RE: The Problem with Blockchain Technology

The decentralized nature of the blockchain undoubtedly offers many advantages in terms of data storage and security, while allowing transactions to be validated and verified without errors or human bias, that is completely true. As for the rest, the truth is that I think that, despite having flaws, blockchain technology offers many more advantages than problems and that it has a great future ahead of it.

By the way, some things about blockchain technology can be viewed both positively and negatively, depending on the case, for example, the fact that the information that is written and stored in the blockchain is indelible; it is negative if we want to delete something permanent, but it is positive for activities where a permanent and immutable record is necessary and desirable. Hence, this feature of the blockchain is necessary not only from the point of view of data and transaction validation and verification, but also for the potential development of thousands (perhaps millions) of future applications.

I agree with you in everything you say in this article. Thanks for sharing. Greetings.

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