Research and advisory firm Gartner listed blockchain as one of the top ten strategic technologies for 2020. It said public blockchains are presently too immature for enterprise deployment due to poor scalability and interoperability but expects the technology to overcome these issues by 2023.
However, it sees a current role for enterprise blockchain in digital transformation with “evolutionary and incremental improvements” in trust and transparency.
The report, ‘
Top 10 Strategic Technology Trends for 2020’, suggests enterprises at the very least start evaluating distributed ledger technologies (DLT), if not adopting it, citing the technology’s potential for disruption and revenue generation.
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Image Copyright: Gartner