How Blockchain Technology Can Impact Industries

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.