Sep 13, 2022 | 1 min read

Is Blockchain Technology Overhyped?

By: Sienna Provvidenza


There’s no doubt that technology has changed the way society functions, but it's important to remember that technology still has limitations and isn’t always successful in delivering an expected outcome. There are many instances where technology has not lived up to the hype.

In a recent panel of Forbes Technology Council Members, leaders shared their opinion on overrated technology that failed to live up to expectations. Patrick Emmons, Founder and CEO of DragonSpears, talks about why blockchain technology has not made the world-changing impact predicted by some industry watchers.

Emmons describes blockchain as an innovative technology that’s very limited in scope and quite expensive. Although it’s proven useful in complex projects, “it’s ineffective in day-to-day activities.” He adds, “Simply put, blockchain is not going to revolutionize the world.”

Learn more about other overhyped technologies by reading the full article '12 Examples Of ‘Revolutionary’ Tech That’s Not Living Up To The Hype.'

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About Sienna Provvidenza

Based in Delray Beach, Florida, Sienna Provvidenza is the Marketing Manager at DragonSpears. She graduated in May 2022 from The University of Tampa with a Bachelor of Science in International Business & Marketing and a Spanish minor. Sienna is responsible for event management, social media, content creation, and campaign management. She is passionate about driving impactful results to bring visions to life.