Why the Blockchain is Getting Boring
And that’s really exciting
In 2015, Gartner declared that “Cryptocurrencies” and “Cryptocurrency Exchange” were either headed into or well within the Trough of Disillusionment. The foundation for such technology - the Blockchain - isn’t even represented on their 2015 Hype Curve, and so one assumes that as of August, 2015, that foundation must have been mired in disillusionment as well. However, here in early 2016, we’re starting to see signs that folks are really starting to “get” the Blockchain.
- 40 large banks just participated in a test of Blockchain technology to trade Bonds. Generally, there’s almost no “hype” in bonds.
- The world of Accounting (think Deloitte and PWC) is starting to fully appreciate just how much money in savings can be realized thanks to the Blockchain — TWEET THIS
- Meanwhile folks are using the Blockchain to secure millions of healthcare records — TWEET THIS
More and more news comes out about uses and implementations of the Blockchain every day, and it’s almost always unsexy, nuanced, non-consumer-facing, and solving some really big problems.