Opinion: The New Blockchain Trilemma Shifts Focus to Products, Customers, and Regulations

Friday, 18 October 2024, 17:09

Opinion reveals that the new blockchain trilemma prioritizes choices between products, customers, and regulatory approval over technology. This shift redefines business strategy in the blockchain space. Industry leaders must adapt to this evolving landscape to ensure compliance and maintain competitiveness.
Coindesk
Opinion: The New Blockchain Trilemma Shifts Focus to Products, Customers, and Regulations

Understanding the New Blockchain Trilemma

The new blockchain trilemma challenges traditional notions, emphasizing a critical choice for companies. Rather than solely focusing on technology dimensions, businesses must now prioritize strategic alignment between products, customers, and regulatory approval.

Key Considerations

  • Products – Offering solutions that resonate with market needs.
  • Customers – Building relationships with stakeholders and consumers.
  • Regulatory Compliance – Ensuring all offerings meet legal standards.

Industry experts like EY's Paul Brody argue that embracing this new framework is essential for sustainable growth and competitiveness.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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