Tag: Use Case

WAN-IFRA’s Report Bullishly Explores Blockchain in Publishing and Advertising

The World Association of Newspapers and News Publishers (WAN-IFRA), on January 14, 2019, made reference to its “Blockchain and the Future of News” report released on December 12, 2018 which boasted its potential to  bringing about transparency, accountability, and traceability in the media and advertising industries. There’s More to DLT than Just Bitcoin According to WAN-IFRA, many presenters are reluctant to utter the term “Blockchain” because of the complexity involved in its processes which makes it difficult for the layman to understand its workings. Interestingly, the body also argues that the ongoing slump in the price of bitcoin and other digital assets, coupled with the partial ban of cryptocurrency ads on social media platforms like Facebook and others, has significantly hurt the
‘0% Success’: Why Blockchain Apps Just Aren’t Taking Off

‘0% Success’: Why Blockchain Apps Just Aren’t Taking Off

Coin Desk
Yin Wu is the founder of Dirt Protocol, a protocol for decentralized information curation that aims to organize the world’s data and make it freely accessible. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review. In 2018, the promise of a decentralized future fell apart. The most widely used dapps have a few thousand daily users and a study of 43 blockchain applications found a zero percent success rate. With so much funding and talent in the space, why do we have so little success to show? There is a broken process for building and launching blockchains applications today. Rather than working within an low-risk environment that supports iterations and learning, blockchain companies follow a playbook that stacks the odds against their success. By pre-selling a pro