Seven everyday blockchain PROBLEMS SOLVED by the Plaza MerchantChain™ Total bCommerce™ developer Plaza Systems is positioning the Plaza MerchantChain as the go-to blockchain for business, commerce, and trade. Some have said it is the “Shopify” or “Magento” of the blockchain era; the “Ethereum” for those serious about building commercial applications on distributed ledger technology (DLT). However established blockchains and distributed ledgers have their problems, many of which are intractable. Here are seven everyday problems with established blockchains and DLTs which Plaza Systems claims to have solved via its MerchantChain. They include: 1) speed, 2) cost, 3) trust and reputation, 4) scaleability, 5) future technological threats, 6) price volatility, and 7) ease of adoption. 1. “Blockchain is TOO SLOW for everyday transactions” Plaza Systems’ MerchantChain can handle 15,000 transactions per second (tps) ALL of which take three seconds or less to resolve. ...