Why Is Blockchain Blocked?

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Why Is Blockchain Blocked?

Article
Posted December 16, 2019 in Business Agility & Software Engineering Excellence, Business Technology & Digital Transformation Strategies Cutter Business Technology Journal


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Steven Kursh and Arthur Schnure identify six key arguments for why blockchain technology adoption is “blocked.” The authors investigate each identified rationale, showing its repercussions and proposing potential solutions to move forward. If blockchain technology is evolutionary, rather than revolutionary, as the authors assert, it is critical to understand what the current barriers are and how organizations, gov­ernments, and communities can address them. Once these barriers are overcome, more organizations will be eager to implement blockchain to demonstrate the business efficiency of the technology and to leverage its full potential.