The technology hype cycle

Blockchain is not a panacea. It is not a solution for every single problem in the world and certainly shouldn't be treated like a get-rich-quick scheme. Nothing is perfect, and that includes blockchain. Like any technology, it has its strengths and weaknesses. And also, just like any major innovation, it goes through a hype cycle. As we stand now, we can say that blockchain has probably been overvalued in the short term in 2017 and undervalued in the long term as of 2018.

If we look at the recent past, all new ground-breaking disruptive tech concepts from the internet age have followed the same cycle.

Internet search gave a huge boost to the web and Google emerged as the big innovator and winner in that area. Baidu ...

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