Like any new technology, blockchain has had its fair share of growing pains. Around the world, this new market has suffered setbacks, many of its own making. From regulatory instability, to investors shorting the market, to dropping token values, all the way to poor technology performance, many of these pains are self-inflicted. What many fail to see — or hear — is that the biggest hurdle facing our industry is a communication issue. As the saying goes, “You can lead a horse to water, but you can’t force it to drink.”
Decentralized applications (DApps) have been regarded as one of the biggest potential uses of blockchain technology as they open a whole new world of consumer and business focused products that utilize smart contracts to create new functionality never seen before.