Blockchain Fatigue Starts To Set In Due To Buzzword Approach

By January 20, 2016Bitcoin Business

Even though there seems to be a lot of positive focus on the future development of blockchain technology for real life use cases, there are still some people who need more convincing. At the same time, there are a lot of media misconceptions regarding the implementation of the blockchain, and creating a research group that is exploring the boundaries of this technology. Are we simply jumping the gun, or are some people suffering from blockchain fatigue?

Also read: The Bitcoin Testament – Where Digital Currency Ends Up When We Die Blockchain Integration And Research Are Different Things

TheMerkle_Buzzword Blockchain Fatigue When people get excited about the future of blockchain technology, the lines between a working concept and researching its possibilities seem to blur rather quickly. It is far from difficult to find a ton of different aspects and areas where blockchain technology can make a huge difference, but that doesn’t mean it will happen anytime soon.This buzzword hype is leading to blockchain fatigue for a lot of people.

Furthermore, there are a lot of blockchain-based efforts taking place right now. However, people tend to forget nearly all of these projects are only researching the potential of the blockchain on everyday life. This does not mean the blockchain will be used for any of these concepts per se, but the option has not been ruled out yet.

There is nothing wrong with getting excited about the news regarding how blockchain technology can change or prevent certain things, but seeing it in action will take many years. In this regard, both media and Bitcoin enthusiasts are jumping the gun, which can lead to frustration for people not active in the digital currency industry.

This is exactly what happens when blockchain suddenly becomes the new buzzword to indicate anything that has to do […]

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