*5.2.4 Lack of knowledge and expertise*

Blockchain is still largely an emerging technology, and the skills required to develop and use it are in short supply. The willingness to invest in blockchain requires a certain degree of technological awareness and knowledge. The technical complexity of blockchain makes it a challenge for individual users to understand, accept, and confidently participate in it. Lack of in-house technological capabilities is a serious barrier for the wide adoption of blockchain. One of the solutions to mitigate the low in-house technological capabilities is to purchase blockchain as a service, which allows firms to access the benefits of blockchain usage without having to make a substantial investment in the technical talent behind it.
