Research: 90% of Blockchain Implementations Have To Be Replaced Within 18 Months

The new blockchain technology may seem to be useful in every sphere of life, but some enterprises are constantly misusing it. A global research and advisory firm, Gartner, Inc., has made a research where found out that 90% of the current blockchain implementations will have to be replaced.

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The real reason why they need to be changed is that the current implementations will not be able to compete with others in less than 2 years. Therefore, to keep their dominance and stability, they will require replacement.

“By 2021, 90% of current enterprise blockchain platform implementations will require replacement within 18 months to remain competitive, secure and avoid obsolescence, according to Gartner, Inc.,” the press release stated.

Many of traditional enterprises are extremely interested in blockchain as it provides numerous advantages when it is utilized correctly. However, it is not always a good choice.

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