The blockchain industry is developing and there is no stopping it. What started out more than 10 years ago as an obscure and highly criticized technology burdened down by skepticism has evolved into a full-fledged industry that is still being hampered by various challenges and is slow in adoption. Through crises and the chaos of hostile regulations, blockchain technologies are being adopted by an ever-increasing number of companies and individual developers, who are expressing and proving their genuine interest in this technology.
Dapps and various applications are being born every day to offer users a broad range of services from choosing the music and playing games to solving household tasks and optimizing the workflows of entire corporations and logistics chains. The true applications of blockchain technologies are only now coming to light as the industry has gained a more civilized character and the potential of real-life use cases have started shining through the fog of speculations.
The infrastructure needed for the development of the blockchain industry is being slowly developed. Slowly, because the realization of the need for the infrastructure came after the inception of the technology itself and long after the full potential of the technology’s applications had been evaluated. It has become clear that such a massively applicable technology as blockchain with its computational and programming requirements is in need of a comprehensive and user-friendly base that would allow developers, companies, businesses and average users to adhere to the principles of decentralization by having access to the toolkit necessary for building applications and decentralized applications.
There are a number of platforms available at the moment that strives to cater to the needs of Dapps developers. IOST is one example of a project that seeks to develop an ultra-high TPS blockchain infrastructure to meet the security and scalability needs of the decentralized economy.