Look Beyond the Hype: Blockchain Segments Delivering Real Value Even in Bear ...
There is no doubt that there are many short-term gains that can be generated by meme-based or hype-based crypto tokens and assets. However, over the long run, as the saying goes, “Only the relevant survive.” As the market matures and blockchain and crypto technologies gain mainstream adoption, we are no longer looking for the next […]
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The never-ending projects fantasized about by scientists promise much without actually delivering anything.
According to the latest Gartner Hype Cycle report, Blockchain technology is just about at the Peak of Inflated Expectations. Meanwhile, cryptocurrencies such as Bitcoin and related businesses like exchanges are further ahead in the Trough of Disillusionment. Peak Blockchain? Gartner has recently released its report Hype Cycle for Emerging Technologies,....
Tokenized platforms such as Ethereum have an incentive to hype the technology to increase the value of the token, says a new report by Tieron, a company that claims to be the first to complete a Blockchain healthcare project in 2015 having been the first partner in Philips Blockchain Lab. This is a part of the hype overload cited among the pitfalls presented by the Blockchain technology which Tierion’s Blockchain Healthcare 2016 Reports – Promise & Pitfalls says are more than its promises at this early stage. It adds that the hype around Blockchain has led to misinformation and....
A recent study by Gartner has shown that blockchain has reached the ‘peak of inflated expectations’ phase of the hype cycle as the chief architect of ACI Worldwide states that the distributed ledger technology is not yet able to handle financial transactions at scale. The study by Gartner ‘Hype Cycle for Emerging Technologies, 2016,’ found that blockchain won’t reach mainstream adoption for another five to ten years. According to Mike Walker, research director at Gartner, the Hype Cycle for Emerging Technologies report is the longest-running, providing an overview of what technologies are....
Chainwashing is the perfect term, coined by R3’s Tim Swanson to describe the current “Blockchain, not Bitcoin” hype that is hopefully nearing its peak. Peak Blockchain Hype? There is a lot of hype around Blockchain or Distributed Ledger Technology (DLT) today. According to a new survey by Synechron among 200 financial services business and IT decision-makers across the US, UK and Europe, over two-thirds (67%) of companies in the industry are actively pursuing blockchain initiatives. Moreover, 94%, believe that key leaders (board members) have bought into developing blockchain projects.....