The Blockchain Doesn’t Have To Fix Everything

Forbes December 9, 2024
Jordan Yallen

Jordan Yallen is the CEO of MetaTope, a blockchain technology company.

Web3 won’t solve all of the world’s problems, nor should it, since some things simply do not need to be decentralized or put on chain.

I’m one of those people who believes blockchain technology is so special that it has a chance to touch virtually everything we do. However, if and when the tech becomes ubiquitous, it still won’t become the panacea that “saves the world,” despite what some of my peers say. The blockchain has the potential to make our lives significantly easier and better, but common sense says that it can’t exist in a vacuum.

That doesn’t stop thought leaders from calling for blanket decentralization or Bitcoin...

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