A New Report Bursts The Blockchain Bubble

There is a huge hype bubble surrounding blockchain, and according to a new report, it got popped.

The report comes out of the research firm GlobalData, “Blockchain – Thematic Research” [fee required], and it says that the new technology’s bubble “will burst in the next two years [and] will have lost much of its gloss by 2025.”  The report was researched over the last 18 months and involved interviews with approximately a hundred organizations, summarizing blockchain as “awash with hype, but with a powerful core value proposition.”

According to the reports author, chief analyst and former software engineer Gary Barnett, it does have some value, but “it’s not magic.”

[Read the full article on MarTech Today.]

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