The Gartner Blockchain StudyGartner's study says the following:
“By 2021, 90% of current enterprise blockchain platform implementations will require replacement within 18 months to remain competitive, secure and avoid obsolescence."However, although the technology will need constant updating, the value it adds to regular business will be almost $200 billion by 2025. More impressive is how this figure is expected to soar to $3.1 trillion by 2030.
Fail by 2021Gartner predicts that 90% of current enterprise blockchain uses will fail by 2021 due to a fragmented market and "unrealistic expectations." However, as stated, those that do persist will potentially add trillions in value. Adrian Lee, senior research director at Gartner, said the following on the matter:
“Blockchain platforms are emerging platforms and, at this point, nearly indistinguishable in some cases from core blockchain technology [...] Many CIOs overestimate the capabilities and short-term benefits of blockchain as a technology to help them achieve their business goals.">> GlobalCoin: Facebook in Discussions with CFTC but Uncertainties Continue