What to Expect in 2020 and Beyond
Blockchain technologies made famous by the Bitcoin use case have now moved from proofs of concept to real projects in the business-to-business enterprise. Success in these technologies requires organizations and their leaders to rethink business models, identify opportunities to reconsider where reliability of shared data can reduce friction and craft new value chains that arise from a digital world. As blockchain moves from hype to value creation, five use cases—record-keeping and provenance of data, securities and assets, smart contracts, digital currencies, and development of network ecosystems—will dominate 90% of all blockchain projects. Success will require early adopters to apply a disciplined approach as fast followers leverage new trends in blockchain as a service and for tokenization processes.