Mars Finance reports: Despite the growing popularity of cryptocurrencies and blockchain, the complexity of the technology may hinder greater adoption by the general public.

According to a survey conducted by Australian cryptocurrency exchange Swyftx in August, 43% of the 2,229 respondents stated they had not used the technology because they weren't sure how it worked. Industry experts widely agree that the sector should focus on simplifying educational resources and user interfaces to attract more mainstream users.

In addition to technical complexity, other barriers to wider adoption include concerns regarding asset storage security, regulatory uncertainty, and more. Experts recommend that the crypto industry strives to make the technology more accessible while maintaining its innovative nature. This could involve simplifying complex concepts, providing user-friendly interfaces, and offering comprehensive educational resources.