Share
What are some key challenges hindering the widespread adoption of.
Question
- A. Lack of skilled professionals and regulatory uncertainty
- B. High cost of implementation and lack of internet access
- C. Resistance from traditional financial institutions
- D. All of the above
View Answer
correct Answer ( D )
The adoption of blockchain technology in pakistan faces several significant hurdles : Regulatory uncertainty is a major obstacle, as the legal framework for cryptocurrencies and blockchain applications remains underdeveloped and unclear , which deters both investors and businesses from embracing the technology . Furthermore, a lack of awareness and digital literacy among the general population and businesses limits understanding and potential adoption . The existing infrastructure, including Internet access and digital payment systems, is not always robust enough to support widespread blockchain implementation . Addressing these challenges requires a combination of regulatory clarity,