Never Mind Consumers, This Was a Year of Steady Infrastructural Progress

Never Mind Consumers, This Was a Year of Steady Infrastructural Progress 1  PASSIVE INCOME CRYPTO BITCOIN AND BLOCKCHAIN

Despite having operable smart contract blockchains like Ethereum in production, projects have struggled with product-market fit for decentralized applications in recent years. The industry might simply be too early. If we look back to how “mobile applications” progressed, they didn’t really solidify into a multi-billion dollar business until their infrastructure — smartphones like iPhone and mobile operating systems like Android — became extremely accessible, usable, and affordable. In the same way, blockchain infrastructure in the form of scalable blockchains, user-friendly wallet experiences, node and data services, and financial industry support…

2019 Saw the End of Blockchain Tourism

2019 Saw the End of Blockchain Tourism 2  PASSIVE INCOME CRYPTO BITCOIN AND BLOCKCHAIN

While hype surrounding crypto certainly helped drive consumer interest, funding, and innovation in the past, it has also perhaps overshadowed some of the hard business uses to which blockchain is uniquely suited. These advantages include immutability. Blockchain can readily digitize the paper processes once relied upon to share information up and down supply chains. In the longer term, the technology can even make it possible to exchange value between participants where an efficient market maker does not yet exist, for example with carbon credits or cross-border remittances, areas of commerce…