Wednesday, October 9, 2019

Here's why there won’t be a quick enterprise blockchain revolution

While billions of dollars are being spent on blockchain, and that spending is expected to grow exponentially over the next five years, the distributed ledger technology will never spark a technology revolution in the enterprise where preference always favors centralized control.

"I don't think we will ever see a revolution in the enterprise," said Avivah Litan, a vice president of research at Gartner. "No one wants to give up authority. Think about it. It goes against an enterprise's ability to control their own destiny. Full, complete blockchain is about no central authority. It's just peer-to-peer."

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from Computerworld https://ift.tt/2p37icE

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