9 Challenges Slowing Blockchain Deployment - InformationWeek

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3/1/2018
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Cynthia Harvey
Cynthia Harvey
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9 Challenges Slowing Blockchain Deployment

Enterprises that want to get started with blockchain will need to be prepared to overcome significant barriers - both organizational and technological.
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Understanding Blockchain

Image: Pixabay
Image: Pixabay

At this early stage in its development, one of the biggest obstacles hindering adoption of blockchain is understanding what the technology can do.

IBM has been one of the early leaders in cloud-based blockchain services, and Jason Kelley, general manager of Blockchain Services for the company said, "A lot of our clients . . . are at the very beginning of wondering how to work with blockchain." He encourages enterprise IT leaders and business leaders to learn more about what the technology can and cannot do.

Other experts also highlight the need for more knowledge about the technology. According to a Deloitte report, "The principal challenge associated with blockchain is a lack of awareness of the technology, especially in sectors other than banking, and a widespread lack of understanding of how it works."

Cynthia Harvey is a freelance writer and editor based in the Detroit area. She has been covering the technology industry for more than fifteen years. View Full Bio

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