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New paradigms for enterprise blockchain adoption

Published 01/30/2023, 08:00 AM
Updated 01/30/2023, 09:40 AM

Blockchain technology has created a new avenue to reconfigure the vision for the future of the internet. Data on the internet generated by individuals, organizations and other users are controlled by centralized entities, with a significant concentration of economic power and influence held by a few key corporate players who have thrived on data aggregation economics. This phenomenon has alienated users, removing trust in what they see, find, use or assimilate.

However, despite all these advancements, the acceleration and use cases of blockchains in the real world and the adoption by enterprise or individual developers are still minimal. There is a myriad of complexities involved in the dApp development process with many developers still steeped in using traditional tools and models associated with Web2. Let us examine a few limitations and problems in this space today.

Go low-code, no-code

Consider the factors of EVM-compatible blockchains

The future is multichain

Pay in fiat

Develop integrations

Conduct adequate due diligence

Invest in ecosystems

Concluding thoughts


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