Blockchain Still Misunderstood By Many
- by Laurie Sullivan @lauriesullivan, February 12, 2019
About 64% of organizations consider blockchain a tech initiative, but 46% of executives at these organizations feel unprepared to effectively use the technology,
That's according to Globant’s 2019 Blockchain Technology Business Guide, released this week. The findings are based on a survey of about 679 U.S. senior-level decision makers.
The survey …
The highest use of blockchain is individual privacy and identity management. However, I've yet to see anything close to a low friction implementation.
Because the public has been conned of $750B in asset value over the last 2 years, there is understandable reticence to re-engage with the technology. The name blockchain recalls our starry eyed friends and relatives who went all in and lost.
The underlying question is, "what is the business model for privacy providers?" What stream of income will compensate for the development and maintenance of identity systems?