Out of the many emerging technologies, blockchain is unwavering in its advancement toward global adoption. This is because, on top of being a technology that can improve existing systems and resolve age-old problems when it comes to digital infrastructures, it can be used as a foundation that will make all other emerging technologies run more efficiently and be released for mass consumption in less time than expected.
One of the greatest hurdles to the global adoption of blockchain is awareness and education. Top executives and business owners do not fully understand what blockchain is and the benefits it can provide. Most of the time, they see that shifting from one digital infrastructure to a more modern one is costly and would put a dent in their budget.
They do not recognize the truth that, in the long run, blockchain will not only allow them to save money, but maximize profits. The Philippines, a developing nation in Southeast Asia, is one of the places where everything is not...
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