Gartner Research

The Bitcoin Blockchain: The Magic and the Myths

Published: 08 April 2016

ID: G00295779

Analyst(s): David Furlonger , Ray Valdes , Fabio Chesini

Summary

Blockchain technology derived from the Bitcoin stack promises much in the era of digital business. Senior executives and CIOs must understand its scope of choices, limitations and lack of maturity before making strategic investments.

Table Of Contents

Analysis

  • Breaking the Usual Pattern of Enterprise Adoption
  • What Is the Blockchain?
    • Four Different Uses of the Term
  • The "Magic" of the Blockchain
  • Myths About the Bitcoin Blockchain
  • Why Financial Services Companies Are Interested
  • Private Versus Public Blockchains
  • Bitcoin Stack's Key Advantage Over Alternative Metacoin Platforms
  • What the Blockchain Is Good For
  • Forecast for the Bitcoin Blockchain

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