Is Blockchain a Failure?
Blockchain is an amazing ledger technology that helps organizations to process business transact in a business network. It features data decentralization, immutability and helps to establish peer-to-peer communication. Blockchain is a way to remove insufficiencies within the business network and include a secure financial system i.e. time chain. Then the question is, why not are all organizations making it to production? Is it a failure? Well, the answer is yes, you can call it was a failure but not completely. In reality, many of the blockchain projects didn?t make it beyond proof of concept. There were some mistakes in the implementation which is why the blockchain system failed.
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