How big of an issue is scalability on blockchain platforms ?

There is a problem, but is this an ecosystem issue(rather lack of it), adoption issue, maturity of the technology ?

May be all of these and more.

MonetaGo, a secure financing platform, thinks that issue around “scalability” is a show stopper, more so, when compared to the capabilities that cloud infrastructure providers offer.

They are moving on from substantial blockchain platforms like Hyperledger Foundation‘s Fabric and R3‘s corda.

In the #defi / #web3 space, questions are being raised on the performance of #ethereum blockchain platform. Other platforms like Solana LabsPolygon Technology and Polkadot have shown up claiming much better performance.

If #decentralized applications are to make a real #impact on the world economy, the underlying infrastructure needs to be built for #scale.

Ajay Singh Pundir

Over the last decade and half, Ajay has acquired experience across ‘Business Strategy’, ‘Sales management’, Business Development’, ‘Solution Consulting’ and ‘Research and Development’. He has been leading interactions with financial institutions, fintechs, software vendors and services organizations globally, acquiring crucial global exposure of varied financial technology markets with a focus on payments but not limited to it.

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