Best Practice Report

IoT And Blockchain: A Powerful Pairing That Doesn’t Yet Live Up To Its Promise

Some Technology Hurdles Remain, But The Real Challenges Are All On The Business Side

July 16th, 2019
With contributors:
Pascal Matzke , Patrick Carroll , Ian McPherson

Summary

Distributed ledger technology (DLT, aka blockchain) and the internet of things (IoT) should be ideal companions. Distributed, peer-to-peer, blockchain-based networks enable the sharing of trusted data to support IoT scenarios that are difficult or impossible to implement with more traditional approaches. While these benefits will not emerge overnight, CIOs and CTOs need to understand the realities of blockchain technology in the IoT context. This report helps CIOs and CTOs assess where blockchain fits in their IoT plans.

Want to read the full report?

This report is available for individual purchase ($1495).

Forrester helps business and technology leaders use customer obsession to accelerate growth. That means empowering you to put the customer at the center of everything you do: your leadership strategy, and operations. Becoming a customer-obsessed organization requires change — it requires being bold. We give business and technology leaders the confidence to put bold into action, shaping and guiding how to navigate today's unprecedented change in order to succeed.