3 Barriers Blocking Institutional Blockchain Adoption

Even prominent figures like Jamie Dimon, CEO of JPMorgan Chase, who previously dismissed Bitcoin as a risky asset for trading, are now recognizing the undeniable potential of blockchain technology. As the blockchain market is projected to reach $1.4 trillion by 2030, driven by an estimated 90% annual growth, institutions such as central banks, hedge funds, and Fortune 500 companies are increasingly embracing blockchain technology. However, despite this shift, current blockchain technologies present significant roadblocks hindering full-scale adoption at this scale. 3 key technological gaps require urgent attention.