90% of Corporate “Blockchain” Pilots Will Never Materialize, Researchers Say

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If you have been following the mainstream financial press, and even some cryptocurrency news sources, you could not have missed the hype around the so called “Blockchain”. It feels like every day another established company claims to be testing using the technology to disrupt its own industry. In reality, however, it seems that the overwhelming majority of these pilots will never materialize.

 A Significant Disconnect Between Hype and Reality

Forrester Research Inc. (NASDAQ:FORR), the global advisory company, has determined that 90% of corporate blockchain pilots, usually announced with much fanfare, will never actually materialize into a service or product to hit the market. Companies are reportedly experiencing difficulties handling performance, oversight and operations, as well as failing to agree on a common system among competitors, thus resulting in extended timelines and greatly reduced expectations.

https://news.bitcoin.com/90-of-corporate-blockchain-pilots-will-never-materialize-researchers-say/


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