Gartner Research

Debunking the Top 3 Blockchain Myths for Data Management

Published: 19 April 2018

ID: G00354025

Analyst(s): Nick Heudecker , Arun Chandrasekaran

Summary

Hype for blockchain-based data management is creating myths around how the technology will replace traditional data management technologies. Data and analytics leaders must understand these myths, and the realities behind them, to manage business expectations and temper vendor enthusiasm.

Table Of Contents

Introduction

Analysis

  • Myth 1: Blockchain Will Replace Existing Data Management Technologies
    • Data Manipulation
    • Throughput and Scalability
    • Data Integrity
    • Data Integration
    • Analytics
  • Myth 2: Blockchains Are Inherently More Secure Than Alternative Data Stores
    • The Magic Token
    • The Data Vault
  • Myth 3: Emerging, Vertical-Specific Blockchain Data Platforms Simplify Vendor Selection

Gartner Recommended Reading

©2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates. This publication may not be reproduced or distributed in any form without Gartner’s prior written permission. It consists of the opinions of Gartner’s research organization, which should not be construed as statements of fact. While the information contained in this publication has been obtained from sources believed to be reliable, Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner research may address legal and financial issues, Gartner does not provide legal or investment advice and its research should not be construed or used as such. Your access and use of this publication are governed by Gartner’s Usage Policy. Gartner prides itself on its reputation for independence and objectivity. Its research is produced independently by its research organization without input or influence from any third party. For further information, see Guiding Principles on Independence and Objectivity.

Already have a Gartner Account?

Purchase this Document

To purchase this document, you will need to register or sign in above

Become a client