Topic: Blockchain or Business Model? - page 3. (Read 620 times)
Its a common thing to see the industry or companies still hesitate to used blockchain, we are in the process of researching to see how effective is the blockchain technology and where should they used it, blockchain is getting more popular and in some sector it had been able to solve dispute problem, but its not that easy to just shift the system and implement the blockchain technology, there are some step that need to be taken and some risk that need to be evaluted
It is so, that's why I infer that what matters to many is the business model, safe businesses, very few bet on technology, I especially am a great technology enthusiast, but to get there you have to go through a series of events that have technology as the only way out.
The survey’s outcome have shown weakness on bitcoin technology, more on security reasons and lack of information dissemination. The triggering factor for a wide spread business adaptation of certain technology is acceptance and endorsement from the financial experts/government entities, but the sad part is they’re BS towards banking sectors is much higher and have bigger value in terms of “dollars in the pockets” if you know what I mean.
When we take a look at Blockchain technology we observe there are a lot of advantages of using it. Pryople can make faster transactions with lower fees and its way more secure. But as the article says its hard for any business to implement it because it would take some time for people to adopt it. Blockchain is not something new but still very little percentage of the population know what it is and how it works,thats the reason why companies don't want to get involved with it.
In the present Article of today, dated: 02/19/2019,
whose source is: https://cointelegraph.com/news/new-survey-indicates-businesses-unprepared-to-deploy-blockchain-technology
I want show what many entrepreneurs are looking for:
A new study has revealed that, while businesses are considering blockchain adoption, overall they do not feel ready to implement the technology. The survey was conducted by software development firm Globant and published on Feb. 19.
The report says that 64 percent of organizations are intent on investing in blockchain solutions to improve their internal operations, while only 46 percent of respondents feel ready to deploy the technology.
Out of 61 percent of organizations that are already researching blockchain, only 28 percent have chosen a blockchain provider. According to the survey, the majority of decision-makers are still investigating the technology and comparing vendors, and have not yet defined their stance on blockchain tech.
Diego Tartara, CTO Latin America at Globant, said, "Blockchain implementation is different for every organization, so it's imperative for business leaders to have a unified idea of what their integration will look like. The technology as such usually requires a shift in paradigm to adopt it, thus sharing core objectives for the technology is key for a successful blockchain integration."
To prepare the study, the researchers reportedly surveyed 679 senior-level decision makers employed in the fields of marketing, IT and operations in the United States during first quarter of 2018.
Earlier this month, a TD Bank survey revealed that 90 percent of treasury and finance professionals think that blockchain and distributed ledger technology (DLT) will positively affect the payments industry. Per the survey, only 14 percent of the respondents said that their organization has training strategies for blockchain.
A survey by the Global Blockchain Business Council published last January revealed that 63 percent of respondents believe that senior business executives have a poor understanding of blockchain technology. 30 percent consider their knowledge of the emerging technology as “average.” The remaining 7 percent described senior executive understanding of blockchain as “good.”
My analysis:
According to the Blockchain Technology it offers great advantages and is based on NO-CORRUPTION, due to this, Many Managers and Owners of Companies have been interested in acquiring the technology, but, what Model of Business represents? By having a clear view of the insurmountable solutions that can give quickly and effectively, what they think is that many do not care about technology, they are not interested in making transactions through Bitcoin or Cryptocurrency in a fast and safe way with the right to have private and public audits, some entrepreneurs are only interested in the business model that can be established with a consultant and obtain additional profit from the proposed objectives, for many Business Owners, they see ICO's as very favorable, who want to achieve great things through blockchain , but they do not see it possibly realistically, they see it as Castles in the Air, as it happened in the years 60,70, 80,90, in the Stock Exchange, when they presented projects, such as tulips, others that allowed and assured that it was going to be able to catch odors on the internet, which were not physically feasible, nowadays the new policies for ICO's have been changed. By STO, I think that in this way they can have a greater control and that the most wanted desire that is to believe in Technology is much more attractive as a Business Model in the present to the Future.
I think more than usage blockchain be some business are always been very useful for our future generation to get the income every time without any problem in their life so I think both are profitable but business are more stable.whose source is: https://cointelegraph.com/news/new-survey-indicates-businesses-unprepared-to-deploy-blockchain-technology
I want show what many entrepreneurs are looking for:
"New Survey Indicates Businesses Unprepared to Deploy Blockchain Technology"
A new study has revealed that, while businesses are considering blockchain adoption, overall they do not feel ready to implement the technology. The survey was conducted by software development firm Globant and published on Feb. 19.
The report says that 64 percent of organizations are intent on investing in blockchain solutions to improve their internal operations, while only 46 percent of respondents feel ready to deploy the technology.
Out of 61 percent of organizations that are already researching blockchain, only 28 percent have chosen a blockchain provider. According to the survey, the majority of decision-makers are still investigating the technology and comparing vendors, and have not yet defined their stance on blockchain tech.
Diego Tartara, CTO Latin America at Globant, said, "Blockchain implementation is different for every organization, so it's imperative for business leaders to have a unified idea of what their integration will look like. The technology as such usually requires a shift in paradigm to adopt it, thus sharing core objectives for the technology is key for a successful blockchain integration."
To prepare the study, the researchers reportedly surveyed 679 senior-level decision makers employed in the fields of marketing, IT and operations in the United States during first quarter of 2018.
Earlier this month, a TD Bank survey revealed that 90 percent of treasury and finance professionals think that blockchain and distributed ledger technology (DLT) will positively affect the payments industry. Per the survey, only 14 percent of the respondents said that their organization has training strategies for blockchain.
A survey by the Global Blockchain Business Council published last January revealed that 63 percent of respondents believe that senior business executives have a poor understanding of blockchain technology. 30 percent consider their knowledge of the emerging technology as “average.” The remaining 7 percent described senior executive understanding of blockchain as “good.”
My analysis:
According to the Blockchain Technology it offers great advantages and is based on NO-CORRUPTION, due to this, Many Managers and Owners of Companies have been interested in acquiring the technology, but, what Model of Business represents? By having a clear view of the insurmountable solutions that can give quickly and effectively, what they think is that many do not care about technology, they are not interested in making transactions through Bitcoin or Cryptocurrency in a fast and safe way with the right to have private and public audits, some entrepreneurs are only interested in the business model that can be established with a consultant and obtain additional profit from the proposed objectives, for many Business Owners, they see ICO's as very favorable, who want to achieve great things through blockchain , but they do not see it possibly realistically, they see it as Castles in the Air, as it happened in the years 60,70, 80,90, in the Stock Exchange, when they presented projects, such as tulips, others that allowed and assured that it was going to be able to catch odors on the internet, which were not physically feasible, nowadays the new policies for ICO's have been changed. By STO, I think that in this way they can have a greater control and that the most wanted desire that is to believe in Technology is much more attractive as a Business Model in the present to the Future.
In the present Article of today, dated: 02/19/2019,
whose source is: https://cointelegraph.com/news/new-survey-indicates-businesses-unprepared-to-deploy-blockchain-technology
I want show what many entrepreneurs are looking for:
A new study has revealed that, while businesses are considering blockchain adoption, overall they do not feel ready to implement the technology. The survey was conducted by software development firm Globant and published on Feb. 19.
The report says that 64 percent of organizations are intent on investing in blockchain solutions to improve their internal operations, while only 46 percent of respondents feel ready to deploy the technology.
Out of 61 percent of organizations that are already researching blockchain, only 28 percent have chosen a blockchain provider. According to the survey, the majority of decision-makers are still investigating the technology and comparing vendors, and have not yet defined their stance on blockchain tech.
Diego Tartara, CTO Latin America at Globant, said, "Blockchain implementation is different for every organization, so it's imperative for business leaders to have a unified idea of what their integration will look like. The technology as such usually requires a shift in paradigm to adopt it, thus sharing core objectives for the technology is key for a successful blockchain integration."
To prepare the study, the researchers reportedly surveyed 679 senior-level decision makers employed in the fields of marketing, IT and operations in the United States during first quarter of 2018.
Earlier this month, a TD Bank survey revealed that 90 percent of treasury and finance professionals think that blockchain and distributed ledger technology (DLT) will positively affect the payments industry. Per the survey, only 14 percent of the respondents said that their organization has training strategies for blockchain.
A survey by the Global Blockchain Business Council published last January revealed that 63 percent of respondents believe that senior business executives have a poor understanding of blockchain technology. 30 percent consider their knowledge of the emerging technology as “average.” The remaining 7 percent described senior executive understanding of blockchain as “good.”
My analysis:
According to the Blockchain Technology it offers great advantages and is based on NO-CORRUPTION, due to this, Many Managers and Owners of Companies have been interested in acquiring the technology, but, what Model of Business represents? By having a clear view of the insurmountable solutions that can give quickly and effectively, what they think is that many do not care about technology, they are not interested in making transactions through Bitcoin or Cryptocurrency in a fast and safe way with the right to have private and public audits, some entrepreneurs are only interested in the business model that can be established with a consultant and obtain additional profit from the proposed objectives, for many Business Owners, they see ICO's as very favorable, who want to achieve great things through blockchain , but they do not see it possibly realistically, they see it as Castles in the Air, as it happened in the years 60,70, 80,90, in the Stock Exchange, when they presented projects, such as tulips, others that allowed and assured that it was going to be able to catch odors on the internet, which were not physically feasible, nowadays the new policies for ICO's have been changed. By STO, I think that in this way they can have a greater control and that the most wanted desire that is to believe in Technology is much more attractive as a Business Model in the present to the Future.
whose source is: https://cointelegraph.com/news/new-survey-indicates-businesses-unprepared-to-deploy-blockchain-technology
I want show what many entrepreneurs are looking for:
"New Survey Indicates Businesses Unprepared to Deploy Blockchain Technology"
A new study has revealed that, while businesses are considering blockchain adoption, overall they do not feel ready to implement the technology. The survey was conducted by software development firm Globant and published on Feb. 19.
The report says that 64 percent of organizations are intent on investing in blockchain solutions to improve their internal operations, while only 46 percent of respondents feel ready to deploy the technology.
Out of 61 percent of organizations that are already researching blockchain, only 28 percent have chosen a blockchain provider. According to the survey, the majority of decision-makers are still investigating the technology and comparing vendors, and have not yet defined their stance on blockchain tech.
Diego Tartara, CTO Latin America at Globant, said, "Blockchain implementation is different for every organization, so it's imperative for business leaders to have a unified idea of what their integration will look like. The technology as such usually requires a shift in paradigm to adopt it, thus sharing core objectives for the technology is key for a successful blockchain integration."
To prepare the study, the researchers reportedly surveyed 679 senior-level decision makers employed in the fields of marketing, IT and operations in the United States during first quarter of 2018.
Earlier this month, a TD Bank survey revealed that 90 percent of treasury and finance professionals think that blockchain and distributed ledger technology (DLT) will positively affect the payments industry. Per the survey, only 14 percent of the respondents said that their organization has training strategies for blockchain.
A survey by the Global Blockchain Business Council published last January revealed that 63 percent of respondents believe that senior business executives have a poor understanding of blockchain technology. 30 percent consider their knowledge of the emerging technology as “average.” The remaining 7 percent described senior executive understanding of blockchain as “good.”
My analysis:
According to the Blockchain Technology it offers great advantages and is based on NO-CORRUPTION, due to this, Many Managers and Owners of Companies have been interested in acquiring the technology, but, what Model of Business represents? By having a clear view of the insurmountable solutions that can give quickly and effectively, what they think is that many do not care about technology, they are not interested in making transactions through Bitcoin or Cryptocurrency in a fast and safe way with the right to have private and public audits, some entrepreneurs are only interested in the business model that can be established with a consultant and obtain additional profit from the proposed objectives, for many Business Owners, they see ICO's as very favorable, who want to achieve great things through blockchain , but they do not see it possibly realistically, they see it as Castles in the Air, as it happened in the years 60,70, 80,90, in the Stock Exchange, when they presented projects, such as tulips, others that allowed and assured that it was going to be able to catch odors on the internet, which were not physically feasible, nowadays the new policies for ICO's have been changed. By STO, I think that in this way they can have a greater control and that the most wanted desire that is to believe in Technology is much more attractive as a Business Model in the present to the Future.
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