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

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

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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 asserts that in reality the enterprise solutions behind these projects are still five to ten years away from making an actual impact.

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Gartner: Blockchain Technologies Have Not Lived up to the Hype

Gartner, Inc. (NYSE: IT), a research and advisory firm specializing in the financial and IT industries and a member of the S&P 500, recently released a report for its clients titled “Hype Cycle for Blockchain Technologies, 2019.” The report shows that most corporate blockchain solutions are still five to ten years away…

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