Gartner reports: Only 11% of CIOs indicate that blockchain short-term planning has been deployed or is in progress

Although interest in blockchain is still high, there is still a huge gap between speculation and market reality. According to a Gartner report, only 11% of CIOs indicated that they have deployed or are in the process of short-term blockchain planning. This may be because most projects fail to go beyond the initial experimental phase. Adrian Leow, senior research director at Gartner, said, “The blockchain platform and technology market are still in their infancy, and there is no industry consensus on key components such as product concepts, feature sets and core application requirements. We do not expect a single lead in the next five years. Platform.” Gartner also listed the seven most common mistakes in blockchain projects: 1. Misunderstanding or misuse of blockchain technology; 2. Assume that blockchain technology is ready for production use cases; 3. Confusion protocols and Business solutions; 4. Think of blockchains purely as databases or storage mechanisms; 5. Assume that there are interoperability standards; 6. Assume that smart contract technology is a problem that has been solved; 7. ignore governance issues.