Challenges on Wide Adoption of Blockcahin from View of Innovaion

Abstract

Blockchain technology collects huge amount of attention as a new foundation of innovation like the Internet after the Bitcoin paper published in 2008. On the other hand, we need to understand the true nature of Blockchain technology toward innovation because there are many extravagant advertisements for this technology. In this article, explanations on Blockchain technology for right understanding toward a foundation of innovation, issues for wide adoption and solution for the issues are provided.