Blockchain is not a panacea, but where needed, it’s the savior By Cointelegraph


Blockchain is not a panacea, but where needed, it’s the savior

Blockchain technologies and their associated market gained tremendous momentum this past year. The colossal developments and the aggressive funding of ideas across this nascent industry have sparked some serious debate as to the veritable value of blockchain. Before implementing blockchain technology, managers, builders and developers need to ask themselves one question: “why blockchain?”

In order to understand how best to use blockchain technology, we must first define the trust assumptions in the system under consideration. Often, blockchain use cases overlook this question of a third party without ever considering whether that use case could be better met with a distributed or centralized alternative.

Lior Messika is the founder and a managing partner at Eden Block, a research-focused EU VC Fund focused on disruptive blockchain technology implementations. His entire career has been dedicated to strategy, growth and disruption. Lior’s early involvement in global businesses and industry-wide disruptions has shaped his professional approach in a uniquely deep manner. Lior has spent all of his life researching business theory, deciphering the ideas behind parabolic growth and competitive strategy.

Continue Reading on Coin Telegraph

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.