Blockchain and crypto: The challenges and opportunities for progress

Progress can occur in various aspects of life, and technology has the potential to drive significant changes, ideally for the better. One technology that has gained attention recently is blockchain. In a previous article , I explored the potential of blockchain as a powerful source of progress. Despite the challenges faced by centralized financial institutions and some major centralized organizations in the cryptocurrency world, I maintain a positive outlook on the potential of blockchain and crypto to make progress. Even though I am not an expert in this domain and acknowledge its complexity, I am still fascinated by it. Consequently, it may be valuable to re-examine the fundamentals of blockchain and cryptocurrency and explore their potential for driving progress.