The Gartner Hype Cycle is designed to help organizations separate the hype and bold promises of new technology from the technologies that are commercially viable. It is also one example of an enabling technology of the platform revolution trend, one of the three trends along with transparently immersive experiences and perceptual smart machine age highlighted in the Hype Cycle for Emerging Technologies 2016. Right now, blockchain is gaining traction because it holds the promise to transform industry operating models. While bitcoin steals the show as the only proven blockchain, the term blockchain has grown to encapsulate nearly two dozen distributed-ledger products with more than two dozen offerings in the market, thus the hype. With its ability to store multiple bank transactions in one centralized ledger, accessible by all parties and regulated by a decentralized network, blockchain will have a transformational impact on business. On this subject, here is an article about the hype cycle: You won’t be surprised to learn that blockchain, still five to ten years from mainstream adoption, nears the peak of the Gartner Hype Cycle for Emerging Technologies, 2016. For further information, see Guiding Principles on Independence and Objectivity.We have significant expertise in delivering speeches to a variety of audiences on new technologies. Our capabilities are proven by the appreciation of our many customers. Its research is produced independently by its research organization without input or influence from any third party.
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