A Middle Way Forward for Blockchain

Henrik Hjelte is the co-founder and CEO of ChromaWay, a company focused on implementing blockchain solutions.

Viewing blockchain through this Swedish lens, I see a useful design logic for how this technology can evolve to address many of the well-documented limitations of existing platforms and open up new paths to solve pressing business and social challenges.

As we are about to cross over into 2019, I offer these lagom-inspired approaches to resolving some of the thorniest problems facing greater blockchain adoption.

Performance lags, no doubt due to the time it takes to validate transactions on the blockchain.

"One impulse is to"wrap' the dapp in a slick user interfaces thus hiding all of the decentralized, unique and value-adding aspects of blockchain.

A better approach would be to introduce much improved design elements, but preserve features which make the blockchain most powerful.

Instead of centralizing all of the client application operations, allow application logic to run on the blockchain.

In a public blockchain, tokens can be used to purchases a variety of services.

Blockchain presents developers a potentially lower cost, resilient, highly-available platform more likely to achieve success.

Blockchain isn't enterprise software by a different name.