Five Challenges with Blockchain Adoption and How to Address Them

Blockchain technology has been surrounded by plenty of hype, leaving business leaders interested but often concerned about adopting it. At its most basic, blockchain refers to peer-to-peer distributed ledger technology that can record transactions between two parties efficiently and in a verifiable and permanent way, enabling tracking and traceability. This emerging technology has game-changing potential for a wide range of applications that go far beyond its roots in cryptocurrency.