Why 2017 is Blockchain’s Make or Break Year

Eric Piscini, a principal with Deloitte Consulting LLP, leads the firm’s digital transformation and innovation efforts in the financial services industry, and is the global blockchain leader for financial services. 

In this CoinDesk 2016 in Review special feature, Piscini argues that 2017 could be the year that blockchain needs to prove its worth in the boardroom – or else risk ‘enterprise fatigue’.

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2017 could be the make-or-break year for blockchain technology.

That may sound dire, but poll anyone in the financial services industry and they will likely tell you that the technology is still in need of its break-out moment. If significant headway isn’t made – or real value delivered, whether in cost savings or new revenue generation – by the end of 2017, I suspect the technology will risk developing fatigue in executive suites.

A key part of the issue is that while progress has been made, the technology has not yet reached widespread adoption – the market is crowded with proofs-of-concept (PoCs), but not enough live implementations.

And while some successes have been achieved, nothing with significant volume, staying power or appropriate scalability has emerged. As a

Read more ... source: CoinDesk

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