{"id":240449,"date":"2021-05-02T16:07:00","date_gmt":"2021-05-02T13:07:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/mass-adoption-of-blockchain-tech-is-possible-and-education-is-the-key\/"},"modified":"2021-05-02T16:07:00","modified_gmt":"2021-05-02T13:07:00","slug":"mass-adoption-of-blockchain-tech-is-possible-and-education-is-the-key","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/mass-adoption-of-blockchain-tech-is-possible-and-education-is-the-key\/","title":{"rendered":"# Mass adoption of blockchain tech is possible, and education is the key"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a41277576ba6\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a41277576ba6\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/mass-adoption-of-blockchain-tech-is-possible-and-education-is-the-key\/#Blockchain_technology_business_and_users\" >Blockchain technology, business and users<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/mass-adoption-of-blockchain-tech-is-possible-and-education-is-the-key\/#Decentralization_and_the_younger_generations\" >Decentralization and the younger generations<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># Mass adoption of blockchain tech is possible, and education is the key <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDQvOTg3Nzg3MjQtM2YzZC00OGRjLWFmMTgtOTUxNDIzOGE4YzZhLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>Blockchain <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> is one of the most promising technologies of our times, and the core concept of it is really simple. Essentially, it is a public ledger or database, and I think that public education about what blockchain<em> actually <\/em>is can be the key to its mass adoption.<\/p>\n<p>Lack of knowledge and perception from the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">general<\/a> public of the differences between blockchain technology and cryptocurrency are the major hurdles of mainstream adoption. Hollywood and the mass <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a> still portray the industry as having a deep criminal element, associating it with the shady past of Silk Road and the darknet.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Institutional investors won&#8217;t take Bitcoin mainstream \u2014 You will<\/em><\/strong><\/p>\n<p>Another hurdle \u2014 which I can currently see as an insider of the cryptocurrency industry \u2014 is scalability. We have seen serious issues with both the Bitcoin (BTC) and Ethereum networks being throttled by excessive transactions and high transaction costs. Meanwhile, there are many chains \u2014 such as the Polkadot and Tron networks \u2014 currently addressing these issues.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Ethereum fees are skyrocketing \u2014 But traders have alternatives<\/em><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Blockchain_technology_business_and_users\"><\/span>Blockchain technology, business and users<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>From a business-to-business perspective, the main obstacles in the way of adopting blockchain technology are additional costs and a total transformation of how business is conducted, resulting in certain jobs becoming redundant. Implementing blockchain technology into a business is an expensive option: It requires additional personnel and training in specialized skills that many don\u2019t have. I\u2019m not sure some industries are quite ready for this yet, but in my view, implementing blockchain is effective in terms of costs and time.<\/p>\n<p>From a mainstream perspective, blockchain is still something not widely understood. A good blockchain business would need to develop a real-world use case for the general public. People don\u2019t particularly have to understand what the blockchain does. They just need to know what the outcome is and how it will benefit them!<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>DeFi needs real-world adoption, not just disruptive pioneering<\/em><\/strong><\/p>\n<p>I\u2019m in the creative industry, so I would certainly look out for anything that has to do with media, <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">movies<\/a> and the arts. I think the beauty of blockchain is that we can utilize it for nearly everything. That does, however, potentially mean some industries will get oversaturated with the \u201clatest, greatest ideas\u201d based on a blockchain model.<\/p>\n<p>Regardless, a startup that has a great use case for emerging technologies would definitely keep me \u2014 and other people \u2014 interested.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Decentralization_and_the_younger_generations\"><\/span>Decentralization and the younger generations <span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>\u201cNot your keys, not your coins\u201d springs to mind here. It is essential to give people the power and authority over their own money and financial freedom. 2021 has seen a boom in decentralized exchanges like 1inch, Uniswap, JulSwap and PancakeSwap \u2014 to name a few \u2014 taking trading to a new level where you control your keys, holding them in your MetaMask wallet, Trust Wallet or SafeWallet. This gives you full power and control at all times over how they are used and spent, and how much security you have. <\/p>\n<p>For me, it is essential as a safety measure to spread your crypto across several trading platforms to avoid a Mt. Gox- or QuadrigaCX-type scenario. I am forever telling traders not to keep all their eggs in one basket.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Crypto asset diversification vs. all eggs in one basket<\/em><\/strong><\/p>\n<p>Until we educate people about the endless possibilities that emerging technologies could offer, mass adoption will be hard to achieve. That is why it is essential to bring these technologies and the knowledge about them to younger generations, where real transformations can and should be gained.<\/p>\n<p>I would like to remind the young, ambitious blockchain community that a goal without a plan is just a wish, and you never fail until you stop trying. This industry is still in its infancy and is so ready for ambitious ideas to become a reality.<\/p>\n<p class=\"post-content__disclaimer\"><em>This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.<\/em><\/p>\n<p class=\"post-content__disclaimer\"><em>The views, thoughts and opinions expressed here are the author\u2019s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.<\/em><\/p>\n<div>\n<div style=\"background: rgb(239, 239, 239); border: 1px solid rgb(204, 204, 204); padding: 10px;\"><strong>Lisa N. Edwards <\/strong>is an Elliott wave specialist trader with 20-plus years of experience in traditional stocks and commodities, now exclusively trading cryptocurrency. She runs and co-owns GettingStartedInCrypto.com, ThousandToMillions.com and The Moon Mag with Josh Taylor. Lisa is widely experienced, with previous business ventures including Satoshi Sisters, Trading Places VIP, D4.Partners and CoinRunners. Outside of trading, Lisa has a flourishing career in the media and film industries, with a cryptocurrency-<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">theme<\/a>d screenplay titled \u201cCoinrunners,\u201d which she anticipates will be filmed in late 2021.<\/div>\n<\/div>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/mass-adoption-of-blockchain-tech-is-possible-and-education-is-the-key\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Mass adoption of blockchain tech is possible, and education is the key &#8221; Blockchain technology is one of the most promising technologies of our times, and the core concept of it is really simple. Essentially, it is a public ledger or database, and I think that public education about what blockchain actually is can&#8230;<\/p>\n","protected":false},"author":1,"featured_media":240450,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDQvOTg3Nzg3MjQtM2YzZC00OGRjLWFmMTgtOTUxNDIzOGE4YzZhLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,74863,74983,75356,74355,4965],"class_list":["post-240449","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-cryptocurrencies","tag-decentralization","tag-future-of-money","tag-adoption","tag-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/240449","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=240449"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/240449\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/240450"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=240449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=240449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=240449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}