Friday, June 29, 2018

How to explain blockchain in plain English | The Enterprisers Project

How to explain blockchain in plain English | The Enterprisers Project:
Reinvention Imperative"How to explain blockchain in plain English.
Arm yourself with definitions that will help you explain blockchain to others.
One expert compares it to a school lunch trade.
...Change is coming: Research firm IDC, among others, predicts booming growth, expecting worldwide spending on blockchain-related spending to hit $9.7 billion in 2021, up from around $2 billion this year.
But what’s the hold-up for IT leaders?
Gartner points to one reason in its survey results: Blockchain engineering skills are hard to come by and, as a result, are expensive.
People who do understand blockchain sometimes have a hard time explaining it succinctly.
There’s another issue: Many people still don’t understand what blockchain is.
Moreover, people who do understand it sometimes have a hard time explaining it succinctly, especially if they have to do so in non-technical terms that a wide audience can understand..."
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