I can’t say it any plainer: blockchain is bunk.
No doubt blockchain enthusiasts will insist that I just don’t get it. But like one famed technologist recently wrote, It really looks as if there never was an it to get.
Despite its relentless hype and inexorable bluster, blockchain technology itself has extremely limited utility and is a solution to a problem that nobody has.
Source: Why Goldman Sachs Is Wrong About Blockchain (A Blockchain Due Diligence Primer) | John Reed Stark