The use of blockchain technology has disadvantages. Citizens do not know who administers it. One of its disadvantages is its difficulty to implement. This can lead to transaction costs in the future. It is a disruptive technology and it takes time to establish all the essential protocols for its proper functioning. So it can take years for companies to adopt and operate only with this system. With the blockchain system there is no cyber security. As it is an open network, when a user performs an operation, another person can see the log of their activities. This is cause for concern. We are going to use the example of cryptocurrencies. As this is an open network, when a user makes a transaction, the other person can see the log of their activities. Imagine making a transfer to a relative. This can see all the data related to your cryptocurrencies. That is to say everything. From your current amount, through the amount you have already spent and even the way you spend it. And not only past transactions, but also future ones. So if many people do not show their bank statement to anyone, why would they do it with this technology? (UA, 2018). Finally, the blockchain in its use has proven to be inefficient. Although the process does not need intermediaries, this does not mean that it is completely efficient. As we know, it operates with a network of users. And each of them has to confirm the information within a block. This will result in tens or hundreds of users performing the same actions to obtain a single result. This only shows great inefficiency. In addition to spending an incredible amount of energy for a single block (especially when it comes to cryptocurrencies). (UA, 2018). Certainly, everything that is said here invites us to think if everything is really as beneficial as it seems. Web dating: UA. (October 15th 2018). Advantages and disadvantages of using Blockchain. Madrid: University of Alcalá. https://masterethereum.com/ventajas-desventajas-blockchain/

The Nation of Asgardia has already made the biggest step in this regard. The internet was not initially made to be secure, which is the reason you have countless usernames and passwords. The use of blockchain technology means your information can be secured behind multilevel encryption. I predict in the near future, internet will be replaced with a secure blockchain alternative. I can say this with confidence because I have a team building one such platform. To fully protect Asgardian data, we would need to de-platform from the web-based experience and would lose visibility to future members, residents, and citizens. Therefore, I propose that instead the next step would be to issue Bio-metric Residence Cards and expand on the existing capabilities.