The fastest growing new technology in the last decade is without a doubt blockchain. But despite its significance and wide acceptance, the majority of the entrepreneurs are yet to comprehend the capabilities and the advantages of integrating this technology into their business environment.
In a recent , leaders at technology companies surveyed show that more than 40% plan to roll out blockchain during the next three years. Furthermore, nearly half of IT executives report that they see blockchain will change the way their organizations will do business over the next three years.
According to KPMG analysis “Blockchain is increasingly being recognized as a way to drive operational efficiencies, especially with broad, distributed processes that require exchanging data with multiple internal and external parties which have traditionally been some of the most challenging to optimize”.
Meanwhile, on a critical challenge facing organizations; “It’s easy to be swept up in the promise and hype of blockchain, but the reality is that most solutions marketed as “blockchain” are missing key components — particularly tokenization and decentralization. This “blockchain whitewashing” creates confusion in the market for CIOs and business leaders as they assess the cost-benefit analysis of blockchain.”
These are significant findings. On one hand, many organizations are bullish on blockchain and driving blockchain initiatives. However, it can be easy to get caught up in all the excitement and confusion and miss the opportunity.
By adding the course to our digital portfolio, the CCC continues to empower organizations and IT professionals in their digital transformation journey. Over two days, the provides the context of blockchain and covers the following:
- Blockchain Overview
- Applications and Uses of Blockchain
- Working of Blockchain Demystified
- Crypto Economics
- Blockchain Alliances
- Future of Blockchain
To find out more about blockchain and our new course join Sherry Jacob (Senior Manager at Accenture) and myself on March 5th, 2019. You can sign up here.
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About the author
Mark O'Loughlin is a the Managing Director of the CCC. Mark is internationally recognized as a global thought leader and published author in digital IT, cloud computing, DevOps, cloud service management and IT Service Management.
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