Gartner Research

Experiment With Blockchains for Data Management Innovation

Published: 13 June 2016

ID: G00307836

Analyst(s): Saul Judah , Nick Heudecker

Summary

Blockchain technology's data provenance features and trusted interactions could change how data is controlled, shared and governed. Although big technological hurdles remain, innovative data management opportunities are emerging. It's time for data and analytics leaders to start experimenting.

Table Of Contents
  • Impacts

Analysis

Impacts and Recommendations

  • Blockchain technologies represent a decentralized, transparent transaction ledger that, as an alternative to centralized third-party intermediation, could help data and analytics leaders by eliminating the inefficiencies of traditional data management
  • Current blockchain implementations lack essential information capabilities for data management, which will delay, or perhaps even prevent, the use of blockchains by data and analytics leaders in production environments
    • Blockchains lack key information capabilities
    • Blockchains face throughput and capacity challenges

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