Considerations for Blockchain's Future
( #blendpad is aware of too many things)
1) Industrialization Challenges
Blockchain technology has yet to establish a strong technological foundation for practical industrial applications. While its potential is enormous, its practical application in industry remains limited.
2) Integration of Artificial Intelligence
The combination of blockchain and artificial intelligence (AI) is still in its early phases. The majority of use cases remain theoretical rather than realistic, across industry and other sectors.
3) Scientific and technical definitions
To be scientifically and technically defined, a field must be capable of predicting its own borders. This level of clarity has not yet been attained with blockchain technology.
4) Decentralization and intermediaries
Decentralization is a fundamental principle of blockchain. However, the presence of powerful intermediaries contradicts this idea, implying that true decentralization is still more of a notion than a reality.
5) Centralised Benefits
The distribution of advantages within the blockchain ecosystem is more centralized than inclusive.
Developing a Sustainable Blockchain Future To build a sustainable blockchain universe, community sharing and collaboration must be prioritized over money accumulation during market booms.
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