Forrester: ‘Blockchain’ is out, ‘distributed ledger technology’ is in

Dive Brief:

• Forrester kicked off its 2019 predictions for distributed ledger technology(DLT) with the forecast that the term “blockchain” will fall out of favor as enterprises turn to more inclusive and neutral DLT terminology. It pushes away from blockchain’s “associations with the Wild West of cyptocurrencies and initial coin offerings.”
• DLT encompasses a broader understanding of the technology that is not limited by strict parameters of what a blockchain is — parameters that are still debated by many technologists, detracting from more important questions about the future of the underlying tech. Shifting the language will help businesses become more realistic about DLT capabilities and what is needed to make a project successful, according to the report. Failure...

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