In this session I will be talking about, Blockchain is hype? what are the lessons to follow to decide a project on blockchain for business? I will be covering some of the insights from 3 research organizations Gartner, IDC, and McKinsey & Company.
We will explore some of the highlights from an article published by Mckinsey & Company “Blockchain’s Occam problem” and A webinar from Gartner with the title “Make Blockchain Work for Your Organization” where you can see the 2018 hype cycle Blockchain business and another article from IDC, Understanding the Blockchain Stack, #US44295318.
Based on “Classic lifecycle theory” Mckinsey & Company categories evolution of any industry or product into four stages:
- Pioneering
- Growth
- Maturity
- Decline
In this session, i have just shared some of the thoughts based on different articles, webinars, blogs and seeing in reality what different customers are trying to do with blockchain as compare to any other business applications implementation. Blockchain is driving from the ‘use case’ point of view. that’s why it is very important that we should focus on the 3 lessons to follow and drive blockchain technology for business with clarity of what business problems we are going to solve.
Please do share your thoughts ……
Reference:
- An article by McKinsey & Company with the title “Blockchain’s Occam problem”
- A webinar from Gartner with the title “Make Blockchain Work for Your Organization”
- Source: IDC, Understanding the Blockchain Stack, #US44295318