For all the hype, blockchain applications are still years, even decades away

For all the hype, blockchain applications are still years, even decades away

6 years ago
Anonymous $2WKDXfy9lA

https://www.cnbc.com/2018/06/04/for-all-the-hype-blockchain-applications-are-still-years-even-decades-away.html

When it comes to proving the tangible benefits of the blockchain technology that many expect to change the world, it is still very early days and the earliest viable applications will likely be in supply chain management, rather than financial services, executives say.

In fact, Cisco stopped researching blockchain applications in financial services after 18 months because it will take a while for the many players in the complex markets to get up to speed, Anoop Nannra, head of the company's blockchain initiative, told CNBC in May. Instead, for the last year or so he said the team has been investigating blockchain applications in supply chain management.

For all the hype, blockchain applications are still years, even decades away

Jun 4, 2018, 7:08pm UTC
https://www.cnbc.com/2018/06/04/for-all-the-hype-blockchain-applications-are-still-years-even-decades-away.html > When it comes to proving the tangible benefits of the blockchain technology that many expect to change the world, it is still very early days and the earliest viable applications will likely be in supply chain management, rather than financial services, executives say. > In fact, Cisco stopped researching blockchain applications in financial services after 18 months because it will take a while for the many players in the complex markets to get up to speed, Anoop Nannra, head of the company's blockchain initiative, told CNBC in May. Instead, for the last year or so he said the team has been investigating blockchain applications in supply chain management.