5 Challenges of Running A Blockchain Company

5 Challenges of Running A Blockchain Company

While entrepreneurs identify Blockchain as a revolutionary technology and a prospective business area, what are the challenges associated with the actual implementation of Blockchain technology? CoinTelegraph spoke to the founders of Peer-to-Peer (P2P) node support company Node40 to learn the most challenging aspects of their business since launching in 2015. Node40 is the premier Dash masternode service provider, focusing on automating the commissioning process and supplying a monitor for their customers to view the health and valuation of their nodes. Perry Woodin, Founder at Node40,....


Related News

Using Gamified Hacking Challenges To Attract New Blockchain Developers

The blockchain ecosystem is always in need of more developers who want to push a fresh spin on the concept of distributed ledgers. Despite several conferences and development workshops around the world, it is rather difficult to attract coders on a larger scale. A new solution by Uber, which gamifies the aspect of hacking challenges, might be something to take note of by Bitcoin and blockchain companies. Hacking Challenges Through Games. Scouting for new developer talent is not an easy task, but there are certain tools to make life a bit easier for companies. Hacking challenges are an....

BitSoko Receives Global Challenges Exploration Grant

The most innovative idea to fight the greatest healthcare challenges is built around Bitcoin. BitSoko is one of the 52 projects that received Phase 1 grants as part of the Grand Challenges Explorations program. The Grand Challenges Explorations program is part of the Grand Challenges in Global Health initiative started in 2003 which is a family of grant programs directed at developing tools to help overcome various issues plaguing the healthcare domain in the developing world. The Grand Challenges Explorations is a $100 million grant program started in 2009 by Bill and Melinda Gates....

Google Cloud Is Running a Solana Validator, Blockchain Node Engine to Support...

After Google Cloud announced that it would offer a product called the “Blockchain Node Engine” and further noted that Ethereum would be the first blockchain supported, the company revealed it was running a Solana validator on Nov. 5, 2022. Google said that the cloud division is currently working with Solana in order to bring the firm’s Blockchain Node Engine to the Solana chain. Google Is Operating a Block-Producing Solana Validator, Firm’s Cloud Division Aims to Add Solana to Blockchain Node Engine’s Supported Blockchains in 2023 Google is stepping toward other blockchains....

DC Blockchain Summit: Exploring Challenges and Unique Applications of Blockchain

The Chamber of Digital Commerce has announced the launch of its DC Blockchain Submit, which will be hosted at Georgetown University on March 3, 2016, to explore policy challenges and application of the blockchain technology. The event will be joined by tech conglomerates, financial experts, government agencies, bitcoin startups, and cryptocurrency enthusiasts, bringing together top-funded technology firms to demonstrate unique use cases for the Bitcoin blockchain technology. Some of the many applications of the blockchain technology which will covered in the Blockchain Innovation Showcase....

Overcoming Blockchain Implementation Challenges

To fully benefit from blockchain’s enormous potential, enterprises must first overcome two formidable challenges: standardization and interoperability. Blockchain Standardization Challenges. Bitcoin’s blockchain technology is becoming increasingly pervasive. Indeed its potential is touted across the board, from the Nano Internet of Things to the....