Trust and efficiency: Finding the right applications for blockchain

December 3, 2018 | State of the Market Report

Many articles tout the benefits of blockchain and, in the last few years, a variety of new business opportunities based on blockchain have popped up, some even bordering on hilarity. However, most of these cited benefits are technical in nature, and a large number of these use cases could be done using traditional databases. In this report, we will develop a framework that clients can use to answer questions like when and where they should use blockchain and what architectural parameters they should consider while evaluating blockchain solutions.

Coverage Areas

  • Digital Transformation
  • Industrial Big Data and Analytics

Table of Contents

  • Executive Summary
  • Landscape
    As companies jump headlong into blockchain, there is little clarity around what situations warrant the use of blockchain and how blockchain should be implemented
  • Analysis
    Blockchain offers more than just an immutable record of transactions; it offers stakeholders a tool to carefully control markets, reduce distrust, and improve the efficiency of transactions
  • Outlook

Lead Analyst

Shriram Ramanathan, Ph.D.
Senior Analyst

Contributors

Katrina Westerhof
Cole McCollum
Kevin See, Ph.D.

About Lux Research

Lux Research is a leading provider of tech-enabled research and advisory solutions, helping clients drive growth through technology innovation. A pioneer in the research industry, Lux uniquely combines technical expertise and business insights with a proprietary intelligence platform, using advanced analytics and data science to surface true leading indicators. With quality data derived from primary research, fact-based analysis, and opinions that challenge traditional thinking, Lux clients are empowered to make more informed decisions today to ensure future success.

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