Blockchain

Distributed database technology that securely maintains a growing ledger of transactions, potentially useful for its inherent security, data integrity, and decentralized nature.

Lux logo LUX TAKE:

Blockchain has great potential to transform a variety of industries, but right now it is highly experimental, without obvious ROI in most cases today. In fact, the majority of the use cases being tackled today are likely to fail in the coming years. Clients looking to adopt blockchain should tread cautiously.

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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