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In the past, technological innovations have taken some time to be accepted among the masses, and the story of blockchain is nothing new in that retrospective. Albeit blockchain and its early adopters such as bitcoin have achieved significant success over the last few months, the inception of the two faced considerable criticism from the masses back in the day. Since then, governments and nationalities have been swaying both ways with the acceptance of blockchain and crypto assets, owing to its decentralized platform. While some may claim blockchain to be revolutionary for what it is, others widely disregard the idea of a decentralized transactions platform as it remains ungoverned by any regulatory entities.