When will blockchain get massively adopted?

Locklet
2 min readAug 6, 2021

The question is complex and not straightforward as blockchain serves as a part of technological background, behind the curtains of any on-chain solution across many fields of human lives.

The number of blockchain wallets has passed 50 million in summer 2020, yet it still seems not enough to consider the technology to be mass.
There will always be early supporters who would slowly form early communities further transforming to the majority. In this gradation, Bitcoin is still in its early stage of development before being adopted massively.

For sure, Bitcoin has bright prospects and is here with us for the long run, but it needs to become more user-friendly with clear assessable benefits for a regular user and public as a whole, not just to certain crypto-related companies or individual traders. The main industries for blockchain to unleash its potential will be B2B supply chains, wholesale businesses, data management, digital finance as well as B2C payments.

At the moment, blockchain is perceived by regular people literally as rocket science. The majority of people don’t understand the technology, ease of use is the first issue to be tackled.

#blockchain #adoption #crypto #business #digital #LKT #locklet

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Locklet

World’s first decentralized vesting platform 🎉🧙‍♂️ ! Protects every Crypto or DeFi community from rug pulls, predatory ventures, perfidious advisors and more…