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Run, blockchain, run! DeFi adoption needs faster block times

Published 01/30/2021, 05:47 AM
Updated 01/31/2021, 08:00 AM
Run, blockchain, run! DeFi adoption needs faster block times

Global companies are implementing distributed ledger technologies in an attempt to gain efficiencies in areas such as global payments and supply chain transparency. Blockchain tech can replace slow, paper-based processes, as well as improve security.

However, many of the platforms in use today suffer from poor design. Networks become clogged with traffic too easily, resulting in latency issues and, ultimately, a sub-par user experience.

Stephen Tse is the founder and CEO of Harmony.one. He was previously a researcher at Microsoft (NASDAQ:MSFT) Research, a senior infrastructure engineer at Google (NASDAQ:GOOGL), and a principal engineer for search ranking at Apple (NASDAQ:AAPL).

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