The blockchain technology has brought a great deal of innovation and that is why it has attracted the attention of many since its arrival. New blockchain-based startups have been launched in different countries by different people. In one way or another, people use blockchain to solve different kinds of problems. Big giants like JP Morgan and Walmart did not abstain from the offers and benefits of the blockchain. Like them, many others have shown no reluctance to even adopt blockchain technology.
Despite the cases of use and innovation introduced by blockchain, it is a fact that we often experience, but we never question them. Although the blockchain has brought innovation, it is clear that cryptocurrency is at the center of attention and often makes the headlines much more than blockchain.
To explore the reason behind this, BlockPublisher contacted Greg Misiorek, a member of BIS LLC. In the past, Greg had worked at IBM as an Advisory IT Specialist. He was asked why the cryptography got more awards than the technology behind it and for this, he replied:
In my mind, blockchains do not have tokens that have prices, but rather track changes in ownership of non-monetary assets.
It can be inferred from his statement that blockchain startups deal with non-monetary assets for most of the time. Since most of them do not have a direct association with money or prices like the crypt, it is understandable that the encrypted world is gaining more people's interest than the number of fans that blockchain might attract at the moment. For now, the tables may be in favor of crypto more than they are for blockchain but the future may not hold up the dynamics identical to the current ones.