Emerging blockchain vendors are focusing on carving the market either into specific verticals, such as finance or media, or in intercompany functions, like supply chain. Additionally, business models of vendors also vary, with some offering open-source tools or open core while some only dealing in proprietary products.
Businesses looking to adopt blockchains need to understand that these different platforms are as yet neither interoperable not offer any uniformity. Avoid making any long-term commitments with any vendor.
Data and analytics leaders are uniquely equipped to capitalize on the early state of blockchain, after years of transforming how their companies use and value information. Through 2021, 90% of enterprise blockchain platform implementations will require replacement within 18 months to remain competitive and secure, and to avoid obsolescence.
To know more about the scope of blockchain transformation, and the current state and evolution of these technologies, please join us at the Gartner Data & Analytics Summit 2019, 10 - 11 June, Mumbai.