1. Blockchain’s hype exceeds its grasp – for now

    Blockchain has been touted by venture capitalists, technophiles and pundits as the Next Big Thing in computer science. The reality, however, is that the digital ledger software at the heart of Bitcoin and other cryptocurrencies has a long way to go before it gains mainstream adoption. Broad adoption of blockchain technology is likely years away as companies struggle to understand how to apply the digital ledger technology to practical scenarios amid regulatory, governance and standards obstacles.

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  1. Quotes

    1. Frankly, there's not many right now.
    2. Blockchain, as the digital ledger, will heavily impact the way we do business in the financial services industry.
    3. There's a long way to go before any of the solutions that have been in the headlines in the past 18 months will be ready for enterprise deployment.
    4. It does have the potential of wringing massive amounts of inefficiency out of legacy business processes.
    5. Take into account the end-to-end process – having a few fragments of a solution doesn't help.
  2. Authors