Month: July 2019

ComputerWorldIndependent

The top 8 problems with blockchain

Credit to Author: Lucas Mearian| Date: Mon, 08 Jul 2019 03:00:00 -0700

While blockchain holds tremendous potential for creating new financial, supply chain and digital identity systems, it’s often erroneously seen as a panacea for business problems.

The myriad of pilots and proofs of concept by large corporations and government agencies are showing real promise, but those projects don’t always lead to obvious business cases that justify doing something differently. Sometimes a tried and true technology like a relational database can perform the task much more efficiently than a distributed ledger based on peer-to-peer technology that will require complex governance and rules.

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