This is actually the wrong question to ask.
Blockchain is a technology that is actually more societal-facing, than company-facing as opposed to AI for example.
If the question is do "you" as an industry need blockchain, then "yes", but if the question is "you as a company" need it, yeah you're right - most likely not.
There's a real fallacy in asking this question because all technologies have affordances, national inborn tendencies towards one thing over other things.
Blockchain is one of the 3 core technologies of this 4th Industrial Revolution that is actually more of a society/industry-facing one, one that breaks down barriers, middle-people, and therefore is more of a community/socialistic-force than an individualistic/corporatist-force.
It's not like AI which is more individualistic/corporatist nor is it like IoT which is a hybrid of the two.
Hey PH Fam,
Blockchain adoption FOMO is real! Hunting this super simple website with you all to help you make an informed decision :)
The website is based on Karl Wüst and Arthur Gervais's paper "Do you need a Blockchain?".
You can also check out this flowchart to arrive at the conclusion real quick!
Have a nice Sunday :)
Well, it's undebatable that this technology has a promising future, and it's not surprising that so many companies are thinking about working with it. If you read this article https://4irelabs.com/articles/to... , you'll understand that this technology can be really profitable for people who enter this industry and know enough about it.