Blockchain minus the hype and hyperbole
Blockchain and its associated technologies, burst into the public consciousness in 2015 after a relatively slow build-up spanning several years. In the course of 2017 blockchain became one of the most hyped technologies ever, with increasingly outlandish claims made about its capabilities and benefits.
Blockchain has just passed “peak snake oilâ€, and we can now look forward to the bubble bursting in the next two years, with blockchain finding a useful, but not quite “transformational†role in supporting distributed processes.
2018 will be a tough year for blockchain technology. As the cost and complexity of implementing blockchain solutions becomes apparent, many of the early blockchain projects will either be quietly shelved in favour of more traditional approaches or they will evolve in a way which reduces their dependence on blockchain technology. While blockchain technology will have lost its gloss by 2025, it will have found its way in to the heart of many key business processes; especially those involving multiple, disparate, participants.
Despite being absurdly over-hyped, blockchain technology does have a strong role to play in some applications, and this webinar will set some of the myths surrounding blockchain technology right on one hand, while providing clear guidance on the way organisations can make effective decisions about how, when, and where blockchain might be applicable to their organisation.
Presented by
Gary Barnett,
Chief Analyst, Technology Thematic Research, GlobalData
Gary Barnett is an experienced technologist having worked as a developer, architect, CIO, and Technology Analyst over a career spanning three decades. Gary has advised hundreds of organizations on technology selection, strategy, and enterprise architecture as well as writing dozens of reports on distributed computing, middleware, application development, and strategy.
As the chief analyst for GlobalData’s technology thematic research Gary is actively involved in primary research projects on topics a diverse as blockchain and cryptocurrencies, the Internet of Things, Cloud Computing, and 3D Printing.
Adam Vile,
CTO, VAKT
As CTO at VAKT, Adam is leading the development of a blockchain-based digital platform for energy commodities trading. Adam’s career as a technologist spans three decades, with experience in both technical and business leadership roles.
VAKT is in the process of developing a platform for physical post-trade processing, which makes extensive use of blockchain technologies. The project is being driven by nine leading energy companies and banks who have committed to working together to develop an industry-wide solution to long standing problem of implementing an efficient and effective post-trade processing platform.