Today In Data: Innovative Solutions In Search Of Problems
Sometimes a problem that needs to be solved is pretty obvious: A hurricane is bearing down on the coast, and there are solutions needed to minimize the damage. But sometimes, innovators get the process backwards, and find they have a great solution, but not a problem to go with it. It’s a situation cryptocurrency has faced recently, as investors have suddenly woken up to wondering what exactly blockchain currencies are really good for. Mobile wallets continue to struggle in the U.S. as consumers struggle to find a reason to use them, as online and omnichannel purchases are growing worldwide. Consumers don’t always just need solutions, even in high-interest areas like privacy, security and flexibility – sometimes they also need a clearer picture of the problem they are solving.
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