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The Greatest Risk of Blockchain to Organizations is Doing Nothing
In the opening decades of the 21st century, taking risks, embracing uncertainty, and making bets on where the market is going is just the nature of business.
After several years of taking a conservative approach to blockchain technology use in the enterprise, executives are turning a corner. Despite a number of historically valid reservations created by, for example, a lack of standards, leaders to varying degrees are ready to invest in blockchain-based experiments, prototypes, pilots, and even develop production solutions.
Understanding the Value of Blockchain
Organizations are beginning to see a lot of value in the unique qualities of blockchain technology to enhance their internal processes and to deliver better services to their customers. These leaders also recognize that blockchain technology may be required due to demands from the marketplace. For example, if you’re a bank, you’ve got to decide whether you’re going to support cryptocurrencies.
Now that organizations are moving forward, they’ve still got some hurdles to overcome.
