© Reuters.
Smart contracts have reshaped the possibilities of what blockchain and crypto can achieve, and we can all acknowledge that. That doesn’t mean they’re the be-all-end-all solution to widespread adoption.
Being overzealous about any kind of innovation can also contribute to its stalling, or even failure if other factors don’t align. The mentality of assuming new technology is perfect and wondering why everyone hasn’t caught up to its genius is outdated. Not only does it create an adversarial relationship when inevitabilities, such as regulation, arise, but it also diminishes the motivation to improve on new applications to maximize their value.
Eitan Katz is the CEO and co-founder of Kima. Prior to Kima, he served in leadership roles with the Israel Defense Forces (Intelligence/8200) and at Hewlett Packard and BMC. He helped to build HP’s Global Innovation and Incubation program, leading HPE’s Enterprise Mobile platform. He was also a founding member of the MPC-based wallet Aegis.
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