GMS Business Consulting No Comments

Is Blockchain Dead?

Swirld.com

Is Blockchain Dead? That’s the question that this Article on Bloomberg addresses and this Lecture about the future of money (blockchain, crypto currencies, fiat currencies) by Jim Rickards attempts to answer. We believe that although Blockchain has many merits, we also believe it has many limitation too. The limitations are particularly obvious when it comes to using Blockchain as the foundation technology for crypto currencies like Bitcoin. Bottom line, Blockchain doesn’t have the horsepower nor technology capabilities to continue supporting crypto currencies in our vast global financial system. That said, there is a technology that can handle the demands of a global economy. That technology is called Hashgraph (look at our POST back on February 5, 2018).

The topics of Blockchain and Hashgraph technologies and Crypto Currencies should be of importance for individuals and more important to businesses. Understanding these technologies and how to better utilize these technology issues will impact the businesses we operate and will ultimately impact our lives in the future. That said, we don’t feel the need to rewrite our position on these topics (Blockchain, Bitcoin and Crypto Currencies) as we previously covered these topics in our POST back on February 5, 2018. The background of these technologies and their implications are thoroughly discussed in the interviews we included in the post.

As we mentioned back in February 2018 and we continue to believe today, HASHGRAPH is/will be the leading technology going forward…not Blockchain technology. We hope you will find this post/and previous post (February 2018) to be insightful and helpful. Remember, do your own research. Then make better informed decisions. We’ll look forward to posting again soon!

GMS BUSINESS CONSULTING, INC. – provides lawyers/law firms, for-profit & non-profit organizations, and business professionals with Accounting Services, Business Development Services, Business Optimization Services, and Digital Marketing Services. We help business professionals strategically manage and tactically grow their businesses more effectively and efficiently.  We do NOT provide investment advice.  Contact Us  if you are interested in learning more about our services, and in particular about M.A.P. (our 3-phase business development & management solution), designed to help you strategically focus and tactically grow your business.  We would welcome the opportunity to speak with you.

info@gmsbusinessconsulting.com

707-218-3135