This IDC Financial Insights Perspective examines the industry implications of blockchain technology. IDC anticipates that one of the most hyped topics in 2016 will be blockchain technology. Blockchain is the open source component of bitcoin, providing the ability to conduct secure, trusted exchanges of the virtual currency. Despite some of the negative perception of bitcoin itself, the ability to manage the exchange of value without trusted intermediaries like financial institutions and governments (which is accomplished by the blockchain software) has led many to speculate on the potential for much wider-ranging impacts. In this Perspective, we join that speculation by providing analysis on how it will affect industries and several of our innovation accelerators.
Data Security , Digital Strategy Consulting and Agency Services , IDC Financial Insights: Worldwide Compliance, Fraud and Risk Analytics Strategies , IDC Financial Insights: Worldwide Payment Strategies , IDC Manufacturing Insights: IT Priorities and Strategies , IDC Retail Insights: Worldwide Omni-Channel IT Strategies , Industry Cloud Platforms by Vertical Market , Internet of Things Ecosystem and Trends , Worldwide Digital Transformation Strategies