Video: Blockchain in 60 seconds

No new technology since the Internet itself has excited so many pundits as blockchain, but the mania has largely settled down, and I have warmed to the third generation ledger technologies carefully researched and developed from the ground up, by R3, Hyperledger and Microsoft, to name a few of the main players in this field.

The latest update of my Constellation ShortList reports identifies the Synchronous Ledger Technology services and platforms recommended for early adopters pursuing digital transformation.

Experience and sharper analysis exposed the inherent limitations of the original blockchain. R&D continues at a frenetic pace on fundamental algorithms, service delivery models, and applications. As the field continues to evolve, one feature is shared by all important blockchain spinoffs: they all help to orchestrate agreement on some property of a complex set of transaction data. Hence, I've suggested the label Synchronous Ledger Technologies, which is more precise than "blockchain" and more accurate than "Distributed Ledger Technology".

As is the case with all emerging technologies, please keep in mind that all of the recommendations below are works in progress. For the majority of businesses today, I recommend selecting SLT services from a shortlist of the following labs and providers:

View the complete Constellation ShortList portfolio here.

Take the Constellation's Digital Transformation Survey before it closes on August 18, 2017. Constellation will send you a summary of the results.

Read more from the original source:

Synchronous ledger technology (aka blockchain): The companies to watch - ZDNet