Blockchain’s next frontier: Shaping the business model
MIT Technology Review May 14, 2020
As adoption of distributed ledger technology increases, companies face a handful of new challenges, from too much emphasis on technology to professional services’ guidance.
The story of blockchain market adoption closely resembles the path taken by other disruptive technologies: an initial industry explores what is possible, others give form and substance to what is plausible, and the marketplace helps define what is practical. It’s no longer a question of whether the technology will work—it does work. What’s at play now is how each industry will tailor blockchain adoption to meet its needs.
Collective sentiment about blockchain is on the rise, along with meaningful implementations in the public and private sectors. At the same time, a new era of maturity is...