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One-Fourth of Enterprises Experimenting with Blockchain

You might have missed out on Bitcoin's meteoric rise, but don't miss out on the technology that is ultimately powering it. 

A recently released 451 Research study revealed that 28 percent of enterprises are now evaluating or using blockchain, although fewer than 3 percent have any production applications.

According to its "2017 Voice of the Enterprise Cloud Transformation, Vendor Evaluations" study, 20 percent of organizations surveyed are using blockchain in a discovery or evaluation phase, 4 percent running trials or pilots, 2 percent in test and development environments, 2 percent undertaking initial implementations of production applications and less than 1 percent have broad implementation of production applications.

Ultimately “Blockchain will do for transactions what the Internet has done for information. It promises to disrupt business models and entire industries. It allows for increased trust and efficiency, and is pushing us to challenge how we define and exchange value and reward participation,” said Csilla Zsigri, the report’s author and senior analyst, cloud transformation and blockchain at 451 Research.
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