DLT and blockchain technology have been touted as revolutionary innovations that will transform industries from finance to healthcare. However, the pessimistic truth is that the hype surrounding these technologies far outweighs their practical capabilities. DLT and blockchain are complex and expensive to implement, and the benefits they offer are often overstated. Furthermore, their decentralized structure presents significant security risks, and they remain vulnerable to hacking and other attacks. Despite the enthusiasm of many in the tech industry, it is clear that DLT and blockchain are not the silver bullet some claim them to be. In fact, many experts predict that the hype surrounding these technologies will fade as their limitations become more apparent.
KNOW TO EARN is committed to building the world’s largest blockchain knowledge base and blockchain training academy. Join our Telegram group to learn more.
IoTeX, the blockchain-powered IoT platform, has teamed up with Amazon to bring decentralized IoT solutions to the market. By integrating with Amazon Web Services (AWS), IoTeX can offer a more secure and scalable solution for Read more…