Blockchain is one of the hottest and most intriguing technologies on the market. Similar to the rise of the Internet, Blockchain is already touted by entrepreneurs, start-ups, investors and global organizations with the potential to truly revolutionize various industries and make processes more democratic, secure, transparent and efficient.
But while we see some adoption by people and companies, we are still far from mass adoption. And what's the reason?
It's very simple...
What is the average price of a programmer? How many people know how to program? Not too many. How many of them know how to code blockchain? Much less so. Think of all the sites, applications and online games that developers have put large amounts of time in development and now think of making them compatible with encryption. The task is practically impossible. How are we going to use these centralized databases, stores, and sites and make them work with a decentralized system?
Even as more people learn about Blockchain and its capabilities, the resistance to changing existing systems due to the costs of the operation to use this new technology is another significant barrier to mass adoption.
People like to compare the internet with blockchain and say that it took about 10 years to start seeing a good adoption. But these are other times, technology is evolving at a great speed but something is blocking.
And here is the missing part - CHAIN FACTORY - to begin to see a mass adoption in the blockchain through:
1 programmers and non-programmers.
2- Of companies with huge budget and companies with limited budget.
FOR ALL PEOPLE !!!!
What is CHAIN FACTORY??
CHAIN FACTORY is a product designed by NULS Blockchain to operate as any plug-and-play software system, to make it as easy as possible for companies to get up and running on the blockchain. In addition, companies can select from a variety of industry-specific modules which they can customize as needed. They can develop their own applications without any prior experience.
It's all very beautiful and wonderful when you write and read an article. And probably all of you who are reading this article are asking how do companies that do not know the blockchain benefit from it? Or why should they invest or partner? Why do not they stay the way they are?
Well …
Let's talk about a practical example of one of the NULS partnerships and how CHAIN FACTORY makes it all easier.
MC PAYMENT is a payment platform that has grown the most in Asia in recent years and obviously still has a lot of work to do. But much of this work was spared running in the NULS blockchain because with a simple clicks this company ends up becoming globalized making their transfers and payments accessible to everyone and with reduced time and costs compared to traditional ones. And in compensation they reduce the involvement of a third party that still makes the company more profitable.
that’s enough? no !!!
1-At Blockchain transactions are publicly visible on all sides, fostering transparency relationships, since all are immutable, so they can not be changed or deleted once submitted.
2-Due to decentralized networks, NULS Blockchain does not have a central point of failure, more resistant to malicious attacks, hackers and fraud attempts.
In a few seconds I listed a number of advantages for a company that did not know Blockchain. And as this company many more will join because simply is easy and beneficial in
the short and long term.
Simply nuls uncovered the problem and found the best solution for using blockchain with CHAIN FACTORY !!
There are no excuses now.
THANK YOU NULS FOR THINKING BIG
Link: https://medium.com/@joaofernandes_73284/the-missing-piece-in-the-blockchain-adoption-e2ffec77b9ef