3. PROBLEM
The blockchain industry has experienced rapid growth in recent years and offers many potentials for developers and Small and Medium Enterprises (SMEs). However, there are still some challenges that need to be overcome to facilitate the growth of this industry. These challenges include : a lack of understanding of blockchain technology, limitations in terms of scalability and transaction speed, concerns about regulation, difficulty accessing funding, and fierce competition.
In this whitepaper, we will discuss each of these challenges in depth, examine their implications for developers and SMEs, and offer practical solutions to address them. Therefore, we hope to contribute to the sustainable growth of the blockchain industry and enable more developers and SMEs to participate in this exciting and rapidly growing field.
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