Economist Editorial Skeptical about Short Term Growth of Blockchain Technology
A healthy dose of skepticism is well, healthy. As for The Economist, their opinion is pretty much in lockstep with much of the world’s biggest industries that have been predicted to be ripe for adoption of blockchain technology. With specific mention of the financial and banking industry, the editorial goes into why blockchain technology may be a slowly adopted innovation. In the editorial, the author points to the hyper-competitive nature of financial firms and banks as being a hindrance to the proliferation of blockchain technology. Due to the lack of cooperation between the world’s....
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