The Challenges with Blockchain

 

Content

According to a report by Deloitte in 2019, 53% of enterprises has shown an interest and need for Blockchain but only 23% of those initiated any kind of development towards it because of some challenges with Blockchain.

Challenges To Overcome

• Scalability of Public Blockchain.
• Transaction Speed
• Decentralization
• Lack of Knowledge and talent
• The Blockchain Ecosystem
• Energy Consumption
• Lack of Standardisation

Despite all these challenges, there has been the application of Blockchain on the Enterprise level in every other industry today.

The 5 Big Problems With Blockchain Everyone Should Be Aware Of

https://tii.ai/GXKgBMa

7 Blockchain Challenges to be Solved before Large-Scale Deployment

https://tii.ai/BsRDpIe9

The Truth About Blockchain

https://tii.ai/A8HXEyGY

Five things that must happen for blockchain to see widespread adoption, according to Deloitte

https://tii.ai/h5OVgQ