{"id":14609,"date":"2019-02-15T04:30:03","date_gmt":"2019-02-15T12:30:03","guid":{"rendered":"https:\/\/www.palada.net\/index.php\/2019\/02\/15\/news-8358\/"},"modified":"2019-02-15T04:30:03","modified_gmt":"2019-02-15T12:30:03","slug":"news-8358","status":"publish","type":"post","link":"http:\/\/www.palada.net\/index.php\/2019\/02\/15\/news-8358\/","title":{"rendered":"CIOs, you\u2019re doing blockchain wrong"},"content":{"rendered":"

<\/p>\n

Credit to Author: Lucas Mearian| Date: Fri, 15 Feb 2019 03:00:00 -0800<\/strong><\/p>\n

IT leaders who’ve taken the plunge into blockchain are mainly deploying it in proofs-of-concept tests to address the same problems a conventional database could handle, according to research firm Gartner.<\/p>\n

Relying on a survey of consulting firms whose clients had deployed some form of blockchain, Gartner found that CIOs are using blockchain for shared record keeping and asset tracking. They’re not<\/em> using it as a decentralized ledger able to support immutable data audit trails for exchanging a single version of transactional truth \u2013 the core mission at the heart of blockchain.<\/p>\n

For many, blockchain remains a technology in search of a problem, Gartner said in a research note.<\/p>\n

“That no one is using those innovative features calls into question why they’re using blockchain. Just go use a database,” said Avivah Litan, a Gartner vice president and distinguished analyst. “But, the reason they’re using blockchain is for the distributed ledger technology.”<\/p>\n

The perception that the technology is not meeting business expectations has resulted in a palpable disillusionment among IT leaders because of the misalignment of blockchain expectations with the real-world requirements of enterprise projects. The problem also stems from a simple fact: blockchain is not yet mature enough for all enterprise use cases.<\/p>\n

To continue reading this article register now<\/p>\n

\t\tLearn More<\/a>   Existing Users Sign In<\/a> \t<\/p>\n

http:\/\/www.computerworld.com\/category\/security\/index.rss<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

<\/p>\n

Credit to Author: Lucas Mearian| Date: Fri, 15 Feb 2019 03:00:00 -0800<\/strong><\/p>\n

IT leaders who’ve taken the plunge into blockchain are mainly deploying it in proofs-of-concept tests to address the same problems a conventional database could handle, according to research firm Gartner.<\/p>\n

To read this article in full, please click here<\/a><\/p>\n<\/section>\n<\/article>\n

(Insider Story)<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","footnotes":""},"categories":[11062,10643],"tags":[20926,11526,11070,17258,11068,714,14247],"class_list":["post-14609","post","type-post","status-publish","format-standard","hentry","category-computerworld","category-independent","tag-accounting-and-finance-systems","tag-blockchain","tag-emerging-technology","tag-fintech","tag-idg-insider","tag-security","tag-software-development"],"_links":{"self":[{"href":"http:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/posts\/14609","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"http:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/comments?post=14609"}],"version-history":[{"count":0,"href":"http:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/posts\/14609\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/media?parent=14609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/categories?post=14609"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/tags?post=14609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}