What are the main challenges of using blockchain for funding?
An example of an AI chatbot conversation about challenges of blockchain in funding.
What are the main challenges of using blockchain for funding?
Some key challenges include regulatory uncertainty, scalability issues, and the complexity of technology.
How does regulatory uncertainty affect blockchain funding?
Regulatory uncertainty can hinder investment as potential funders may be wary of legal implications.
What scalability issues are commonly faced?
Scalability issues often arise from transaction speed and network congestion, limiting the number of transactions.
Are there any solutions to these challenges?
Yes, solutions include developing better consensus algorithms and engaging with regulators to create clearer guidelines.
What future trends should we watch in blockchain funding?
Future trends may include increased institutional investment and the rise of decentralized finance (DeFi) platforms.
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