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From Simplicity to Complexity through Cardano
The adoption of new technologies is well described and we can observe certain patterns. There are similarities in the adoption of TCP/IP and blockchain. Let’s have a look at what blockchain technology can bring us in the future and what we can expect.
Disruptive technology forces people to change habits, products, or processes since it is able to replace them. It has attributes that are recognizably superior to existing options and it is advantageous to make the change. Disruptive technology supersedes older technologies that are not able to compete with innovations. Start-ups are usually motivated to innovate since they need to compete with established companies that lack flexibility and lust for disruption. Innovations often target overlooked minorities or solve a problem that big companies are not interested in. In the beginning, the potential is often recognized by early adopters. As soon as the benefits of disruptive technology become evident, the companies and big players will become interested. They will fast embrace innovations and start using them in their processes or products. They will alternatively start to work on their own solution if it is possible.
We think that blockchain invention is more than disruptive technology. It is foundational technology with the potential to revolutionize the economy and social systems. Now it is…
