\u201cThe past five years have produced nothing with this so-called \u201cblockchain\u201d technology and we\u2019re unlikely to see anything in the next five. The only thing that blockchain seems to be good at is promising to fix the biggest problems while delivering very\u00a0little and consuming tremendous capital.<\/p><\/blockquote>\n\n\n\n
Despite the arguments mentioned above, Gartner\u2019s study is optimistic. Obsolescence would only exist if service providers refuse to innovate – something very difficult to happen. In fact, Gartner believes the market will exceed 176 Bn USD by 2025 and then grow to 3.1 Trillion USD 5 years later, so they recommend that investors \u201cprepare for a rapid evolution\u201d of these technologies:<\/p>\n\n\n\n
\u201cProduct managers should prepare for rapid evolution, early obsolescence, a shifting competitive landscape, future consolidation of offerings and the potential failure of early stage technologies\/functionality in the blockchain platform market.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"
The market for blockchain solutions could be growing at a faster pace than the evolution of these technologies, a phenomenon that might contribute to promote their early adoption but could lead to the obsolescence of the current products in the next two years. A study by the analysis firm Gartner concluded that by 2021, 90% of all the currently available enterprise blockchain platforms will require an upgrade or replacement within 18 months to adapt to the needs of the markets […]<\/p>\n","protected":false},"author":26,"featured_media":36445,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[800],"tags":[65,652,6924,1662,2830],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/44210"}],"collection":[{"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/users\/26"}],"replies":[{"embeddable":true,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=44210"}],"version-history":[{"count":0,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/44210\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/media\/36445"}],"wp:attachment":[{"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=44210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=44210"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=44210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}