Do you Really Need Blockchain?

It is reported that the IBM blockchain team has been gutted, even though IBM vehemently denies it. Enterprise blockchain seems to be in retreat across a wide range of industries.

Organizations with high value maturity have solid processes in place to calculate the business benefit of new technologies, and only a few of those invested in blockchain. But organizations with a lot of legacy technology who felt the need to jazz up their tech portfolio enthusiastically embraced blockchain and started vaguely defined projects

If you are a CIO, take a look at your project portfolio. If you have blockchain projects on the list, have an experienced analyst from outside the project team take a good look at the business case. If she reports back that it is based on overly optimistic assumptions, it should be re-evaluated. If that means the costs outweigh the benefits, the project should be cancelled.