Gartner Research

The Future of Money Is the Programmable Economy, Not Just Bitcoin

Published: 20 November 2014

ID: G00270192

Analyst(s): David Furlonger


Media attention to digital cryptocurrencies is causing many business and IT leaders to miss one of the most transformational phenomena in economic history. The real story is not bitcoin, but the fundamental changes in digitally enabled business protocols that the programmable economy introduces.

Table Of Contents
  • Impacts


  • Digitally Enabled Protocols and Business Rules Create New Competitive Threats and Market Opportunities Across Every Industry for the Programmable Economy

Impacts and Recommendations

  • An increasingly globalized, decentralized digital representation of value is forcing all business and IT leaders to confront the now-eroding concept of sovereignty previously reinforced by central-bank-issued fiat currency
  • Digitalization of business and society are aggressively challenging the traditional foundations of the world financial order, requiring CIOs and business leaders to analyze the impact of digital currency on operations
  • An ecosystem of cloud-based networks that facilitate specific customer use cases for value exchange is forcing CIOs and business leaders to develop innovative service offerings

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