There is no clear legal and regulatory framework mandating and governing the use of blockchain, although such a framework is needed. Additionally, even though blockchain is deemed very secure, evolving technology also means that cyberattacks evolve. These could pose a threat and reduce trust in the system. Consumers need to be educated on the technology, its benefits, its limitations and its usage to increase the demand for blockchain in the market. Existing skills are inadequate, and the generally limited operational capacity of relevant institutions could make it impossible to meet consumer demand, hampering blockchain adoption.