Four Steps for Consumer Adoption of Blockchain Technology

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4 Steps for Consumer Adoption of Blockchain
Technology
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• With all the hype money pouring into the
  blockchain cryptocurrency market, its
  important to recognize how young the industry is.
  
• Consumer adoption has not been achieved most
  projects are yet to be live. Much is promised by
  blockchain startups often with little to show
  at this point.
• For decentralized apps (dapps) blockchain to
  be adopted, they need to provide a user
  experience familiar to what consumers already use.

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Here are 4 Steps for Consumer Adoption
Easy Wallet Interface

• Using Venmo to transfer money is simple.
• Theres a wallet, username, and a fun but
  optional social feature.
• Wallets should also be mobile friendly so users
  can easily send cryptocurrency wherever they are.

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Free or Hidden Transaction Fees

• Transaction fees are a barrier that consumers
  often will not accept.
• Requiring users to pay for the gas when calling
  a dApp functional is not a recipe for adoption.
• There are options to make it simpler for users
  such as free transactions.
• Users wont directly pay the miners or
  validators, instead, miners/validators get paid
  through inflation.

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Scalability

• Perhaps the most talked about in blockchain is
  scalability.
• Whether its the lightning network, sharding,
  plasma, scalability is a fundamental step to
  adoption.
• Transactions must be nearly instant, very cheap
  scaling fulfills both of those goals.
• Transactions become much cheaper with scaling
  for different reasons depending on the solution.

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Front End Application Development

• DApps need robust front ends for user
  interaction.
• The goal should be users experience the
  benefits of blockchain without having to know
  everything about it.
• Integrating wallets into applications is
  crucial and will allow users to transact directly
  from their phone.

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Are You Looking for a Blockchain App Developer?
Contact Us
https//www.consagous.com/blockchain-services/
https//www.consagous.com/
info_at_consagous.com
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