Blockchain, the distributed ledger technology that underpins the cryptocurrency bitcoin, has been slowly but surely infiltrating the enterprise over the past decade as businesses investigate whether it can solve some of their most pressing problems.
The main benefits of blockchain for businesses comes in the way it securely stores information across a distributed network of computers, meaning once a record enters the chain it is impossible to amend or deleted. This functionality has caught the eye of financial services firms for secure payments protocols, governments to store citizen records, and manufacturers looking for better transparency into their supply chain, to name just a few.
In fact, an October 2017 survey from CompTIA found that 24 percent of businesses are looking into potential applications of the technology, while 16 percent of firms had already purchased blockchain-enabled tools.
Here we explain blockchain in the context of enterprise deployments, from financial services to governments, how technology vendors are getting in on the action with fully managed Blockchain-as-a-Service options, tips for building a career around blockchain and some real-world case studies.
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