The top few trends for the field of blockchain have been identified that will be hot in 2019. First of all, the apps will get decentralized, leading to the download and use of a vast number of options. Off- chain components will gain in importance towards enterprise class apps. The issues surrounding non- technology issues will come up to the surface. The convergence between blockchain and the internet-of-things is ongoing. This will enable large scale data warehousing as sensors will keep picking up much greater bytes of data than ever before. The entire blockchain ecosystem is in for some form of evolution this year. 2018’s top players such as Ethereum, Corda and Hyperledger Fabric may not remain the incumbent leaders by the end of 2019. Due to the rise of major projects, the visibility for blockchain will only rise.

Source:https://jaxenter.com/top-5-blockchain-predictions-2019-152880.html

Uploaded Date:28 December 2018

Digital strategies can only work when they are bold and inventive, not when incremental. This is because of the huge gulf between the leaders and the digital futures. A recent book released Strategy Beyond the Hockey Stick explores this idea and ways to bridge the gap. There are four major fights to be won for this cause, beginning with ignorance, of which there are plenty at the executive level. For this the technology IQ needs to be raised and competitive blind spots overcome. Another area to fight is fear which needs to begin with an honest dialogue. The support networks need to be honed for further growth through skill development. These support networks further boost the digital IQ of the team. Another is to fight guesswork. Instead proper business intelligence needs to be captured using proof points all across the journey. Constant experimentation needs to be done to validate, using pilot tests. A final fight will be against diffusion. Of course, digitization does lead to the dissemination of knowledge, but the critical facts must not be disseminated too easily. Instead, a portfolio of initiatives needs to be built to reduce intelligence leakage. Big moves must be made with rapid execution, so competitors do not get the time to respond.

Source:https://www.mckinsey.com/business-functions/digital-mckinsey/our-insights/digital-strategy-the-four-fights-you-have-to-win

Uploaded Date:28 December 2018

Blockchain is one of the hottest technological suites that could prove to be a trump card over the coming years. Yet, not many businesses know how best to make use of this technology. There are certain circumstances though, whose existence would lead to a situation where the use of this technology would be desirable. One such instance is if there is a constant need to share databases with a variety of people. The solution here could be Blockchain due to its decentralized mode of working. Transactions using blockchain are secured by cryptography. So, they are ideally suited to circumstances where process transactions require an audit trail. Another is when intermediaries are needed for information verification on one’s behalf. It is also desirable when transactions need to be transparent as is the case with Ethereum or Bitcoin. This business innovation is also of much use when contracts are needed between different parties to fulfill transactions.

Source:https://www.forbes.com/sites/forbestechcouncil/2018/12/20/five-signs-blockchain-could-help-your-business/#7b1f64944075

Uploaded Date:28 December 2018

It is now widely acknowledged that blockchain will be one of the technologies that will have a massive bearing on various businesses. This has been better illustrated in the new book titled Platform Revolution written by Marshall van Alstyne. One of the companies that is building the infrastructure for facilitating this technology is Syncsort. Their task is to drive the modern digital supply chain. The company is dedicated towards leveraging the big data potential, using the latest analytical platforms. Certain megatrends have been identified namely data science, data governance, cloud computing and streaming data. To make the use of the mountains of data now available, the right data warehousing needs to be done by players such as Syncsort. Data migration also then gets easier making further use of cloud applications. Hyperledger is another enterprise ready project.

Source:https://www.forbes.com/sites/danwoods/2018/11/26/how-blockchain-will-change-the-data-supply-chain-syncsorts-predictions/#f5d553b4441d

Uploaded Date:03 December 2018