Ninety percent of blockchain-based supply chain projects are faltering because they cannot figure out important uses for the technology, research firm Gartner said on May 7.
Businesses that can’t learn to play nice with each other will be left behind by the blockchain revolution. That was the message of a panel on “How is Blockchain Technology Evolving?” at MIT Media Lab's day-long look at The Business of Blockchain on May 2. The event attracted companies like small blockchain startups, major consulting firms, and multinationals at the top of the Fortune 500.
Enterprise blockchain doesn’t solve one basic security problem: ensuring the accuracy and security of data before it is added to the blockchain. Big Blue is now offering hacking-as-a-service (let’s call it HAAS) to the growing number of private, permissioned blockchains springing up around the globe.