The Onion, a Chicago satirical magazine, has come up with a hilarious blockchain news post. The humorous guide to blockchain based systems or technology provides a straightforward and fun read. There has been a widespread use of private and public blockchain networks across the world since the past few years, but the core concept of this technology has been misinterpreted and misused several times losing its meaning completely. The popular new network took the opportunity in creating a comic guideline for using blockchain.
The magazine cites madness followed in when the investors of the companies do not understand the product and how they managed to earn billions of dollars through that. As per the given estimation, investment interest in ICO assignments dropped notably in the fourth quarter of 2018. However, it is still not close to the level preceding the first half of 2018. (Via Gorodfinansov)
The market has been quite unregulated due to which the chances of investment in digital asset have become too high. The key approach of ICO marketing team is specifically to make them think that cryptocurrency can resolve the troubles of the whole world. Therefore, many of them believed and invested sans making a deep understanding of what blockchain technology is all about.
This blockchain news post unveiled a clear-cut view of what it is capable of and how it can do it.
Glimpses Of Some Of The Questions From The Onion
In the answer of “Who uses blockchain?” the magazine responds common people in charge of million-dollar virtual currency accounts and diamond supply chains. Similarly, in the response of “What is the benefit of using blockchain?” it is quoted that this gives a well-organized way for losing all your money at one go. There are many such hilarious responses to some of the basic questions which are posted from a layman’s point of view. (Via the ONION)
The blockchain news post, therefore, reveals that this both turbulent and developmental industry. But it has been received very well by the world’s leading shipping firms, banks, and governments. Along with this, it has received praises from associations like the World Economic Forum for its underlying potential as mentioned by CCN.
The post Blockchain News Update: Onion Highlights Roadmap For Blockchain Technology appeared first on OWLT Market.
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