Trends Report

Blockchain In Banking: Success Depends On Technology And Market Maturity

Adapt Your Blockchain Plans To Geography And Use Case

December 19th, 2017
Martha Bennett, VP, Principal Analyst
Martha Bennett VP, Principal Analyst
Jost Hoppermann, null
Jost Hoppermann
With contributors:
Pascal Matzke , Christopher Andrews , Michael Glenn , Luis Deya , Andrew Reese

Summary

Blockchain-based solutions remain highly immature. The technology itself is nascent, and nobody has yet developed the governance models that form the foundation for a functioning ecosystem. Nevertheless, many bank executives show a degree of enthusiasm that leads to inflated expectations and high investments that may not create sufficient value. This report helps application development and delivery (AD&D) professionals to determine the risk and the time to value of blockchain use cases and provides guidance on whether an organization should embark on its blockchain journey now.

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