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What is Blockchain Technology?

Blockchain Technology has gained incredible appeal recently across many industries, mostly notably in Banking due to the rise of Bitcoin. It provides numerous process benefits through disintermediation, including efficiency, security, transparency/openness, low cost, data integrity, among others.

This presentation is the second in a series of frameworks related to explaining Blockchain Technology. It highlights the 6 main challenges that obstruct Blockchain implementation:

1. Lack of Awareness
2. Organizational Barriers
3. Change in Culture
4. Cost and Inefficiency
5. Regulation and Governance
6. Security and Privacy

The World Economic Forum (WEF) predicts at least 10% of the global GDP will be stored in Blockchain Networks by 2025.

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Source: Blockchain Series: Blockchain Implementation Challenges PowerPoint document

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Blockchain Series: Blockchain Implementation Challenges

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This business document is categorized under:
Business Framework Primers

File Type: PowerPoint (ppt)

Tag(s): Digital Transformation, Blockchain, Bitcoin

Number of Slides: 17

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Upload date (first version): Jan 30, 2017

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