Skip to main content

Blockchain Technology and Adoptation

 Blockchain - the key to adaptation

 In the past 40 years, the world experienced little or no internet service. Back then little computers that's was implemented was abacus (olden calculator), post office etc. 

 But now, the use of internet has become global and easy to use, even for those in Africa. If you look around you today, you will see many technology has taken over,

The olden calculator later advanced to electronic calculator.

Electronic mail came and took over post office

Phone internet came and took over the use of cyber café etceteras.

Blockchain Technology Adoption also is experience this presently because this is it early stage. As you know technology and the use of internet also experienced it.

Therefore, Blochchain Technology Adoption is growing gradually the same way the use of internet and technology had grown in the past years.

Although, Blockchain Technology Adoption isn't just pretty slow, but due to some prohibiting factors that needed to be solved by Blockchain developer around the world.

Blockchain Technology is still at its early stage, many countrys and citizen haven't know there way through it. Some country and their territory still don't accept Blockchain Technology because they haven't know the important aspects of it.

So, this article talks about the keys to Adoption of Blockchain technology. What makes Blockchain Technology slow in Adoption and the key success of it.

The Key to Blockchain Technology Adoption

First and foremost, I will talk about point that causes low Adoption in Blockchain Technology. And later talk about the solutions.
Points that causes low level of Adoption of Blockchain Technology ;

Low level of Mathematics

In mine point of view, this can be reason why people (especially in Africa) do not adopt easily to Blockchain Adoption. I thinks Blockchain Technology base with some mathematics statistic and many people have little knowledge about MaMathematics.

No account recovery

If you lost or forget your password, your account will not be recovered. Infact, some company allow private key. The key is used to enable transactions, when you forget this key, you will lose your funds.

Unfriendly Cryptos address

User suggested that Cryptos address is hard to memorized. Cant compare to your local bank account number. 

Low user privacy

In Blockchain Technology, transactions made by person or company is visible and can be seen by anyone. Dues, Blockchain Technology is transparent and open.

Solutions

Mathematics should be part of compulsory subject among others. Also free universal education should be allowed for people to have access to knowledge (Africans)

Several seminars should be done to enlighting people about Blockchain Technology. Coincola is a good example. They performed well organized seminars in Lagos, Nigeria.

In privacy aspects, Dash has solve that problem but its still a common issue to newbies.

Blockchain Developers around the world should do everything in their power to ensure transactions privacy. But might have consequence because Blockchain is a decentralized Technology.

Cryptocurrency like Bitshares and steam give readable add user.

Conclusion

Blockchain Technology Adoption is still at it early stage. Therefore, slow level of adoption maximal. Perhaps, there are some certain thing to do to improve the Adoption of Blockchain Technology.

Feel free to lets know your solutions and maybe you have any suggestions about the slowing Adoption.

Comments

Popular posts from this blog

How to open a verified cash app in Nigeria.

Create a verified Cash App in Nigeria and other Africa Restricted Countries - Ghana Updated on 18 Nov, 2020 Many questions as been asked online about the restrictions of cash app in many countries most especially, Nigeria. So many people will be wondering if they can get some trick or hack which they can use to verify cash app in there country. Some questions pops up to many Nigerians that ; how do I get verify on cash app? How long does it takes to get verified on cash app? Can I use cash app in Nigeria? How to verify cash app in Nigeria? Is it legal to send Money to Nigeria through cash app? All your questions and related one will be answered in this tutorial. But, First of all, I want you to know that cash app is not allowed in Nigeria. So an account will be difficult for Nigerians to create. Without much ado, I will take you through some process in which you can use to create a verified account with cash app here in Nigeria. And this process can be used also to other

Content marketing strategy

What is content marketing/strategy Content marketing is a form or strategy of marketing that involves the creation, publication, sharing and distribution of online material or content (such as video, blogs, ebooks, podcast etc) to a target or particular audience online. The definition is quite solid to my own point of view, so let me brief it to more simpler understanding. Content marketing simply means a way of advertising products and goods in a way of writing, sharing or publishing videos, blogs post etc on social media, blogging website, YouTube or any organization or platform that involves social groups online. Types/tools of content marketing strategy There are some certain tools or it can be called types of content marketing or strategies that promote content marketing  that will be highlighted below. Keep reading. 1. Blog post content marketing strategy Blog post is the most easy and popular way to promote content marketing. You need to write topics

The Power Of Sharing Content On Social Media

Social Media Social media is a great communication tools that can help businesses connect and promote their brands. As social media grows, so does the act of sharing. The potential to share content on social media is far more powerful than many people expected. The Power Of Sharing Content On Social Media. Social media networking provides unprecedented power to reach more people with content than ever before.  For example, I have a blog that my readers "share" or "like" my post. This tap into their connection in the related social media network. Many people read the post and some will share the post across their networks. The ability to reach more people therefore exponentially increases. Sharing content on social media platforms helps boost your brand and increase visibility. Sharing content on social media will help you bid an edge over your competitors and have authority over your brand. It was recently conducted by the Pew Resea