The problem

The idealistic public blockchain of Bitcoin—a blockchain that is uncontrolled, fully decentralized and immutable, etc—serves its purpose. It is a revolutionary concept as the first digitally scarce asset. However, some of the components inherent in this type of blockchain have set back mainstream adoption as they are not ideal for a lot of businesses.

High barriers for integrations

Most individuals and businesses lack an in-depth knowledge of the blockchain protocol, requiring a lot of funds and time spent in research and development.

Scalability Issues

The decentralized character of public networks is not ideal, resulting in scaling issues and network clogging.

Speculative value

Integrating with a network that is uncertain and volatile is very discouraging, and rationally, this caveat is not worth it for most enterprises.