RE: Blockchain Explored - why the industry loves IBM

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Blockchain Explored - why the industry loves IBM

in blockchain •  6 years ago 

Thanks Sorin for this post: How disturbing it may sound to some, let's hope the thoughts brought up by your excellent post might enable the most rigorous and thoughtful decision making when selecting blockchains technologies (across industrial sectors):
Don't be mistaken: Blockchains has indeed the potential to offer powerful and attractive solutions for selected use cases. This is partly because blockchain technologies are, by design, bearing a number of distinct advantages (compared to centralised solutions), including (but not limited to), say: Resilience, Scalability, Cost Effectiveness, (etc).
Your post clearly demonstrates that many of these are not potentially met thanks to the very model behind IBM's Hyperledger… Not that IBM Hyperledger solution is all that bad though (you actually never wrote this) – but let's ensure those in charge of decision making (and budget) get a true comprehensive picture of what they might be facing technically-wise, resource-wise, and… budget-wise when opting for an innovative blockchain technology solution. There are other attractive blockchain platforms out there that could suit business needs of the public and private sector…

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