Blockchain technology has significantly impacted the financial world in the 21st century. This technology aims to bring economic freedom to the world by giving people sovereignty over their finances. However, blockchain and cryptocurrencies are still mysteries to most people due to their complex designs. Simply put, entrepreneurs lack the skills and understanding to integrate blockchain into their everyday lives.
Curbing the problems entrepreneurs face in traditional markets through blockchain is still a long way from success. These issues include launching a startup, raising funds, data management, supply chain management, transparent contracts, fraud, efficient customer services, etc.