Bitcoin is junk by now but deserves the honor of arms for showing us the powers of the blockchain. Which in turn is biting the dust behind a myriad of pseudo contenders.
CEO’s top technology priority in 2021 is blockchain, especially in the fintech sector. Five blockchain opportunities revolutionize banking and financial services for business and central banks’ adoption. As more emerging/new fintech blockchain services are available for adoption, existing financial services will require refresh/retro-fit upgrades. Banks, credit unions, and financial services must revolutionize their traditional services to be relevant within five years!
While blockchain-inspired technologies are slowly progressing, the full-blown Blockchain suffers from functional flaws and is hindered by a religious belief that decentralization be positively superior to centralization.