7 blockchain mistakes and how to avoid them

Companies are still cautiously dipping their toes into the blockchain trough, hoping to discover where the distributed ledger technology can create efficiencies in their business processes. But for those who are ready to take the plunge, there are common missteps to avoid.

Based on its research of blockchain implementations, Gartner this week published a guide to the seven most common mistakes companies should avoid.

Gartner gauges the maturation of new technology through a “Hype Cycle,” a graphic-based lifecycle that follows five phases: from the Technology Trigger, when proof-of-concept stories and media interest emerges, to the Plateau of Productivity, when mainstream adoption occurs – if the technology is more than niche.

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