Company COO Monica Eaton Weighs-In for Disruptor Daily
Monica Eaton was one of nine industry experts asked to share their perspective on blockchain adoption in eCommerce for a recent feature for Disruptor Daily.
Disruptor Daily is a leading outlet for blockchain thought leadership. The site publishes exclusive insights, research and interviews on practical blockchain use cases, positioning them at the forefront of the payments revolution.
Cost is the Barrier
In the post, experts shared what they identify as the leading obstacles preventing businesses from embracing blockchain. Many of Monica’s fellow contributors were C-Suite members well-versed in the tech sector. Answers range from fear to transaction rate to a lack of innovative use cases. However, Monica pointed to cost as the real barrier to entry standing in the way of wider adoption.
As she explains, there are clear benefits to blockchain adoption, including efficiency and loss prevention. But not everyone who wants to take advantage of this tool can afford the up-front cost of building out a blockchain system.
“[Blockchain adoption] involves a complete overhaul of your technology and practices, which can be incredibly expensive,” Monica explains. “Many smaller businesses might want to adopt a blockchain system, but simply don’t have the resources to do so.”
