Friday, 15 February 2019

CIOs, you’re doing blockchain wrong

IT leaders who've taken the plunge into blockchain are mainly deploying it in proofs-of-concept tests to address the same problems a conventional database could handle, according to research firm Gartner.

Relying on a survey of consulting firms whose clients had deployed some form of blockchain, Gartner found that CIOs are using blockchain for shared record keeping and asset tracking. They're not using it as a decentralized ledger able to support immutable data audit trails for exchanging a single version of transactional truth – the core mission at the heart of blockchain.

For many, blockchain remains a technology in search of a problem, Gartner said in a research note.

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(Insider Story)

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