Blockchain technology has been on your radar for some time. You’ve done your research, read the case studies and now you’re convinced that transitioning to a distributed ledger data management system is the right decision for your business. And you may be right! The current systems in place for managing business data are fragmented, vulnerable to fraud, and slow to detect falsification, whereas blockchain, a form of distributed ledger technology, can provide increased security, accountability, higher efficiencies and often times lower cost. 

Blockchain is becoming mainstream. For many in the crypto community, this acceptance is long overdue. However, as with any new emerging technology or industry (e.g. artificial intelligence or marijuana legalization) there remains a fair share of skeptics; those who are comfortable with the status quo and are quick to point out flaws in the system, opportunities for misuse, and the potential for the already disenfranchised to be further taken advantage of. For those of you who are cautiously optimistic and want to learn more about blockchain, we want to debunk some of the popular myths for you.

If you’re interested in blockchain technology and are in the Boston area, we’d love for you to join Esprezzo and General Assembly for a free Blockchain 101 panel on October 11 at the General Assembly Boston campus.