[Translation] On-chain development to promote the adoption of off-chain?
This article is,a contribution by Alex Tinsman, representative of the NEM Foundation, to Cointelegraph (the original). It might be interesting to read with the understanding thatNEMis always on her mind.
Now, to the main topic.
over the past decadeblockchain and distributed ledger technology have had a significant impact on various industries. According to PwC Global Blockchain Survey, 84% of institutions have experimented with such technologies, and more than half of blockchain projects (52%) are in the research and development stage.
Industries aiming to achieve significant advances with blockchain include government sectors, as well as financial services, manufacturing, energy, public utilities, and healthcare. However, the future potential of such technologies is limitless.
In essence, any company looking to simplify the processing of a large volume of transactions while validating the legitimacy of those transactions can benefit from the use of blockchain technology.
So,what will blockchain look like over the next ten years? And,what challenges must be overcome for it to achieve mainstream adoption??
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