Cybersecurity Remains A Key Obstacle To Crypto Adoption
Cybersecurity remains an obstacle to wider crypto adoption
Even as regulators, major financial institutions, and investors of all sizes continue to pivot and move toward embracing cryptoassets and crypto payments there is a major obstacle to wider adoption that has yet to be effectively addressed; cybersecurity concerns. While it is true that every application contains within it some level of cybersecurity risk – including that of loss – crypto and other on-chain assets remain uniquely exposed to these factors, at least as far as public opinion is concerned.
According to research by the Pew Center 63% of survey respondents indicates that they do not think cryptocurrenices are safe to use, which continues to be reflected in the…