The ledger-based technology that made cryptocurrencies viable is just as revolutionary today as it was then. Sadly, incidents like the FTX catastrophe fuel worries that blockchain is more of a hype than a real technological advance. Will blockchain finally show itself to be unapplied in the business world?
When blockchain technology gave rise to a new perspective on money and wealth creation, many in the enterprise IT sector started considering how to use blockchain technology to improve business processes. The global supply chain, for instance, still has room for improvement.
Enterprise adoption of blockchain has increased more than a decade later. technology to the fullest extent, typically long before anybody else recognizes its value. The drawback of emerging technology is that excitement frequently obscures truth.Cloud computing was a new technology when it first appeared. Software companies raced to create SaaS solutions, which let users purchase software as a service rather than having to install it on each workstation individually.
The end of the cloud computing progression was quietly revealed twenty years later. Every day, cloud computing operates in the background and is in charge of exchanging billions of pieces of data.These days, everyone takes the cloud for granted. However, if you go back 20 years, the same excitement fueled discussions about cloud computing. In fact, if you look back 50 years, you may discover buzz about employing computers in the enterprise. What do you think about this, Share your views in the comments below.
