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ABSTRACT: The popularity of blockchain-based technology is rapidly growing these days with more companies, startups and governmental organizations turning their attention to it with the aim to increase their attractiveness in the eyes of investors or to improve security. However, there is a number of problematic aspects that are not being mentioned in the public discourse. Ivan Alexandrov, the CEO of Memorandum Capital, an investment company focused on ICOs and investing in blockchain-based assets, discusses both sides of the coin of the implementation of blockchain based on his personal experience.

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