody to be unaware of the buzzword. According to industry experts, blockchain can affect most IT professionals’ businesses over the next five years. Leading market research firm Gartner has predicted that blockchain will support the global movement and tracking of $2 trillion of goods and services by 2023.
There has been an immeasurable amount of hype surrounding blockchain technology over the last few years. It has been introduced as a solution to a wide range of problems and industries that find it extremely difficult to keep it up, let alone build a relevant and sensible approach to the technology.
One of the interesting and major aspects of this technology is its high number of investors — including people who believe it has the potential to solve everything from global financial inequality to providing the access to financing for start-ups. Moreover, it also has the potential to provide ID for refugees, critical solutions to global supply chain problems, and empower people to sell their houses without the need to approach a real estate agent.
It has somewhat begun to seem that the most obstinate and complex of the world’s…
