Despite being over 10 years old, blockchain is still a bleeding-edge technology that’s yet to develop technologically to meet its full potential. Blockchain’s ability or potential to disrupt incumbent industries is a significant consideration for fintech investors and enthusiasts alike.
When researching and evaluating blockchain-based projects, it’s important to have a sound understanding of:
- the industry (or industries) the project is looking to disrupt,
- whether blockchain is a necessary ingredient to disruption, and
- whether blockchain technology in its current form is capable of causing disruption.
Many newcomers to the crypto space don’t spend enough time or energy learning about blockchain. As a result, many have a distorted interpretation of blockchain technology’s current limitations versus its potential future advantages.
Head to ‘What is Blockchain Technology?‘ for more.