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Blockchain is poised for a big business breakout

January 22, 2018

Via: CIO

For all the hype, blockchain has yet to go mainstream in the enterprise. That may well change in 2018 as the technology’s reputation for trusted transactions continues to grow among IT leaders.

Blockchain is a shared digital ledger for recording transactions. Each transaction among participants in a network is tucked into a record known as a block that is digitally signed to ensure its authenticity and create consensus about the state of transactions at any given second. What has CIOs excited about blockchain is its ability to scale across an enterprise, offering a network effect of digital trust.

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