Struggle with Block chain Technology

in #block2 years ago

It was clearly mentioned several times that Block chain is a powerful new technology that will disrupt many markets, but yet nothing concrete has happened yet

Issue with scaling block chain

https://techwireasia.com/2019/01/why-businesses-struggle-to-scale-their-blockchain-projects/

Tons of pilot project

https://www.forbes.com/sites/rebeccacampbell1/2019/01/08/experts-say-blockchain-has-yet-to-become-the-game-changer-many-had-expected/#22895449964a

I have seen many companies invest millions on pilot project but shelved it. A very big us bank has scaled back on block chain projects... The reason --> tug of war between folks who says, atleast for now what they try to use is nothing more than a glorified cloud database.

looks like the killer application has to come from consumer space. May be steem block chain or similar product can become a break thru product in near future..
I really really hope, this wont end up as another Tulip Mania!!!

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