Dr. Zhang reveals: the limits and opportunities of blockchain technology!

Dr. Zhang reveals: the limits and opportunities of blockchain technology!

Blockchain technology has developed into a real game changer in recent years that not only mixes up the financial world, but also revolutionizes numerous other industries. A new book by Dr. S. Thomas Zhang, Program Co Director of the MSC Blockchain Management and Application at Queen Mary University of London, illuminates the potential and limits of this exciting technology. Published on July 14, 2025, the work is entitled "The Potential and Limitations of Bitcoin and Ethereum: A Framework to Assess Blockchain Projects from a Business and Economics Perspective" and offers a comprehensive analysis of blockchain technology from different perspectives.

The book aims to give insights into the mechanisms of Bitcoin and Ethereum, and examines which applications can be successful with blockchain and which more likely fail. This detailed view can be of great interest for both researchers and for experts from the areas of financial technology and economic innovation. Readers: Inside, interdisciplinary perspectives can look forward to combining academic research with practical experience in blockchain governance. Dr. Zhang itself brings an impressive career with a PhD from the London Business School as well as extensive experience from global financial and management consultancy.

The blockchain in the age of digitization

What makes blockchain so special? Basically, it is a decentralized and distributed ledger technology that enables transactions to log safely and transparently. This technology uses cryptographic algorithms and linked blocks to ensure integrity and consensus - this means that it strengthens the trust between the parties and does the need for intermediary obsolete. The key to their influence lies in the ability to improve different areas of application, from the financial world to health care, such as Ox Journal

The applications of blockchain are almost endless. The technology shows its potential in various sectors, through the supply chain management, where the origin of products can be tracked, to the use of healthcare, where patient files can be safely saved and shared. The energy industry also benefits by enabling peer-to-peer energy trade, and governments already explore secure electoral systems. Blockchain is even seen as the driver of the fourth industrial revolution.

challenges and perspectives

Despite these exciting options, blockchain technology also brings challenges. High costs result from the energy -intensive nature of transactions, as well as questions about scalability, many companies prepare headaches. Deloitte emphasizes that companies can nevertheless benefit from the savings potential in accounting, documentation and auditing. Redundant control processes can be minimized and the integrity of electronic documents can be ensured inexpensively.

Another aspect is the actual influence on the way of working in companies: the processes could be revolutionized by using blockchain, which may even make traditional exams obsolete. The chance of transforming important and complex evaluation questions is enormous. But the way to complete integration and understanding blockchain technologies in everyday life is still long.

The combination of the comprehensive analysis by Dr. Zhang and the wide range of applications and challenges that are in blockchain technology makes the book a must for anyone who wants to deal with this topic seriously. Whether for students, decision -makers or experts - the influence of the blockchain could not be far more. The book is now available on Amazon and a step to better understand the world of blockchain.