This year, while consumers tracked popular new applications for virtual reality (VR) and augmented reality (AR), CIOs and IT leaders paid attention to blockchain for its potential to disrupt currency platforms as we know them.
With its ability to store multiple bank transactions in one centralized ledger, be accessible by all parties and regulated by a decentralized network, blockchain will have a transformational impact on business. Yet with all the hype, blockchain nears the peak of the Gartner Hype Cycle for Emerging Technologies, 2016. AR and VR, on the other hand, have moved further along the cycle, given their tenure in the market. The Gartner Hype Cycle helps organizations separate the hype and bold promises of new technology from technologies that are commercially viable. Depending on your individual risk appetite and industry, this cycle enables you to become educated about the promise of an emerging technology.
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