Home Blockchain Blockchain: Top 4 challenges CIOs face – CTOvision

Blockchain: Top 4 challenges CIOs face – CTOvision

1 min read
0
355

Blockchain had been heralded as the next gen technology but its hype is fading. Alison DeNisco Rayome takes a look at the reasons why blockchain implementation presents a challege to the CIOs on Tech Republic :

By 2023, blockchain technologies are poised to support the global movement of $2 trillion worth of goods and services annually, according to Gartner research. But many companies are still struggling to figure out how they can successfully use the distributed ledger technology. Now that the hype has faded, the blockchain market is settling into a nice groove, said Avivah Litan, vice president and distinguished analyst at Gartner. “It’s not a big revolution—it’s a gradual evolution with incremental improvement,” Litan said. “But there are some good, solid use cases where blockchain is being used as a shared single version of the truth, for audit trains, record keeping, and asset tracking.”

Read his full article here.

Let’s block ads! (Why?)


Source link

Load More Related Articles
Load More By admin
Load More In Blockchain

Leave a Reply

Your email address will not be published.

sixteen + 9 =

Check Also

PYMNTS Intelligence: The Promise of Sooner Transactions Utilizing Blockchain Expertise – PYMNTS.com

By PYMNTS <!– –> Take heed to Article Posted on July 1, 2022 A current N…