Is The Blockchain a Fad or a Revolutionary Technology ?
This is the same question that was asked in the nineties about the Internet.
Do you know who asked it? The media. Newspapers, magazines, televisions, all of them.
Have you seen them now? Newspapers lost almost 70% of their profits from printed copies, many of them simply disappeared while the rest is trying to adapt to the new digital environment.
The same thing happened to magazines.
Televisions are also struggling to survive. If it wasn’t for the reality shows, televisions would also disappear -which is what they are already doing but with much slower pace thanks to Big Brother and Masterchef.
So Internet almost wiped them out. The same will do the blockchain technology to the companies that will not adopt it.
So to answer your question, no blockchain technology is NOT a fad. Soon this technology will trigger a revolution which will be simply unprecedented. And the businesses, companies, corporations and so on which will not adopt it will be the next newspapers of the nineties.
This post originates from my Quora answer you can find here : https://www.quora.com/Is-blockchain-a-fad-or-a-revolutionary-technology/answer/Alket-Cecaj?srid=n9bS
Well said, it has been years since i last read in a newspaper, I think plartforms like steemit will surpass most leading social networks.
Let's hope that one day this will become reality :-)
Blockchain is an unstoppable revolution!
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thnx for share
i like your content.
@originalworks