When the supply chain conversation turns to blockchain, the laundry list of capabilities and benefits is often preceded by the word “could.”
The technology is here. We understand what an immutable ledger could do for supply chains, but widespread adoption is still in the distance.
In early 2018, a Gartner survey put the number of CIOs (across all industries) with actual blockchain implementation at their organizations at 1% globally; 8% were experimenting, and 77% weren’t interested.
Further, the Gartner Hype Cycle predicts the time for larger, focused investments in blockchain will begin in 2022 and large-scale, global value-add won’t begin until 2027.
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