Gartner: CIOs need to start thinking about the value of the blockchain to meet the challenges of the next five years

Gartner, a well-known information technology research and analysis company, said today that the opportunities for blockchain technology are huge, but chief information officers (CIOs) need to understand how the technology will affect the critical parts of their business. Rajesh Kandaswamy, vice president of Gartner, said: “Few companies have deployed blockchains, but the technology can significantly impact a wide range of business areas. The low usage rate of blockchain technology has led many CIOs to think they have no need to take action. Gartner mentioned in the article that CIOs need to start thinking about what value the blockchain can bring to their organization and how to address the challenges in the next five years.