Do you think cryptocurrency is slowing blockchain adoption?
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Board Member, Advisor, Executive Coach in Software2 years ago
Cryptocurrency has probably not helped blockchain, because of all the cryptocurrencies that have been used in ransomware attacks and what consumers hear of that. I don't know how much it negatively impacted blockchain adoption, but it has likely had negative implications on how people think of it, broadly speaking. From my experience in talking with business executives and general consumers, they think of cryptocurrencies first and they don't always understand the different use cases that exist.Worldwide Strategy & Portfolio, Cross Industry (Supply Chain, ESG, Engineering, Customer Experience, Intelligence Automation, ERP) in Manufacturing2 years ago
I've helped to implement blockchain, set up business cases, come up with a roadmap for companies, and also help put their roadmap into motion. That background gives me an understanding of the use cases within supply chain and other areas, so I don't always associate blockchain with cryptocurrency. But to the general consumer that doesn't have the context of other blockchain use cases, cryptocurrency could give it a negative connotation.