Gartner: Corporate Blockchain Won’t Take Off for Another Decade

For years, all sorts of companies have flooded the media with reports of using blockchain technology for everything from tracking vegetables to fake luxury handbags. These claims mostly involved tests that were done only for the sake of publicity, riding the coattails of cryptocurrency, and almost never about actual products. A new report from Gartner … Read more

McKinsey: Despite Billions of Dollars, Corporate Blockchains Have Achieved Little

During the last 18 months, companies have claimed to be able to use blockchain technology to improve the supply of everything from vegetables to automobiles. An increasing body of evidence, however, suggests that the reality has failed to match the hype. Also Read: Phillip Frost Agrees to Settle Riot Blockchain Related Case for $5.5M Billions … Read more

Nouriel Roubini Attacks Blockchain in Latest Rant

NYU economics professor Nouriel Roubini, commonly known as Dr. Doom in mainstream financial media circles, is a long-established Bitcoin and cryptocurrency skeptic. In his latest rant he focuses on blockchain technology and the people promoting it. Also Read: Research: Corporations Fail to Deliver on Blockchain Hype, Scalability a Top Concern Greedy White Men Roubini, who … Read more

Research: Corporations Fail to Deliver on Blockchain Hype, Scalability a Top Concern

A new report from Greenwich Associates, a provider of market intelligence and advisory services to the financial services industry, tries to answer the question: “Why have the tech and financial industries lagged their own blockchain expectations?” It identifies technical challenges as causing corporations to fail to deliver on the hype they created around a buzzword … Read more

44% of American Executives Think “Blockchain Is Overhyped”, Deloitte Survey Finds

New indicators point to corporate executives starting to wisen up to the notion that so-called blockchain technology is some kind of cure-all drug for their industries that they can just extract from Bitcoin and drop the cryptocurrency behind. The latest example of this is a recent survey by Deloitte, showing that 44% of American executives … Read more