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ºÝºÝߣShare a Scribd company logo
Why Blockchain
doesn¡¯t make sense
Michael John Pe?a
Senior Consultant, Blockchain SME @Readify
Microsoft MVP
@mjtpena
¨CMichael John Pe?a
¡°Finding a solid use case for Blockchain is hard
because it involves Partnerships, Technical
Readiness and Cultural Uplift. But when you found
one, it really makes a lot of sense.¡±
You don¡¯t have partners
? You are centralising the governance of the nodes
? A business unit owns and manages the infrastructure
? There is no trust issue that you want to solve
It¡¯s hard to scale
? Public Blockchain (like Ethereum on MainNet and Bitcoin)
is expensive and not fast enough.
? Infrastructure cost of semi-private Blockchain is also
expensive
? Versioning of ¡°Smart Contracts¡± is painful
Further Challenges
? It doesn¡¯t solve the ¡°Who am I¡± problem in a Decentralised
Voting System. Maybe Biometrics can?
? Regulation is getting harder (for Public Apps)
? It gets too complex that has little to no value for end users
Thank you.
@mjtpena

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Why blockchain doesn't make sense

  • 1. Why Blockchain doesn¡¯t make sense Michael John Pe?a Senior Consultant, Blockchain SME @Readify Microsoft MVP @mjtpena
  • 2. ¨CMichael John Pe?a ¡°Finding a solid use case for Blockchain is hard because it involves Partnerships, Technical Readiness and Cultural Uplift. But when you found one, it really makes a lot of sense.¡±
  • 3. You don¡¯t have partners ? You are centralising the governance of the nodes ? A business unit owns and manages the infrastructure ? There is no trust issue that you want to solve
  • 4. It¡¯s hard to scale ? Public Blockchain (like Ethereum on MainNet and Bitcoin) is expensive and not fast enough. ? Infrastructure cost of semi-private Blockchain is also expensive ? Versioning of ¡°Smart Contracts¡± is painful
  • 5. Further Challenges ? It doesn¡¯t solve the ¡°Who am I¡± problem in a Decentralised Voting System. Maybe Biometrics can? ? Regulation is getting harder (for Public Apps) ? It gets too complex that has little to no value for end users