Blockchain technology has rapidly grown into the mainstream awareness can no longer be denied. Already regarded as a disruptive technology for global economies, as well as for every billions of individuals on Earth. However, getting that utilization right at this early stage is difficult.
Some of the more well-known brand, especially giants such as IBM and Microsoft, have shown that they know how to use Blockchain technology to achieve their objectives. They possess the infrastructure and the financial backing to leverage this tech to new, unforeseen heights.
However, this tech is available to everyone that can find a use for it, of which there are many uses. It is the implementation which is extremely difficult to get right..
Blockchain Goes Mainstream
There is still a lot to understand and get right when it comes to utilizing Blockchain technology for everyday companies. However, the attraction of blockchain technology is that there is such a huge array of different strategies and applications in which it can be used to solve problems and provide solutions.
This attraction has seen many companies asking, “How about us?”in relation to joining the Blockchain revolution. Of course, blockchain offers opportunities to open global markets and to open up additional revenue streams. And we all are discovering, the gap between the technology, apps and companies is difficult and vast.
Breaking The ICO Code
It seems that any new and emerging start up or company that is looking to be on the cutting edge of technology is trying to cash in on fundraising through an ICO.
Although there can be huge benefits in launching an ICO, in terms of funding, there are a lot of challenges and a new learning curve to address when elevating oneself as a Blockchain Business.
Moreover, ICOs are facing more and more regulations and scrutiny from investors. But with growth, as we have witnessed with Bitcoin in 2017, blockchain technology is gaining massive and serious interest from Wall Street and investor heavyweights.