Consensus

Consensus on the terminologies and clarity: The obscurity of DLT versus blockchain, consensus, regulations, and security, along with their relationships, add to the confusion around this disruptive technology. Business stakeholders, decision-makers, consumers, and businesses are still analyzing the use cases of DLT and blockchain. The better the clarity, the higher the adoption, since businesses will be clearer about the use cases.

Regulation uncertainty: Considering the fact that enterprises have invested considerably to remain compliant with standards and regulations, it is critical to establish regulations around DLT and blockchain. Otherwise, without regulations, the adoption of DLT and blockchain will remain in question.

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