Technology Adoption

Definition ∞ Technology adoption refers to the process by which individuals, organizations, or societies begin to use and integrate a new technology into their daily operations or lives. This process often follows a predictable curve, moving from early adopters to the mainstream. Factors influencing adoption include perceived utility, ease of use, and compatibility with existing systems. It is a critical indicator of market acceptance.
Context ∞ News frequently tracks the rates of technology adoption for various blockchain platforms, cryptocurrencies, and decentralized applications. Regulatory clarity, user experience improvements, and real-world utility are key drivers for increasing crypto adoption. The speed and breadth of this adoption are crucial metrics for assessing the growth and maturation of the digital asset industry.