Uploaded July 2018 | Updated September 2026, 1 day ago
Do you want to learn Blockchain fundamentals? Check out our course on Udemy:
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There is a lot of ongoing innovation in the blockchain space taking place at an accelerated rate. This new field has managed to excite a lot of smart people, which see enormous opportunities opening up. Talent and money are flowing in with a strong momentum from all parts of the world.
The trend is similar to what we have seen in previous industrial revolutions like steam power, railroads, automobiles, electricity, computers, and the Internet. They all have gone through the cycle blockchain technology is experiencing now.
Besides the well-known issues of scalability, interoperability, governance and privacy, user-friendly interface also needs to be addressed. But hey, we all know how early prototypes of each of the technologies we just mentioned looked like and how they performed. We also know how they have evolved afterwards to reach mass adoption.
For the closest comparison, just have a look at the early web interfaces and capabilities. In the dawn of the Internet it used to take 24 to 48 hours to transmit a text message because it was routed from one dial-up connection to another. And now we have instant global messaging.
When email first came along, it used to take 2 hours to cross the Internet and reach the recipient. Now we can live-stream high-definition video around the world.
In 1992, there were only a couple of websites on the Internet… And look how many things we can do online now – communication, education, shopping, entertainment, business, and the list goes on…
Learn more about the current state of the Blockchain industry here:
udemy.com/blockchain-for-business-the-new-industrial-revolution/?couponCode=YOUTUBE
Do you want to learn Blockchain fundamentals? Check out our course on Udemy:
udemy.com/course/blockchain-for-business-the-new-industrial-revolution/?referralCode=A01FFFC62BFA53F13AE5
There is a lot of ongoing innovation in the blockchain space taking place at an accelerated rate. This new field has managed to excite a lot of smart people, which see enormous opportunities opening up. Talent and money are flowing in with a strong momentum from all parts of the world.
The trend is similar to what we have seen in previous industrial revolutions like steam power, railroads, automobiles, electricity, computers, and the Internet. They all have gone through the cycle blockchain technology is experiencing now.
Besides the well-known issues of scalability, interoperability, governance and privacy, user-friendly interface also needs to be addressed. But hey, we all know how early prototypes of each of the technologies we just mentioned looked like and how they performed. We also know how they have evolved afterwards to reach mass adoption.
For the closest comparison, just have a look at the early web interfaces and capabilities. In the dawn of the Internet it used to take 24 to 48 hours to transmit a text message because it was routed from one dial-up connection to another. And now we have instant global messaging.
When email first came along, it used to take 2 hours to cross the Internet and reach the recipient. Now we can live-stream high-definition video around the world.
In 1992, there were only a couple of websites on the Internet… And look how many things we can do online now – communication, education, shopping, entertainment, business, and the list goes on…
Learn more about the current state of the Blockchain industry here:
udemy.com/blockchain-for-business-the-new-industrial-revolution/?couponCode=YOUTUBE
