A reality check on the business opportunities
If blockchain is the answer, what is the question?
In this CIC Briefing Note we run the rule over the blockchain technology and outline considerations for ensuring the right approach to investigating the value of blockchains. Our report identifies the move from public to private blockchains and the emergence of standards for interoperation between private blockchains. Clearly blockchain technology is not right for every use case scenario: even the emerging standard for interoperation between blockchains are not dependent on the technology being used. However, CIC’s briefing note offers six ways for customers to stay on the right side of blockchain and highlights an impending patent challenge.