Blockchain hits warp speed with “enterprise” version
As Blockchain makes its way out of the Trough of Disillusionment up the Slope of Enlightenment (© Gartner Hype Cycle) cynics forget it offered a valuable innovation: networks in which every participant sees exactly what every other participant sees. In any market where value is exchanged, everything that happens post-trade aims to reach that same point, by a laborious process of repeated reconciliation to identify errors followed by exception processing to correct them. Now “enterprise” blockchain is promising to fix those broken information exchanges. Dominic Hobson asked Yves Guillaume Messy, a Blockchain and venture capital mentor, to tell us more about it.