Gartner Research

China Summary Translation: 'Top 10 Mistakes in Enterprise Blockchain Projects'

Published: 07 July 2017

ID: G00328213

Analyst(s): Evan Zeng , Ray Valdes


Blockchain technology is at the Peak of Inflated Expectations, which means that the Trough of Disillusionment is not far off. CIOs should be aware of the common mistakes that can lead to disappointment and failure in enterprise blockchain projects.

Table Of Contents



Top 10 Mistakes in Enterprise Blockchain Projects

  • Key Findings
  • Recommendations


  • 1. Misunderstanding or Ignoring the Purpose of Blockchain Technology
  • 2. Assuming That Current Technology Is Ready for Production Use
  • 3. Confusing Future Blockchain Technology With the Present-Day Generation
  • 4. Confusing a Limited, Foundation-Level Protocol With a Complete Business Solution
  • 5. Viewing Blockchain Technology Purely as a Database or Storage Mechanism
  • 6. Assuming Interoperability Among Platforms That Doesn't Exist Yet
  • 7. Assuming That Today's Leading Platforms Will Still Be Dominant (Or Even Extant) Tomorrow
  • 8. Assuming That Smart Contract Technology Is a Solved Problem
  • 9. Ignoring Funding and Governance Issues for a Peer-to-Peer Distributed Network
  • 10. Failure to Incorporate a Learning Process

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