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Blockchain will change Business Scenario
- By Elite CIO
Mar 01, 2019
4
Technology leaders says that they have more than 40% plan to roll out blockchain during the next three years.
Technology leaders says that they have more than 40% plan to roll out blockchain during the next three years.
Most of the IT Leaders believe that Blockchain will change business style in next 3 years and blockchain will improve business efficiency.
Top benefits – after Block chain technology adoption
· Business process automation and optimization
· Improved business efficiencies
· Cost reduction
· New Business opportunity and insight
· Improved profitability and market share
· Improved Customer satisfaction and adoption with loyalty
· New Revenue model
· Competitor edge
Biggest Challenge –
· Technology adoption and complexity
· Proven use case availability in similar business domain
· Legacy system dependency and change management
· Technology priority and displacement in IT Road map
· Available technical resource and skill set gap
· Data Security
· Fund allocation
Author – Atul Bansal, Gateway Rail