Universal Blockchains Face Challenges Meeting Real-World Industry Needs
According to a report, universal blockchains are facing challenges in addressing real-world industry disputes. The report suggests that general-purpose blockchains may not be suitable for resolving issues related to construction changes or equipment usage. Instead, specialized layer 1 blockchains are being optimized for stateless audit trails and regulatory compliance. The development indicates a shift towards tailored blockchain solutions to meet specific industry demands, particularly in areas requiring transparency and adherence to regulations.
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.