Gartner predicts the business value-add of blockchain will grow to around $176bn by 2025 and exceed to $3.1tn by 2030. This is a giant leap for a technology that, although developing fast, still has significant gaps in meeting business challenges to generate value. CIOs are under pressure to guide decisions on ‘if’ and ‘how’ they should implement blockchain, but struggle with how to apply this technology to meet new business challenges. Cryptocurrencies, themselves require a degree of financial and technical knowledge to understand.
But there is a growing focus on the business challenges that blockchain could solve and soon it will be able to show real business value, real-world applications and an ecosystem of organisations supporting it.
Read Full Article