#blockchain is Useless. NOT.
▻https://hackernoon.com/blockchain-is-useless-not-516ac84094a7?source=rss----3a8144eabfe3---4
I’d like to take a moment before the rumored bull-run of August hits and address the current wave of toxicity that the industry is currently dealing with.“Blockchain is just a slow database” — Bitcoin MaximalistsYes, the ICO wave of 2017/18 has been largely disappointing. Roughly $6.8b was raised with little to show for it. In many people’s eyes, blockchain technology has been a major let down with many projects simply not working out.Does this mean they are right? Does this mean this tech is not applicable to much of anything? I don’t think so.The Gartner hype cycle for emerging technologies. The blockchain is in the trough of disillusionment.Folks, may I remind you that new tech is always slow as heck because it’s brand new. Today, blockchain is mostly good for applications that can’t do (...)