Study predicts 90% of blockchain-based supply chain initiatives will suffer “blockchain fatigue” by 2023
The budding nature of blockchain makes it almost impossible for organizations to identify and target specific high-value use cases.
By 2023, 90% of blockchain-based supply chain initiatives will suffer “blockchain fatigue” due to a lack of strong use cases, according to “Predicts 2019: Future of Supply Chain Operations,” a study released by Gartner, Inc., Stamford, Conn.
This survey of user wants and needs found that only 19% of respondents ranked blockchain as a very important technology for their business, and only 9% have invested in it. This is mainly because supply chain blockchain projects are very limited and do not match the initial enthusiasm for the technology’s application in supply chain management.